Government Official Definition
Due to IRS regulations, no payments under the FINNOVATION Fellowship may be made to a government official. For these purposes, a “government official” includes the following:
Federal employees and officials:
An individual who holds an elective office in the executive or legislative branch, or an individual who has been presidentially appointed to an office in the executive or judicial branch.
An individual who holds a position in the executive, legislative or judicial branch of the federal government positions listed in Schedule C of Rule VI of the Civil Service Rules (positions of a confidential or policy-determining character that are exempt from competitive civil service examination, as determined by the Office of Personnel Management), or an individual who holds a position in the executive, legislative or judicial branch receiving compensation at or above the lowest rate of basic pay (excluding locality pay adjustments) for the Senior Executive Service GS 16.
An individual who holds a position in the United States House or Senate with annual compensation of $15,000 or more.
An individual who is a personal or executive assistant or secretary to any of the foregoing.
Tribal, state, and local employees and officials:
An individual who holds an elective or appointive public office in the executive, legislative or judicial branch with independent policymaking ability and annual compensation of $20,000 or more.
An individual who is a personal or executive assistant or secretary to any of the foregoing.