Florida Files

State Representative, District 54

Paul Bybee

2025 Form 6 · qualifying copy filed with the Division of Elections · received 2026-06-12 · 5 pages (scanned, read by OCR)

Net worth$400,000
Income listed$93,260
Real estate$365,0002 properties
Debts listed$0
Worth a look1

Where listed income comes from

  • Other / unclassified 100% $93,260 · Green & Good LLC, Xtreme Research Corp

Worth a look 1

Worth a look Unusual reporting

Values Antiques at $20,000

Collectibles rarely have an established market price, and the form doesn't say how this value was reached. Assets must be reported at fair market value; this one is 5% of reported net worth.

What to check
  • Is there evidence of sales or appraisals at this value?
  • Would the net worth look different without it?

Rule: Hard-to-value asset
“Value each asset by its fair market value on the date used in the Net Worth section of this form.”2025 Form 6 instructions, Assets — How to Value ✓ quoted from the saved instructions · how this rule works

Context 3

Context Unusual reporting

All 4 asset values are round numbers

Every listed asset is valued in round thousands, which suggests estimates rather than statements or appraisals. That's allowed, but it makes the totals less precise.

What to check
  • Are bank or brokerage balances (which are exact) rounded too?

Rule: All values are round numbers

How this rule works

Context Unusual reporting

Net worth $400,000; listed items add up to $425,000

Reported net worth: $400,000. Household goods + listed assets − listed liabilities = $425,000. Net worth roughly equals the listed assets before debts — the debts may not have been subtracted.

What to check
  • No action needed unless other items look off.

Rule: Net worth vs. listed items
“Simply subtracting your liabilities from your assets will not result in an accurate net worth figure in most cases.”2025 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context Income & business ties

85% of listed income ($79,200) comes from Xtreme Research Corp

Listed income totals $93,260 from 2 sources. The largest is classed as other / unclassified.

What to check
  • Who is this source, and does it have business before the office sought?
  • If the filer owns it, check the business section and secondary income.

Rule: Where the money comes from
“List the name of each source of income that provided you with more than $1,000 of income during”2025 Form 6 instructions, Income ✓ quoted from the saved instructions · how this rule works

Where to look next

Some of what this filing reports stands out. These links open official public records, built from what the filer disclosed. They're searches you run yourself — results may include other people or companies with similar names.

Their campaign

Businesses they disclosed

Net worth

Net worth
As of
Household goods (lump sum)

Assets over $1,000 $400,000 listed

DescriptionValue

Liabilities over $1,000 $0 listed

Reported as “N/A”.

Joint and several liabilities not reported above

Reported as “N/A”.

Income $93,260 listed

Elected to attach federal tax return instead:

Primary sources

SourceAddressAmount

Secondary sources (major customers of businesses owned)

Reported as “N/A”.

Interests in specified businesses

Reported as “N/A”.

Signature

Signed by
Date

Source

Document
Open PDF · original source
Retrieved
2026-10-07T18:39:42+00:00
SHA-256
20c5d68ad2539ccfc0020d92772091d0cbcb5824180237c120e2f15add3ccd3f
Pages
p1 form6 · p2 form6 · p3 form6 · p4 form6 · p5 statement_of_candidate
Extraction
parser v0.5.2; 3 value(s) below 80% confidence

Other documents in the qualifying packet

  • 06/12/26 — Candidate Appt of Campaign Treasurer (not downloaded)
  • 06/12/26 — State Partisan Candidate Oath - WriteIn (not downloaded)
  • 06/12/26 — Financial Disclosure PDF (5p)
  • 06/12/26 — Statement of Candidate (not downloaded)
  • 06/15/26 — Acknowledgment Letter (not downloaded)
  • 06/22/26 — Pin/Password Reset Request (not downloaded)
  • 07/01/26 — Late Report Letter (not downloaded)
  • 08/26/26 — Withdrawal Letter (not downloaded)
  • 08/27/26 — Response to Withdrawal Letter (not downloaded)