8.7 - REPORTING OF GIFTS AND BEQUESTS RECEIVED. - Iowa Statutes

8.7 REPORTING OF GIFTS AND BEQUESTS RECEIVED. All gifts and bequests received by a department or accepted by the governor on behalf of the state shall be reported to the Iowa ethics and campaign disclosure board and the government oversight committees. The ethics and campaign disclosure board shall, by January 31 of each year, submit to the fiscal services division of the legislative services agency a written report listing all gifts and bequests received during the previous calendar year with a value over one thousand dollars and the purpose for each such gift or bequest. The submission shall also include a listing of all gifts and bequests received by a department from a person if the cumulative value of all gifts and bequests received by the department from the person during the previous calendar year exceeds one thousand dollars, and the ethics and campaign disclosure board shall include, if available, the purpose for each such gift or bequest. However, the reports on gifts or bequests filed by the state board of regents pursuant to section 8.44 shall be deemed sufficient to comply with the requirements of this section.          Section History: Recent Form 2005 Acts, ch 173, §27; 2008 Acts, ch 1191, §25 Referred to in § 22.7, 68B.22, 68B.32, 68B.32A, 68B.32B, 68B.32C, 68B.32D