What gifts must be reported?

Posted on Dec 5, 2023 in

These gifts must be reported on your gift disclosure if all of the following circumstances apply:

  1. You (or your spouse or dependent child) receive either directly or indirectly: (a) a gift that is valued at more than $200, or (b) two or more gifts from the same source, where the combined value of the items is more than $200;
  2. The source of the gift(s) has interests that may be affected by official action that you take in your state capacity; and
  3. The gift is not exempted by law from disclosure.