How is the value of a gift calculated?
The total market value (including fees and service charges) of the item, service, or hospitality offered to the public office holder for free, or at a discount, must be taken into account.
For tickets to events, the market value is the face value amount plus any fees and service charges that any member of the public would pay for the ticket.
For events where food, beverages, entertainment, or other hospitality will be provided, lobbyists must determine the value of what is offered to each public office holder invited to the event by taking into account the total cost of the event (including venue rental costs, food/catering costs, bar/beverage costs, service costs, music or entertainment costs, transportation costs, and any 7 other costs involved in hosting g the event) and then dividing that total cost by the total number of people invited to attend.