South Carolina Code 8-13-710. Reporting of particular gifts received by public employee, official, or member on statement of economic interests
(B) A public official, public member, or public employee required to file a statement of economic interests under § 8-13-1110 who receives, accepts, or takes, directly or indirectly, from a person, anything of value worth twenty-five dollars or more in a day and anything of value worth two hundred dollars or more in the aggregate in a calendar year must report on his statement of economic interests pursuant to § 8-13-1120 the thing of value from:
Terms Used In South Carolina Code 8-13-710
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
(1) a person, if there is reason to believe the donor would not give the thing of value but for the public official’s public member’s, or public employee’s office or position;
(2) a person, or from an officer or director of a person, if the public official, public member, or public employee has reason to believe the person:
(a) has or is seeking to obtain contractual or other business or financial relationships with the public official’s, public member’s, or public employee’s governmental entity;
(b) conducts operations or activities which are regulated by the public official’s, public member’s, or public employee’s governmental entity.
(C) Nothing in this section requires a public official, public member, or public employee to report a gift from a parent, grandparent, or relative to a child, grandchild, or other immediate family member for love and affection.