OAR 199-020-0023: Guidelines for Compliance with ORS 244.060

(1) The purpose of this rule is to define certain terms and to clarify substantive provisions of ORS 244.060, as to what must be reported on one's Annual Verified Statement of Economic Interest (SEI). (2) The term “total annual household income” as used in ORS 244.060(3) means the collective income of all members of the public official’s household for the prior calendar year, but excluding the income of any household member under age 18. (3) ORS 244.260(4) requires that, other than one’s principal residence, which is exempted from reporting, SEI filers must report real property in which they have a beneficial financial interest if the real property is located within the geographic boundaries of the governmental agency of which the SEI filer holds, or if elected would hold, an official position or over which the SEI filer exercises or if elected would exercise, any authority. The following examples illustrate reportable property and non-reportable property: (a) An elected city councilor owns two rental properties, one within the city limits and one outside the city limits. He must only report the rental property within the city limits. (b) An elected member of the Legislative Assembly and her relative own a vacation home in the state that is outside the district she was elected to represent. The legislator must report the vacation home because it is within the state, and as a legislator, she exercises authority to legislate for the entire State, not just the district that elected her. (c) An elected County Commissioner has a beneficial financial interest in commercial real estate located outside the County and she need not report that property. (d) A candidate for Secretary of State owns an undeveloped parcel of land in the state and must report it because if elected, she would exercise authority over the entire state. (e) A member of the Board of Trustees for a public university located in City X owns an office building in a different city within the state, as well as other property located in California. The Trustee must report the commercial building she owns within the state because the public university's geographic boundaries are the entire state and not the just the university campus or the city in which the university is located. The Trustee need not report her property located in California.