Get the free Statement of Economic Interests - dhs state il

This document is a form for individuals to declare their economic interests, including ownership in entities, professional organizations, and income sources. It is required for board members and the

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 appropriate authority or website.
2. Read the instructions carefully to understand what information is required.
3. Provide your personal information, including your name, address, and title.
4. List all your sources of income, including salaries, investments, and business ownership.
5. Disclose any real estate holdings owned or partially owned by you or your immediate family.
6. Declare any gifts received that exceed a specified value during the reporting period.
7. Include any other financial interests that might create a conflict of interest.
8. Review the completed form for accuracy and completeness.
9. Sign and date the form where required.
10. Submit the form by the designated deadline to the appropriate authority.

Who needs Statement of Economic Interests?

1. Public officials and employees in government positions.
2. Candidates running for public office.
3. Individuals holding certain regulatory or oversight roles.
4. Members of boards, commissions, or advisory groups.

People Also Ask about

What are examples of economic interests?

The form is used to disclose financial interests and avoid potential conflicts of interest in public service. The deadline for submitting the 2024/2025 Annual Form 700 is April 1, 2025.

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 a general economic interest?

Services of general economic interest (SGEI) are commercial services of general economic utility subject to public-service obligations. Transport, energy, communications and postal services are prime examples.

What is an example of an economic interest group?

There are several different kinds of economic interests: business groups (e.g., the Canadian Federation of Independent Business, the Confederation of British Industry, and Nestlé SA, headquartered in Switzerland and with operations throughout the world), labour groups (e.g., IG Metall in Germany, the Trades Union

What is a statement of economic interests?

Examples of economic interest groups include organizations representing business interests, such as the Pharmaceutical Research and Manufacturers of America, the National Association of Manufacturers, the U.S. Chamber of Commerce, and labor unions such as the American Federation of Labor and Congress of Industrial

What is a statement of economic interests form 700?

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 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.

For pdfFiller’s FAQs

What is Statement of Economic Interests?

The Statement of Economic Interests is a formal declaration that individuals in certain positions must submit, detailing their financial interests, assets, and potential conflicts of interest.

Who is required to file Statement of Economic Interests?

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

How to fill out Statement of Economic Interests?

To fill out the Statement of Economic Interests, one must accurately disclose information about all financial interests, assets, sources of income, and any business relationships that may present a conflict of interest.

What is the purpose of Statement of Economic Interests?

The purpose of the Statement of Economic Interests is to promote transparency and accountability in public service by revealing potential conflicts of interest and ensuring that public officials act in the best interest of the public.

What information must be reported on Statement of Economic Interests?

The information that must be reported includes details about ownership of assets, income from business interests, gifts received, positions held in organizations, debts, and any other financial interests that could influence decision-making.