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Political Reform Act 2011 - Fair Political Practices Commission

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§ 87103. 86<br />

§ 87103.<br />

2 Cal. Code of Regs. Section 18703.1<br />

2 Cal. Code of Regs. Section 18703.2<br />

2 Cal. Code of Regs. Section 18703.3<br />

2 Cal. Code of Regs. Section 18703.4<br />

2 Cal. Code of Regs. Section 18703.5<br />

2 Cal. Code of Regs. Section 18704<br />

2 Cal. Code of Regs. Section 18704.1<br />

2 Cal. Code of Regs. Section 18704.2<br />

2 Cal. Code of Regs. Section 18704.5<br />

2 Cal. Code of Regs. Section 18705<br />

2 Cal. Code of Regs. Section 18705.1<br />

2 Cal. Code of Regs. Section 18705.2<br />

2 Cal. Code of Regs. Section 18705.3<br />

2 Cal. Code of Regs. Section 18705.4<br />

2 Cal. Code of Regs. Section 18705.5<br />

2 Cal. Code of Regs. Section 18706<br />

Opinions: In re Galligan (2000) 14 FPPC Ops. 1<br />

§ 87103. Financial Interest.<br />

A public official has a financial interest in a<br />

decision within the meaning of Section 87100 if it is<br />

reasonably foreseeable that the decision will have a<br />

material financial effect, distinguishable from its effect<br />

on the public generally, on the official, a member of<br />

his or her immediate family, or on any of the<br />

following:<br />

(a) Any business entity in which the public<br />

official has a direct or indirect investment worth two<br />

thousand dollars ($2,000) or more.<br />

(b) Any real property in which the public official<br />

has a direct or indirect interest worth two thousand<br />

dollars ($2,000) or more.<br />

(c) Any source of income, except gifts or loans<br />

by a commercial lending institution made in the<br />

regular course of business on terms available to the<br />

public without regard to official status, aggregating<br />

five hundred dollars ($500) or more in value provided<br />

or promised to, received by, the public official within<br />

12 months prior to the time when the decision is made.<br />

(d) Any business entity in which the public<br />

official is a director, officer, partner, trustee,<br />

employee, or holds any position of management.<br />

(e) Any donor of, or any intermediary or agent<br />

for a donor of, a gift or gifts aggregating two hundred<br />

fifty dollars ($250) or more in value provided to,<br />

received by, or promised to the public official within<br />

12 months prior to the time when the decision is made.<br />

The amount of the value of gifts specified by this<br />

subdivision shall be adjusted biennially by the<br />

<strong>Commission</strong> to equal the same amount determined by<br />

the <strong>Commission</strong> pursuant to subdivision (f) of Section<br />

89503.<br />

For purposes of this section, indirect investment or<br />

interest means any investment or interest owned by the<br />

spouse or dependent child of a public official, by an<br />

agent on behalf of a public official, or by a business<br />

entity or trust in which the official, the official’s<br />

agents, spouse, and dependent children own directly,<br />

indirectly, or beneficially a 10-percent interest or<br />

greater.<br />

History: Amended by Stats. 1979, Ch. 686; amended by Stats.<br />

1980, Ch. 183; amended by Stats. 1984, Ch. 931; amended by Stats.<br />

1985, Ch. 611; amended by Stats. 1994, Ch. 386; amended by Stats.<br />

1997, Ch. 455, effective September 24, 1997; amended by Stats.<br />

2000, Ch. 130.<br />

References at the time of publication (see page 3):<br />

Regulations: 2 Cal. Code of Regs. Section 18229<br />

2 Cal. Code of Regs. Section 18229.1<br />

2 Cal. Code of Regs. Section 18232<br />

2 Cal. Code of Regs. Section 18700<br />

2 Cal. Code of Regs. Section 18702.5<br />

2 Cal. Code of Regs. Section 18703<br />

2 Cal. Code of Regs. Section 18703.1<br />

2 Cal. Code of Regs. Section 18703.2<br />

2 Cal. Code of Regs. Section 18703.3<br />

2 Cal. Code of Regs. Section 18703.4<br />

2 Cal. Code of Regs. Section 18703.5<br />

2 Cal. Code of Regs. Section 18704<br />

2 Cal. Code of Regs. Section 18704.1<br />

2 Cal. Code of Regs. Section 18704.2<br />

2 Cal. Code of Regs. Section 18704.5<br />

2 Cal. Code of Regs. Section 18705<br />

2 Cal. Code of Regs. Section 18705.1<br />

2 Cal. Code of Regs. Section 18705.2<br />

2 Cal. Code of Regs. Section 18705.3<br />

2 Cal. Code of Regs. Section 18705.4<br />

2 Cal. Code of Regs. Section 18705.5<br />

2 Cal. Code of Regs. Section 18706<br />

2 Cal. Code of Regs. Section 18707<br />

2 Cal. Code of Regs. Section 18707.1<br />

2 Cal. Code of Regs. Section 18707.2<br />

2 Cal. Code of Regs. Section 18707.4<br />

2 Cal. Code of Regs. Section 18707.5<br />

2 Cal. Code of Regs. Section 18707.6<br />

2 Cal. Code of Regs. Section 18707.7<br />

2 Cal. Code of Regs. Section 18707.9<br />

2 Cal. Code of Regs. Section 18707.10<br />

2 Cal. Code of Regs. Section 18709<br />

2 Cal. Code of Regs. Section 18730<br />

2 Cal. Code of Regs. Section 18940<br />

2 Cal. Code of Regs. Section 18940.2<br />

2 Cal. Code of Regs. Section 18941<br />

2 Cal. Code of Regs. Section 18942<br />

2 Cal. Code of Regs. Section 18942.1<br />

2 Cal. Code of Regs. Section 18943<br />

2 Cal. Code of Regs. Section 18944.2<br />

2 Cal. Code of Regs. Section 18945<br />

Opinions: In re Roberts (2004) 17 FPPC Ops. 9<br />

In re Hanko (2002) 16 FPPC Ops. 1<br />

In re Galligan (2000) 14 FPPC Ops. 1<br />

In re Legan (1985) 9 FPPC Ops. 1<br />

In re Nord (1983) 8 FPPC Ops. 6<br />

In re Ferraro (1978) 4 FPPC Ops. 62<br />

In re Callanan, Sands and Hill (1978) 4 FPPC<br />

Ops. 33<br />

In re Brown (1978) 4 FPPC Ops. 19<br />

In re Hopkins (1977) 3 FPPC Ops. 107<br />

In re Gillmor (1977) 3 FPPC Ops. 38<br />

In re Moore (1977) 3 FPPC Ops. 33<br />

In re Thomas (1977) 3 FPPC Ops. 30<br />

In re Sherwood (1976) 2 FPPC Ops. 168

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