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National Capital Park and Planning Commission, the Washington Suburban Sanitary Commission, and the

Washington Suburban Transit Commission will need to print a copy of the electronic form to file with the Chief

Administrative Officer of the county from which the member is appointed. Applicants for membership to a bi-

county commission have special requirements regarding the timing of filing, period covered and other matters.

Glossary of Terms – Public Ethics Law §5-101

"Business or business entity" means any corporation, general or limited partnership, limited liability

partnership, limited liability company, sole proprietorship (including a private consulting operation), joint

venture, unincorporated association or firm, institution, trust, foundation or other organization engaged in

business whether profit or nonprofit.

"Entity doing business with the State" means:

(1)

a party to any one or any combination of sales, purchases, leases or contracts to, from, or with the

State, or any agency thereof, involving consideration of five thousand dollars ($5,000) or more on a cumulative

basis during the calendar year for which a required statement is filed; including, to the extent ascertainable as of

the awarding or execution of a contract or lease, the total consideration committed to be paid, regardless of

the period of time over which such payments are to be made;

NOTE: The Commission maintains a complete list of lobbyists and financial institutions that do business with

the State. The financial disclosure program also contains a link to a Department of Budget and Management

website to permit you to identify others that do business with the State.

(2)

a regulated lobbyist (lobbyist or lobbyist employer) as defined in § 5-702 of the Public Ethics Law; or

(3)

an entity regulated by the department or executive agency of the official or employee.

NOTE: If a financial disclosure filer is a member or applicant to be a member of the Maryland National

Capital Park and Planning Commission, the Washington Suburban Sanitary Commission, or the Washington

Suburban Transit Commission references to business with the State are deemed to refer to the State, the

applicable bi-county commission, Montgomery County or Prince George’s County. References to employed by

the State are deemed to refer to individuals employed by the State, the applicable bi-county commission,

Montgomery County or Prince George’s County.

"Gift" means the transfer of anything of economic value regardless of the form without adequate and

lawful consideration. Gift does not include the solicitation, acceptance, receipt, or regulation of political

campaign contributions regulated in accordance with the provisions of the Election Law Article, or any other

provision of State law regulating the conduct of elections or the receipt of political campaign contributions.

"Immediate family" means spouse and dependent children.

"Interest" means any legal or equitable economic interest, whether or not subject to an encumbrance or

a condition, which was owned or held, in whole or in part, jointly or severally, directly or indirectly.

Interest does not include:

(1)

an interest held in the capacity of a personal representative, agent, custodian, fiduciary or trustee,

unless the holder has an equitable interest therein;

(2)

an interest in a time or demand deposit in a financial institution;

(3)

an interest in an insurance or endowment policy or annuity contract under which an insurance

company promises to pay a fixed number of dollars either in a lump sum or periodically for life or some

other specified period;

(4)

a common trust fund or trust that forms part of a pension or a profit-sharing plan that has more

than 25 participants and which is determined by the Internal Revenue Service to be a qualified trust or

college savings plan under the Internal Revenue Code; or

(5)

a mutual fund or exchange-traded fund that is publicly traded on a national scale unless the

mutual fund or exchange-traded fund is composed primarily of holdings of stocks and interests in a specific

sector that is regulated by the individual’s governmental unit.

Page 3 of 8

October 1, 2017

Financial Disclosure Statement Instructions (Form 1) - Maryland State Ethics Commission Page 3

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