The Political Reform Act requires candidates and most government officials to publicly disclose their personal assets and income, and also disqualify themselves from participating in decisions that may affect their personal economic interests.
When filing your candidate papers you must also file the Form 700, disclosing your personal assets and income for the previous calendar year.
While sometimes popularly called “conflict-of-interest statements,” any conflict of interests under the Political Reform Act can only come about if a public official makes or participates in making a government decision that has a reasonably foreseeable material financial effect on the official’s personal financial interests. Also, the law does not require all relevant personal financial interests (such as ownership of a personal residence in most cases) to be disclosed on the statement of economic interests.
The Form 700 is a public document and is required to be made available by request and/or posted online.
If you are elected or appointed to office, you must file this form with the appropriate filing officer for your jurisdiction within 30 days of taking office, and then annually until you leave office.
The Form 700 and instructions will be included with your candidate packet
For more information go to the Fair Political Practices Commission website.