State Business Transactions Disclosure Reports Due Jan. 31

Georgia law requires that all Institute employees disclose business transactions - conducted by themselves or family members - with the state or any state agency. Public officials and employees are required to disclose all business transactions occurring during the previous calendar year. Reports for 2024 transactions are due Jan. 31.

This requirement applies to transactions by the employee or any business in which the employee, spouse, or dependent has more than a 25% interest. There is an exception for transactions less than $250 where the total of all transactions does not exceed $9,000 in the calendar year. If an employee has no business transactions to report, that employee doesn't need to file the State Business Transaction Disclosure Report.

Disclosure reports are being filed through the Georgia Government Transparency and Campaign Finance Commission's legacy system, which is no longer accessible on their website. To file a report for 2024 business transactions, employees must contact Haley Barrett, director of Communications for the Georgia Government Transparency and Campaign Finance Commission, at [email protected] or 470.355.6003 for assistance in completing the filing process or to answer any questions you may have.

Definitions:

Business Transactions: The sale or leasing of any personal property, real property, or services on behalf of oneself or any third party as an agency, broker, dealer, or representative. It also applies to the purchase of surplus real or personal property on behalf of oneself or any third party as an agency, broker, dealer, or representative.

Any Business: Any corporation, partnership, proprietorship, firm, enterprise, franchise, association, organization, self-employed individual, trust, or other legal entity.