UPDATED w/ Councilwoman Pearce Response: In April 2019, Councilwoman Pearce Signs/Files "Statement of Economic Interests" Under Penalty Of Perjury Listing No Sources Of "Income, Loans, & Business Positions" In 2018; In July, She Files Amendment, Indicates She Received $5,000 - $50,000 From These Five Sources
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(July 11, 2019, 11:55 p.m., updated July 12, 8:05 a.m.) -- CA's Fair Political Practice's website states: "Every elected official and public employee who makes or influences governmental decisions is required to submit a Statement of Economic Interest, also known as the Form 700" which "provides transparency and ensures accountability in two ways: It provides necessary information to the public about an official’s personal financial interests to ensure that officials are making decisions in the best interest of the public and not enhancing their personal finances. [and] It serves as a reminder to the public official of potential conflicts of interest so the official can abstain from making or participating in governmental decisions that are deemed conflicts of interest."
The Long Beach City Clerk's office sent Councilwoman Jeannine Pearce a total of five notices, reminding her of her legal obligation to file the form with the FPPC by April 1.
On April 1, 2019, Councilwoman Jeannine Pearce filed a "Statement of Economic Interests" for 2018. The form, electronically signed by Councilwoman Pearce, stated: "I have used all reasonable diligence in preparing this statement. I have reviewed this statement and to the best of my knowledge the information contained herein and in any attached schedules is true and complete. I acknowledge this is a public document. I certify under penalty of perjury under the laws of the State of California that the foregoing is true and correct."
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Councilwoman Pearce's Form 700 listed no sources of "Income, Loans, & Business Positions" for her in 2018.
On July 10, 2019, Councilwoman Pearce filed an amendment to her Form 700, It lists five sources of income for her 2018:
Ntuk for LBCCD Trustee 2018
Business Activity; Campaign committee
Your Business Position: Independent Contractor
Gross Income Received [check box]: $1,000-$10,000
Villanueva for Los Angeles Sheriff 2018
Business Activity: Campaign committee
Your Business Position: Independent Contractor
Gross Income Received [check box]: $1,000-$10,000
Andolon & Associates (Los Angeles)
Business Activity: Political consulting
Your Business Position: Independent Contractor
Gross Income Received [check box]: $1,000-$10,000
DHS Verde, LLC (Los Angeles)
Business Activity: Retail cannabis
Your Business Position: Independent Contractor
Gross Income Received [check box]: $1,000-$10,000
Global Growth Investments (Los Angeles)
Business Activity: Retail cannabis
Your Business Position: Independent Contractor
Gross Income Received [check box]: $1,000-$10,000
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[July 12 update]: Responding to an LBREPORT.com inquiry [personal Facebook message] as to how/why she omitted entirely listing the five sources of income, loans and business positions for 2018 in her April 1, 2018 filing, Councilwoman Pearce replied via FB message:
[Councilwoman Pearce, 7:56 a.m., July 12] "My Form 700 was updated in full compliance with the law. As previously stated, I believed the reporting requirements were the 10k threshold, as I was a consultant. I have since hired counsel to advise me on these requirements to ensure full compliance moving forward." [end update]
An FPPC document, "Frequently Asked Questions: Form 700 Disclosure" states in pertinent part under "Enforcement Question":
Q. What is the penalty for not filing the Form 700 on time or not reporting all required economic interests?
A. A late fine of $10 per day up to a maximum of $100 may be assessed. In addition, if a matter is referred to the FPPC’s Enforcement Division for failure to file or failure to include all required economic interests, the fine may be substantially higher. If an individual does not pay a fine, the matter may be referred to the Franchise Tax Board for collection."
Developing.
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