Section 1-92-54 - Definition of directly and personally received for purposes of gift valuation(a) In determining the value of items exempt from the definition of gift, only items which are directly and personally received are to be considered. "Directly and personally received" means that the recipient accepted the opportunity to partake of or utilize the item. For example, if an individual attends a reception, the entire per person cost incurred by the donor to provide food or beverage shall be attributed to the attendee, regardless of the amount actually consumed unless the attendee declines to partake of any of the food or beverage offered.(b) In assessing the value of food or beverage provided at a reception or party, overhead costs such as in-house planning costs, invitations, rental fees, and decorations are not to be considered directly and personally received.(c) In order to avoid attribution of the value of any item, whether solicited or unsolicited, the recipient shall either return the item or reimburse the donor within thirty days. If a lobbyist financial report is due prior to thirty days and the recipient does not want to be reported, as required by section 1-96(b) or (e) of the Connecticut General Statutes, the reimbursement or return shall be done prior to the filing of the next required financial report.Conn. Agencies Regs. § 1-92-54
Effective June 16, 1993; Amended March 3, 1998; Amended January 2, 2008; amended 5/11/2023