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Enc No. 10(d) Virginia Conflict of Interest and Ethics Advisory Council STATE AND LOCAL STATEMENT OF ECONOMIC INTERESTSContents Instructions ...................................................................................................................
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How to fill out statement of economic interests
How to fill out statement of economic interests
01
To fill out a statement of economic interests, follow these steps:
02
Start by gathering all the required information and documents, such as your personal financial records, employment details, and business interests.
03
Read the instructions and guidelines provided along with the form to understand the specific requirements and disclosures expected.
04
Begin with providing your personal details, including your full name, contact information, and relevant identification details.
05
Declare any positions held in government agencies, boards, or commissions, along with the name of the agency and the dates of service.
06
Disclose any financial interests you or your immediate family members have in businesses, corporations, or professional organizations. Be sure to provide details such as the name of the entity, the type of interest (ownership, employment, or consulting), and the nature of the business.
07
Specify any contracts or agreements you or your family members have with government agencies, along with the details of the agency and the nature of the contract.
08
Provide information about income you receive from any source, including employment, investments, rental incomes, or any other form of financial gain. Provide accurate figures and details about the sources of income.
09
Disclose any gifts or reimbursements received that exceed the specified threshold. Provide details such as the nature of the gift/reimbursement, its value, and the source.
10
If applicable, declare any loans or debts you have, including details of the lender and the terms of the loan.
11
Review your completed statement of economic interests to ensure accuracy and completeness. Make any necessary corrections before signing and submitting the form.
12
Submit the form as instructed, either online or by mail, within the designated timeframe.
13
Remember to keep a copy of the completed form for your records.
Who needs statement of economic interests?
01
Various individuals or entities may be required to submit a statement of economic interests, such as:
02
- Government officials, elected representatives, and public servants
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- Candidates running for public office
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- Individuals appointed to government agencies, boards, or commissions
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- Employees in positions that involve decision-making authority or oversight of public funds
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- Some professionals, such as attorneys or lobbyists, who may have to disclose their financial interests as part of regulatory requirements
07
The specific laws and regulations vary by jurisdiction, so it is essential to consult the relevant authorities or legal counsel to determine if you need to submit a statement of economic interests.
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What is statement of economic interests?
Statement of economic interests is a disclosure form that public officials and government employees are required to file to reveal their financial interests and potential conflicts of interest.
Who is required to file statement of economic interests?
Public officials and government employees are required to file statement of economic interests.
How to fill out statement of economic interests?
Statement of economic interests can be filled out by providing detailed information about financial interests, investments, income sources, gifts received, and potential conflicts of interest.
What is the purpose of statement of economic interests?
The purpose of statement of economic interests is to promote transparency and accountability by disclosing financial interests that could influence decision-making.
What information must be reported on statement of economic interests?
Information such as financial interests, investments, income sources, gifts received, and potential conflicts of interest must be reported on statement of economic interests.
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