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The Fair Political Practices Commission FPPC is the state agency responsible for issuing the attached Statement of Economic Interests Form 700 and for interpreting the law s provisions. Post-Governmental Employment Gift Prohibition Late Filing Gifts received by most state and local officials employees and candidates are subject to a limit. For years 2015-2016 the limit is 460 from a single source during a calendar year. Obtain your disclosure categories which describe the interests you must rep ...

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What is a Form 700 in Los Angeles County?

A Statement of Economic Interest (FORM 700) is a state form on which state and local government officials publicly disclose their personal assets and income that may be materially affected by their official acts.

What is the purpose of Form 700?

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

What is Form 700 used for?

Form 700 is the tool used by public officials to disclose their financial interests that may be affected by their public official decisions. This ensures that the public is aware of a public officials financial interests and also reminds the public official of potential conflicts.

Is Form 700 public record?

The Form 700 is a public document. Form 700s filed by State Legislators and Judges, members of the FPPC, County Supervisors, and City Council Members are available on the FPPCs website.

What should I disclose on Form 700?

Report: Investments, interests in real property, and business positions held on the date you assumed the office or position must be reported. In addition, income (including loans, gifts, and travel payments) received during the 12 months prior to the date you assumed the office or position.

Who has to file a California Form 700?

Every elected official and public employee who makes or participates in making governmental decisions is required to submit a Statement of Economic Interests, also known as the Form 700. The Form 700 provides transparency and ensures accountability in governmental decisions.

What is the reporting period for Form 700?

The reporting period can cover parts of two calendar years. Report: Investments, interests in real property, business positions held, and income (including loans, gifts, and travel payments) received during the period covered by the statement.

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