CEO 75-32 -- February 21, 1975

REQUIRED FILING PERIOD

FINANCIAL DISCLOSURE STATEMENT

To: James L. Redman, Representative, 62nd District, Plant City

Prepared by: Patricia Butler

SUMMARY:

Section 112.3145(1), F. S., as amended by Ch. 74-177, Laws of Florida, provides that a candidate for election or nomination shall file his or her statement of disclosure after candidacy qualification; a public officer must file by May 15 of each year. Accordingly, Representative Redman must file as a public officer by May 15, 1975, even though he filed as a candidate in August 1974. The latter filing will apply to the 1973 tax year; the former to the 1974 tax year, since the disclosure period is a calendar year, Jan. 1 to Dec. 31.

QUESTION:

If I filed a financial disclosure statement as a candidate in August 1974, must I file another such statement as a public officer by May 15, 1975?

This question is answered in the affirmative.

The applicable section of the disclosure law states in part:

A candidate for nomination or election shall file a statement of disclosure no later than twelve o'clock noon on the tenth day after the last day to qualify as a candidate. A public officer . . . shall file a statement of disclosure no later than twelve o'clock noon of May 15th of each year, including the May 15th following the last year a public officer is in office . . . . [Section 112.3145(1), F. S., as amended by Ch. 74-177, Laws of Florida.]

The disclosure period is a calendar year, i.e., from January 1 to December 31. Accordingly, the statement you filed in August of 1974 would have pertained to the 1973 tax year, whereas the May 15, 1974, required filing date will pertain to your financial situation during the 1974 tax year.