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This document is a Statement of Economic Interests required for public officials to disclose their financial interests.

How to fill out statement of economic interests

How to fill out STATEMENT OF ECONOMIC INTERESTS

1. Obtain the STATEMENT OF ECONOMIC INTERESTS form from the relevant agency or website.
2. Read the instructions carefully to understand what information is required.
3. Start with personal information: fill in your name, position, and any other identifying details.
4. List your income sources: note down any income received from employment, investments, or other sources.
5. Disclose any real property you own: provide details of real estate holdings, including addresses and estimated values.
6. Identify your business interests: mention any businesses you own or have a significant stake in.
7. Include any gifts or honors received: report anything of value received from individuals or organizations.
8. Review your information for accuracy: ensure all entries are truthful and correct.
9. Sign and date the form before submission.
10. Submit the form as per the provided guidelines, whether electronically or in paper form.

Who needs STATEMENT OF ECONOMIC INTERESTS?

1. Public officials and employees involved in decision-making processes.
2. Candidates for public office.
3. Board members of certain organizations.
4. Individuals seeking to comply with legal or ethical requirements regarding financial disclosures.

People Also Ask about

What do you mean by economic interest?

Economic Interest means a Person's right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in

Who needs to file a statement of economic interest in Illinois?

The Form 700 provides transparency and ensures accountability in two ways: It provides necessary information to the public about an official's personal financial interests to ensure that officials are making decisions in the best interest of the public and not enhancing their personal finances.

What are the 10 examples of economic activities?

Economic activity example:- Banking , Farming , Cultivation , Consumption , Production , Transportation , Mining , Manufacturing , Livestock keeping , Hunting , Fishing.

What is meant by economic interests?

Economic Interest means a person's right to income, losses, deductions, credit, or similar benefits from a company, but does not include any other rights of a member, including voting rights or participation in management. Seen in 50 SEC filings.

What are examples of economic interests?

Economic Interest Groups seek to improve the economic circumstances of their members, such as reducing government regulations or increasing wages, and examples would be the U.S. Chamber of Commerce or the AFL-CIO (labor unions).

What are examples of economic wants?

What are examples of economic wants? A want is something that someone would like to have or desire. It is not necessary for survival. A new car, a video game, or a laptop are examples of wants.

What is the meaning of statement of economic interest?

A statement identifies a filer's, and his or her immediate family's, employers, investments, real estate, commercial clients, associated organizations​, and creditors. The purpose of the statement is to disclose the official's or candidate's financial relationships.

Who needs to file a statement of economic interest in Illinois?

Beginning January 1, 1994, persons required to file a Statement of Economic Interests include all elected and appointed officials and local government employees who have authority to authorize the expenditure of public funds, execute contracts, and issue licenses and permits.

What are examples of economic interests?

Beginning January 1, 1994, persons required to file a Statement of Economic Interests include all elected and appointed officials and local government employees who have authority to authorize the expenditure of public funds, execute contracts, and issue licenses and permits.

What is a statement of economic interests?

Economic Interest Groups seek to improve the economic circumstances of their members, such as reducing government regulations or increasing wages, and examples would be the U.S. Chamber of Commerce or the AFL-CIO (labor unions).

For pdfFiller’s FAQs

What is STATEMENT OF ECONOMIC INTERESTS?

A Statement of Economic Interests is a disclosure document required by law for certain individuals to report their financial interests, investments, and other economic interests that may present a conflict of interest.

Who is required to file STATEMENT OF ECONOMIC INTERESTS?

Typically, individuals in positions of public responsibility, such as elected officials, candidates for office, and certain government employees, are required to file a Statement of Economic Interests.

How to fill out STATEMENT OF ECONOMIC INTERESTS?

To fill out a Statement of Economic Interests, individuals should gather information on their financial interests, including income sources, investments, real estate holdings, and any positions held in organizations. They then complete the form, providing accurate details as required.

What is the purpose of STATEMENT OF ECONOMIC INTERESTS?

The purpose of the Statement of Economic Interests is to promote transparency in government and public service by disclosing potential conflicts of interest and ensuring accountability in decision-making.

What information must be reported on STATEMENT OF ECONOMIC INTERESTS?

The information that must be reported typically includes sources of income, ownership of investments, real estate holdings, debts, and positions in organizations that may pose a conflict of interest.