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This form is primarily required for vendors who have a business relationship with local governmental entities. It is essential for individuals and businesses that are entering contracts or negotiations with local governments, as well as those who may have familial ties to government officials. For instance, a construction company bidding on a municipal project must disclose any financial relationships with city council members to avoid potential conflicts of interest.
Vendors must file the Conflict of Interest Questionnaire within seven business days after becoming aware of any facts necessitating disclosure. This includes situations where they have established a business relationship with a local government officer or their family members, or if gifts exceeding specified values have been given. Compliance is crucial to avoid misdemeanor charges under the Local Government Code.
To submit the Conflict of Interest Questionnaire, follow these steps: first, obtain the latest version of the form from the Texas Ethics Commission website. Next, fill out all required sections accurately, ensuring you provide complete information regarding your relationships and any gifts. After completing the form, submit it either electronically via email to the records administrator or print it out and deliver it in person or by mail to ensure timely filing.
It is crucial for vendors to keep abreast of changes in legislation affecting this form. The recent updates made by H.B. 23 during the 84th Legislative Session emphasize stricter compliance measures and highlight penalties for non-compliance. Vendors should also be aware that failure to file an accurate questionnaire can lead not only to legal repercussions but also damage their reputation and future business opportunities.