What types of interest must be disclosed?
Under state law, a principal investigator must disclose income received from the research sponsor by the investigator (or the investigator’s spouse/domestic partner or dependent child) of $500 or more, investments held by the same parties of $2,000 or more, loans with a balance of $500 or more, gifts valued at $50 or more, and travel costs advanced or reimbursed by the sponsor for travel outside of California (this includes travel to mandatory investigator’s meetings). For federally funded projects, principal investigators and key personnel must disclose “significant financial interests” that are related to the subject of the research or that could be affected by the research. Under University policy, key personnel also must disclose significant financial interests in the private sponsor of research involving human subjects. Federal regulations define “significant financial interest” as income of $10,000 or more, or an equity interest of 5% or more or one that is worth $10,000 or more.
Under state law, a principal investigator must disclose income received from the research sponsor by the investigator (or the investigator’s spouse/domestic partner or dependent child) of $500 or more, investments held by the same parties of $2,000 or more, loans with a balance of $500 or more, gifts valued at $50 or more, and travel costs advanced or reimbursed by the sponsor for travel outside of California (this includes travel to mandatory investigator’s meetings). For federally funded projects and privately-sponsored projects involving human subjects, principal investigators and key personnel must disclose “significant financial interests” that are related to the subject of the research or that could be affected by the research. Federal regulations define “significant financial interest” as income of $10,000 or more, or an equity interest of 5% or more or one that is worth $10,000 or more.
