Current through Register Vol. 54, No. 49, December 7, 2024
(a) Each creditor to whom is owed in excess of $6,500 or the amount as adjusted under 65 Pa.C.S. § 1105(d) (relating to statement of financial interests) and § 19.5 (relating to reporting threshold adjustments) shall be reported.(b) Mortgages, home equity loans or other loans secured by a primary or secondary residence of the person filing need not be reported.(c) A joint obligation with other persons, for which the filer is responsible only for a proportional share that is less than the reporting threshold, is not required to be reported.(d) The joint obligation of a husband and wife shall be reported if within the reporting threshold.(e) An obligation within the reporting threshold for which a person acts as a guarantor for the person required to file shall be reported.(f) Loans or credit between the person required to file and the person's spouse, parents, children, brothers or sisters are excluded.(g) No dollar amounts are required.(h) The interest rate for a reportable obligation shall be indicated.(i) A reportable creditor shall be identified by name and address.The provisions of this § 17.3 amended June 8, 2001, effective 6/9/2001, 31 Pa.B. 2925.The provisions of this § 17.3 amended under the Public Official and Employee Ethics Act, 65 Pa.C.S. §§ 1105(b) and 1107(1).
This section cited in 51 Pa. Code § 19.5 (relating to reporting threshold adjustments).