RECORDED WEBINAR: Making a Statement (of Economic Interests): Questions and Answers about New Disclosure Requirements
April 7 @ 12:00 pm – 1:00 pm
Webinar Request: Making a Statement (of Economic Interests): Questions and Answers about New Disclosure Requirements
Elected officials, candidates for office, appointed members of governing boards, and certain government employees must annually file a Statement of Economic Interests form by May 1 of each year. This year, due to the recent amendments to the Illinois Governmental Ethics Act that went into effect on January 1, 2022, individuals required to file a Statement of Economic Interests must now disclose significantly more information, including assets with a value exceeding $10,000, sources of income in excess of $7,500, creditors of debt in excess of $10,000, and more. Individuals required to file must also list the economic interests of their spouse and children.
The Secretary of State recently issued guidance relating to the completion and filing of the Statement of Economic Interests, but many questions remain unanswered. Join us for an overview of the new filing requirements under the Governmental Ethics Act, along with a panel discussion of various fact scenarios and frequently asked questions relating to the Statement of Economic Interests.
What You Will Learn:
The legislative changes made to restraint and time out standards; Processes and procedures for com
- Who must file Statements of Economic Interest;
- New disclosure requirements in Statements of Economic Interest;
- What assets, sources of income, and debts must be disclosed;
- What economic interests of family members must be disclosed.
Who Should Attend:
- Board Members
- Candidates for Elected Office
- Government Departmental/Division Heads
- Government Employees with Authority over Contracts