Gift
4 definitions

Gift
"Gift" means anything of value to the extent that a consideration of equal or greater value is not received.
Gift

"Gift" does not mean:

(A) Contributions as defined in ORS 260.005 (Definitions).

(B) Gifts from relatives or members of the household of the public official.

(C) An unsolicited token or award of appreciation in the form of a plaque, trophy, desk item, wall memento or similar item, with a resale value reasonably expected to be less than $25.

(D) Informational material, publications or subscriptions related to the recipient's performance of official duties.

(E) Admission provided to or the cost of food or beverage consumed by a public official, or a member of the household or staff of the public official when accompanying the public official, at a reception, meal or meeting held by an organization before whom the public official appears to speak or to answer questions as part of a scheduled program.

(F) Reasonable expenses paid by any unit of the federal government, a state or local government, a Native American tribe that is recognized by federal law or formally acknowledged by a state, a membership organization to which a public body as defined in ORS 174.109 (Public body defined) pays membership dues or a not-for-profit corporation that is tax exempt under section 501(c)(3) of the Internal Revenue Code and that receives less than five percent of its funding from for-profit organizations or entities, for attendance at a convention, fact-finding mission or trip, or other meeting if the public official is scheduled to deliver a speech, make a presentation, participate on a panel or represent state government as defined in ORS 174.111 (State government defined), a local government as defined in ORS 174.116 (Local government and local service district defined) or a special government body as defined in ORS 174.117 (Special government body defined).

(G) Contributions made to a legal expense trust fund established under ORS 244.209 (Application to establish fund) for the benefit of the public official.

(H) Reasonable food, travel or lodging expenses provided to a public official, a relative of the public official accompanying the public official, a member of the household of the public official accompanying the public official or a staff member of the public official accompanying the public official, when the public official is representing state government as defined in ORS 174.111 (State government defined), a local government as defined in ORS 174.116 (Local government and local service district defined) or a special government body as defined in ORS 174.117 (Special government body defined):

(i) On an officially sanctioned trade-promotion or fact-finding mission; or

(ii) In officially designated negotiations, or economic development activities, where receipt of the expenses is approved in advance.

(I) Food or beverage consumed by a public official acting in an official capacity:

(i) In association with the review, approval, execution of documents or closing of a borrowing, investment or other financial transaction, including any business agreement between state government as defined in ORS 174.111 (State government defined), a local government as defined in ORS 174.116 (Local government and local service district defined) or a special government body as defined in ORS 174.117 (Special government body defined) and a private entity or public body as defined in ORS 174.109 (Public body defined);

(ii) While engaged in due diligence research or presentations by the office of the State Treasurer related to an existing or proposed investment or borrowing; or

(iii) While engaged in a meeting of an advisory, governance or policy-making body of a corporation, partnership or other entity in which the office of the State Treasurer has invested moneys.

(J) Waiver or discount of registration expenses or materials provided to a public official at a continuing education event that the public official may attend to satisfy a professional licensing requirement.

(K) Expenses provided by one public official to another public official for travel inside this state to or from an event that bears a relationship to the receiving public official's office and at which the official participates in an official capacity.

(L) Food or beverage consumed by a public official at a reception where the food or beverage is provided as an incidental part of the reception and no cost is placed on the food or beverage.

(M) Entertainment provided to a public official or a relative or member of the household of the public official that is incidental to the main purpose of another event.

(N) Entertainment provided to a public official or a relative or member of the household of the public official where the public official is acting in an official capacity while representing state government as defined in ORS 174.111 (State government defined), a local government as defined in ORS 174.116 (Local government and local service district defined) or a special government body as defined in ORS 174.117 (Special government body defined) for a ceremonial purpose.

Gift

The transfer of anything of economic value, regardless of form, without an exchange of consideration of equal value. Gift does not include a transfer regulated by state law governing political campaigns or elections.

Gift

Material, including title, that is transferred, without compensation, from one party to another.

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About this term

Gift has been defined 4 different ways in documents like Code of Virginia, Oregon Revised Statutes (2007), Montgomery County Ethics Commission Financial Disclosure Glossary, and 1 more.

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