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(List each office or position of employment for which this Statement is filed.) GENERAL DIRECTIONS The interest (if constructively controlled by the person making the statement) of a spouse or any other party shall be considered to be the same as the interest of the person making the statement. Campaign receipts shall not be included in this statement. (If more space is needed, please attach supplemental listing.) 1. List the name and instrument of ownership in any ent.

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How to fill out the Statement Of Economic Interests online

The Statement Of Economic Interests is a crucial document that provides transparency regarding the economic interests of individuals in public service. This guide will walk you through the process of completing it online, ensuring you have all the necessary information and support.

Follow the steps to complete the Statement Of Economic Interests online

  1. Press the ‘Get Form’ button to access the Statement Of Economic Interests form and open it in the editor.
  2. Begin by typing or printing your name and address in the designated blank space at the top of the form.
  3. List each office or position of employment relevant to this Statement in the provided section.
  4. For Section 1, identify and list the names and instruments of ownership of entities engaged in business in Illinois where you have an ownership interest exceeding $5,000 fair market value or dividends in excess of $1,200 earned in the previous calendar year.
  5. In Section 2, enter the name, address, and nature of any professional organization where you held a significant role and earned over $1,200 in the past year.
  6. In Section 3, describe the professional services you provided to any entities (not related to the State of Illinois) that generated income exceeding $5,000 in the past calendar year.
  7. Section 4 requires you to detail the capital assets from which a capital gain of $5,000 or more was earned last year.
  8. In Section 5, provide the name of any compensated lobbyist you maintain a close economic association with, the related legislative matters, and the economic activities of their client.
  9. Section 6 asks for the name of any business entity in Illinois from which you earned more than $1,200 during the previous year, alongside your position in that entity.
  10. In Section 7, list any government units that employed you in the preceding year, excluding those related to this Statement.
  11. For Section 8, disclose any gifts or honorariums valued over $500 received in the previous calendar year.
  12. Review your completed Statement for accuracy, then sign and date it in the verification section.
  13. Finally, ensure you save your changes, and take advantage of the options to download, print, or share the completed form as necessary.

Begin completing your Statement Of Economic Interests online today!

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The following are deemed to be economic interests from which conflicts of interest can arise: Business Investment. ... Business Employment or Management. ... Real Property. ... Sources of Income. ... Gifts. ... Personal Financial Effect.

Statement of Economic Interests 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.

1 business, commercial, financial, industrial, mercantile, trade. 2 money-making, productive, profitable, profit-making, remunerative, solvent, viable. 3 bread-and-butter (informal) budgetary, financial, fiscal, material, monetary, pecuniary.

Economic Interest means a Person's right to share in the income, gains, losses, deductions, credit, or similar items of, and to receive Distributions from, the Company, but does not include any other rights of a Member, including, without limitation, the right to vote or to participate in management, except as provided ...

interest, the price paid for the use of credit or money. It may be expressed either in money terms or as a rate of payment.

An economic interest is typically a share of the profits but does not necessarily entitle you to the equity or value of the entity itself.

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 official's financial interests and also reminds the public official of potential conflicts.

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.

(10) Economic interest. - The proprietary interest of an interest owner in the capital, income, losses, credits, and other economic rights and interests of a limited liability company, including the right of the owner of the interest to receive distributions from the limited liability company.

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