- OGE >
- Ethics Guidance >
- DAEOgrams
May 10, 1994
DO-94-026
MEMORANDUM
TO: Designated Agency Ethics Officials and General Counsels
FROM: Stephen D. Potts
Director
SUBJECT: Reporting Period For Incumbent Public Financial
Disclosure Reports
For the incumbent SF 278 reports due May 15, 1994, the statute
and instructions to the form specify that the applicable reporting
period is generally the entire previous calendar year, 1993. There
are exceptions. For Schedule B (relating to transactions and
gifts) the reporting period does not include the portion of the
previous calendar year during which the filer was not a Government
employee. Further, for Schedule C Part II (relating to agreements
or arrangements) and Schedule D Part I (relating to positions) the
reporting period runs from the beginning of the preceding calendar
year until the date of filing.
Recently, however, questions have been raised concerning the
wording of 5 C.F.R. § 2634.308(a) (relating to reporting by
incumbents). The wording of that provision is unsatisfactory and
has at times been interpreted in a manner at variance with the
reporting period summary contained in the preceding paragraph. OGE
will revise section 308(a) so that it clearly reflects applicable
law.
During the interim period, and particularly in light of the
fast approach of May 15, we wish to lessen any inconvenience this
regulation may have caused any affected reporting individuals.
Accordingly, Designated Agency Ethics Officials are encouraged to
liberally grant a 45-day extension for filing to any reporting
individual who filed a new entrant report during 1993 and requests
an extension due to misunderstandings concerning the application of
rules relating to reporting periods for incumbent reports.
Alternatively, a reporting individual who filed a new entrant
report during 1993 may, for this reporting cycle, use a reporting
period that begins on the day following the date on which the
reporting period for the individual's new entrant report ended. A
report filed under this alternative, when read in conjunction with
the individual's new entrant report filed in 1993, will still
provide the required information for calendar year 1993, albeit in
a slightly different format. Further the May 15th filing must
clearly indicate in the "Calendar Year Covered" box on page 1 of
the form, the exact dates of the reporting period used.
In the case of this partial calendar-year alternative,
reviewing officials should examine the new entrant report in
conjunction with their review of the May 15th filing and those
requesting public access to that filing should, in addition, be
given notice that they might wish to request a copy of the new
entrant report, because both are needed to have financial
information covering the entire calendar year period.