[Amended 7-20-2023 by Ord. No. O-23-20]
Those covered by this article shall file the public disclosure
statement required under this section with the Commission, on a form
provided by the Commission, and signed as true under penalty of perjury.
Each statement must include schedules providing the following
information:
A. Interests in real property. For appointed officials, the addresses
of interests in real property located in the Town of Chesapeake Beach,
or within 10 miles of the boundaries of Chesapeake Beach. For elected
officials and candidates for election, a list of all interests in
real property, wherever located, and for each property of the filer
a statement of:
[Amended 7-20-2023 by Ord. No. O-23-20]
(1) The nature of the property and the location by street address, mailing
address, or legal description of the property;
(2) The nature and extent of the interest held, including any conditions
and encumbrances on the interest;
(3) The date when, the manner in which, and the identity of the person
from whom the interest was acquired;
(4) The nature and amount of the consideration given in exchange for
the interest or, if acquired other than by purchase, the fair market
value of the interest at the time acquired;
(5) If any interest was transferred, in whole or in part, at any time
during the reporting period, a description of the interest transferred,
the nature and amount of the consideration received for the interest,
and the identity of the person to whom the interest was transferred;
and
(6) The identity of any other entity with an interest in the property.
B. Interest in business entities. For appointed officials, the name
and address of any business entity doing business with the Town, in
which the filer has a financial interest. For elected officials and
candidates for election, the name and address of any business entity,
regardless of whether or not it does business with the Town, in which
the filer has a financial interest, and for each entity, a statement
of:
[Amended 7-20-2023 by Ord. No. O-23-20]
(1) The name and address of the principal office of the entity;
(2) The nature and amount of the interest held, including any conditions
and encumbrances on the interest;
(3) With respect to any interest transferred, in whole or in part, at
any time during the reporting period, a description of the interest
transferred, the nature and amount of the consideration received for
the interest, and, if known, the identity of the person to whom the
interest was transferred; and
(4) With respect to any interest acquired during the reporting period:
(a)
The date when, the manner in which, and the identity of the
person from whom the interest was acquired; and
(b)
The nature and the amount of the consideration given in exchange
for the interest or, if acquired other than by purchase, the fair
market value of the interest at the time acquired.
(5) An individual may satisfy the requirement to report the amount of the interest held under Subsection
B(2) by reporting, instead of a dollar amount:
(a)
For an equity interest in a corporation, the number of shares
held and, unless the corporation's stock is publicly traded, the percentage
of equity interest held; or
(b)
For an equity interest in a partnership, the percentage of equity
interest held.
(6) Interests in mutual funds and exchange traded funds may be excluded
from the disclosure of corporate interests otherwise required by this
subsection.
C. Employment with or interests in entities doing business with the
Town:
(1) A list of all entities doing business with the Town during the reporting
period in which:
(a)
The filer or a close relative held an office, directorship,
or salaried employment.
(b)
The filer or a close relative sought employment.
(c)
The filer or a close relative had a contract.
(d)
The filer had a direct financial interest in an entity which
had a direct financial interest in the one doing business with the
Town.
(2) For each position reported under this subsection, the schedule shall
include:
(a)
The name and address of the principal office of the business
entity; and
(b)
The title and nature of the office, directorship, or salaried
employment held and the date it commenced.
D. Indebtedness to entities doing business with the Town:
(1) A list of all liabilities, excluding retail credit accounts, to entities
doing business with the Town owed at any time during the reporting
period by the covered person; or by a close relative if the relative
was involved in the transaction giving rise to the liability.
[Amended 7-20-2023 by Ord. No. O-23-20]
(2) For each liability reported under this subsection, the schedule shall
include:
(a)
The identity of the entity to whom the liability was owed and
the date the liability was incurred;
[Amended 7-20-2023 by Ord. No. O-23-20]
(b)
The amount of the liability owed as of the end of the reporting
period;
(c)
The terms of payment of the liability and the extent to which
the principal amount of the liability was increased or reduced during
the year; and
(d)
The security given, if any, for the liability.
E. Gifts:
(1) Each gift in excess of $20 in value or a series of gifts totaling
$100 or more received during the reporting period from or on behalf
of, directly or indirectly, any one entity who does business with
or is regulated by the Town, or from an association, or any entity
acting on behalf of an association that is engaged only in representing
counties or municipal corporations.
[Amended 3-16-2023 by Ord. No. O-23-1; 7-20-2023 by Ord. No. O-23-20]
(2) For each gift reported, the schedule shall include a description
of the nature and value of the gift and the identity of the person
from whom, or on behalf of whom, directly or indirectly, the gift
was received.
[Amended 7-20-2023 by Ord. No. O-23-20]
(3) Each instance in which the filer solicited, or facilitated the solicitation
of, a gift to the filer or anyone else.
F. Sources of earned income:
(1) The name and address of each place of employment and of each business
entity of which the filer or a close relative was a sole or partial
owner and from which the filer or a close relative received earned
income at any time during the reporting period.
(2) A minor child's employment or business ownership need not be disclosed
if the entity that employs the individual does not regulate, exercise
authority over, or contract with the place of employment or business
entity of the minor child.
[Amended 7-20-2023 by Ord. No. O-23-20]
(3) Appointed officials need provide information only as to entities
located in the Town or doing business with the Town.
G. Close relatives: A list of the close relatives of the filer employed
by the Town in any capacity at any time during the reporting period.
[Amended 7-20-2023 by Ord. No. O-23-20]
H. Contingent compensation: All instances in which the filer assisted
or represented a party for contingent compensation on any matter before
or involving the Town, other than in judicial or quasi-judicial proceedings.
I. Prestige of position:
(1) Each instance in which the filer used or attempted to use the prestige
of his or her office or public position for the private gain of the
filer or anyone else.
(2) Each instance the filer influenced or attempted to influence the
award of a Town contract to a specific person or entity.
J. Confidential information: Each instance in which the filer disclosed
or used confidential information, acquired by reason of the filer's
Town position, for the economic benefit of the filer or anyone else.
K. Financial
or contractual relationships:
[Added 3-16-2023 by Ord. No. O-23-1]
(1) The
covered person shall disclose the information specified in §
5-607(j)(1) of the General Provisions Article of the Annotated Code
of Maryland for any financial or contractual relationship with:
(a) The University of Maryland medical system;
(b) A governmental entity of the state or a local government in the state;
or
(c) A quasi-governmental entity of the state or local government in the
state.
(2) For
each financial or contractual relationship reported, the schedule
shall include:
(a) A description of the relationship;
(b) The subject matter of the relationship; and
L. An individual
who is required to disclose the name of a business under this section
shall disclose any other names that the business is trading as or
doing business as.
[Added 3-16-2023 by Ord. No. O-23-1]
[Amended 7-20-2023 by Ord. No. O-23-20]
The Commission shall review the public disclosure statements
submitted under this article and shall notify the filer of any omissions
or deficiencies, including a failure to sign or a failure to complete
each form, which the filer shall remedy within one week after notice.
The Commission shall investigate any violations of this chapter which
appear to be revealed in a filer's disclosures.
[Added 3-16-2023 by Ord. No. O-23-1]
The Commission or office designated by the Commission shall
not provide public access to information related to consideration
received from:
A. The University
of Maryland medical system;
B. A governmental
entity of the state or a local government in the state; or
C. A quasi-governmental
entity of the state or local government in the state.