Under Senate Bill 126, Education Code Section 47604.1 now explicitly mandates that charter schools adhere to the Political Reform Act. This legislation encompasses the obligation for public officials, including members of charter school boards and a significant portion of the administrative team, to submit an annual Statement of Economic Interest, commonly known as “Form 700,” before April 1. Oversight and enforcement of this Act fall under the purview of the Fair Political Practices Commission (FPPC), which possesses the authority to impose penalties and fines on individuals who fail to file, submit late, or provide inaccurate Form 700s.
Join us in this webinar, where we will offer a fundamental overview of Form 700. Including an exploration of the types of financial interests that necessitate disclosure, as well as those exempt from disclosure, such as:
Investments (e.g., stocks, bonds, and other interests)Income and loans401k AccountOwnership in a BusinessGiftsReal Property (e.g., primary, rental, commercial)Spouse/Partner’s Income
Understanding these intricacies is crucial to ensuring compliance with the Political Reform Act. So, let’s delve into the details and equip ourselves with the knowledge needed to navigate this regulatory landscape effectively.
Who Should Attend:
Administrators/Charter School Leaders, Charter Board Members.
PRESENTED BY:
Kimberly Rodriguez, ESQ.
Senior Counsel
