Georgia law requires all Institute employees to disclose business transactions – conducted by themselves or their family members – with the state or any state agency. Public officials and employees are required to disclose all business transactions that occurred during the previous calendar year. Reports for 2024 transactions are due January 31..
This requirement applies to transactions made by the employee or to any business in which the employee, his or her spouse or dependent has an ownership interest of more than 25%. There is an exception for transactions under $250 when the total of all transactions does not exceed $9,000 during the calendar year.If an employee has no business transactions to report, they do not need to file the state’s Business Transactions Disclosure Report.
Disclosure reports are filed through the Georgia Government Transparency and Campaign Finance Commission’s legacy system, which is no longer accessible on its website. To file a report for 2024 business transactions, employees should contact Haley Barrett, communications director for the Georgia Government Transparency and Campaign Finance Commission, athbarrett@ethics.ga.govor 470.355.6003 for assistance in completing the filing process or to answer any questions you may have.
Definitions:
Commercial transactions: The sale or rental of any personal property, real estate or service on behalf of oneself or any third party as an agency, broker, reseller or representative. It also applies to the purchase of excess real or personal property for oneself or on behalf of any third party as an agency, broker, merchant or representative.
Any business: Any corporation, partnership, sole proprietorship, corporation, firm, franchise, association, organization, self-employed person, trust or other legal entity.