- A. An individual shall file the financial disclosure statement required by General Provisions Article, Title 5, Subtitle 6, Annotated Code of Maryland, on a form or the electronic filing system provided by the Commission.
B. An individual who files a financial disclosure statement using the electronic filing system of the Commission may disclose the following information in the ranges specified in the electronic filing system:
(1) For a real property interest:
- (a) If the interest is held jointly with other persons, the percentage of interest held by each owner;
- (b) The consideration paid when the interest was acquired, the fair market value if acquired other than by purchase, or the annual rent if the individual rents the property; and
- (c) If any portion of the interest was transferred in the reporting period, the percentage of interest that was transferred and the amount of consideration received for the interest;
(2) For an interest in a corporation:
- (a) The number of shares held or the value of the shares;
- (b) If the interest is held jointly with other persons, the percentage of interest held by each owner;
- (c) If an interest was acquired during the reporting period in a manner other than by dividend or dividend reinvestment or over $500 was acquired by dividend or dividend reinvestment, the dollar amount paid or, if acquired in a manner other than by purchase, the fair market value at the time of acquisition; and
- (d) If an interest was transferred during the reporting period, the percentage of interest transferred and the amount of consideration received for the interest;
(3) For an interest in a noncorporate business entity doing business with the State:
- (a) If the interest is jointly held with other persons, the percentage of interest held by each owner;
- (b) The value of the interest held by the individual;
- (c) If the interest was acquired during the reporting period, the consideration paid or the fair market value if acquired other than by purchase; and
- (d) If an interest was transferred during the reporting period, the percentage of interest transferred and the amount of consideration received for the interest; and
(4) For a debt owed to an entity doing business with the State:
- (a) The interest rate;
- (b) The amount of the debt at the end of the reporting period; and
- (c) The amount by which the debt increased or decreased during the reporting period.
Authority: General Provisions Article, §§5-101, 5-206, 5-601, and 5-602, Annotated Code of Maryland
Effective date: August 8, 2011 (38:16 Md. R. 946)
Regulation .01A amended effective May 25, 2015 (42:10 Md. R. 685)
Regulation .01B amended effective October 15, 2012 (39:20 Md. R. 1309); February 7, 2022 (49:3 Md. R. 138)