Form 700-U - California Statement Of Economic Interests For Principal Investigators - Fair Political Practices Commissi Page 3

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700-U
CALIFORNIA
Instructions for Completing
FORm
Form 700-U (continued)
What is a travel Payment?
A travel payment that was received from a non-profit
entity exempt from taxation under Internal Revenue
Travel payments include advances and reimbursements for
Service Code Section 501(c)(3) for which you provided
travel and related expenses, including lodging and meals.
equal or greater consideration, such as reimbursement
Travel payments are gifts if you did not provide
for travel on business for a 501(c)(3) organization for
services which were equal to or greater in value than
which you are a board member.
the payments received. You must disclose gifts totaling
Check the box to indicate if the payment was a gift or
$50 or more from a single source during the period
income, report the amount, and disclose the date(s) if
covered by the statement. Gifts of travel are reportable
applicable.
without regard to where the donor is located.
Violations
When reporting travel payments which are gifts, you
must provide a description of the gift and the date(s)
Failure to file the required Statement of Economic Interests
received. In addition, the travel destination must be
or failure to report a financial interest may subject a
disclosed for travel taken on or after January 1, 2016.
principal investigator to civil liability, including fines, as well
as University discipline. (See Gov. Code Sections 81000-
Travel payments are income if you provided services
91014.)
which were equal to or greater in value than the
payments received. You must disclose income totaling
Privacy Information Notice
$500 or more from a single source during the period
Information requested on all FPPC forms is used by the
covered by the statement. The filer has the burden of
FPPC to administer and enforce the Political Reform
proving the payments are income rather than gifts.
Act (Gov. Code Sections 81000-91014 and Regulations
When reporting travel payments as income, you must
18110-18997). All information required by these forms is
describe the services you provided in exchange for the
mandated by the Political Reform Act. Failure to provide all
payment. You are not required to disclose the date(s)
of the information required by the Act is a violation subject
for travel payments which are income.
to administrative, criminal or civil prosecution. All reports
and statements provided are public records open for public
Gifts of travel may be subject to a $470 gift limit. In
inspection and reproduction.
addition, certain travel payments are reportable gifts, but
are not subject to the gift limit. See the FPPC fact sheet
I f you have any questions regarding this Privacy Notice or
entitled “Limitations and Restrictions on Gifts, Honoraria,
how to access your personal information, please contact
Travel, and Loans,” which can be obtained from the FPPC
the FPPC at:
at
General Counsel
You are not required to disclose:
Fair Political Practices Commission
428 J Street, Suite 620
Travel payments received from any state, local, or
Sacramento, CA 95814
federal government agency for which you provided
(916) 322-5660
services equal or greater in value than the payments
received, such as reimbursement for travel on agency
business from your government agency employer.
Travel payments received from your employer in the
normal course of your employment.
FPPC Form 700-U (2016/2017)
FPPC Advice Email: advice@fppc.ca.gov
FPPC Toll-Free Helpline: 866/275-3772

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