Reporting the Source of a Gift
A public official who receives a gifts valued at $50 or more from a single source must identify the source to correctly report the gift on his or her Statement of Economic Interests and stay below the annual $440 gift limit. This is because the gift reporting requirement and limit are tied to gifts from a single source.
The resource sheet in the box at right covers issues related to reporting the source of a gift, including:
- When one receives a gift through an intermediary; and
- Reporting gifts from multiple sources.
A key goal of the gift reporting requirements is enabling the public and media to know from whom public officials receive gifts. Accurately reporting the source is therefore central to compliance.