Louisiana House Bill HB778

Louisiana 2010 Regular Session

• Introduced: 3/29/10
• Refer: 3/29/10

Caption

Provides relative to qualifications, compensation, and benefits of, restrictions on, and disclosure requirements for the members of the Gaming Control Board (OR DECREASE SD EX See Note)

Impact

The changes introduced by HB778 are intended to ensure that the Gaming Control Board operates with greater transparency and accountability. By instituting financial disclosure requirements, the bill aims to minimize conflicts of interest among board members and reinforce ethical standards within the gaming regulatory framework. Furthermore, the elimination of regular salaries for board members could potentially attract individuals motivated by public service rather than financial gain, thereby aligning the board's operations with its regulatory mission.

Summary

House Bill 778 focuses on the Louisiana Gaming Control Board, amending existing statutes regarding the qualifications, compensation, and restrictions of its members. The bill aims to clarify the roles and obligations of board members, requiring them to file financial disclosures and removing certain salary provisions. It proposes that board members receive a per diem for meeting attendance instead of a regular salary, and it mandates the disclosure of specific financial information related to their professional and personal financial interests. The legislation is set to take effect on January 1, 2011.

Sentiment

The sentiment surrounding HB778 appears to be generally supportive among proponents who argue that the reforms will lead to a more ethical and accountable oversight of gaming activities within the state. However, there may be concerns expressed by some stakeholders regarding the adequacy of compensation for board members, as the reliance on per diem payments could dissuade qualified candidates from serving. Critics might question whether such a structure can effectively ensure that the Gaming Control Board retains experienced and engaged members.

Contention

Notable points of contention regarding HB778 may revolve around the proposed changes to member compensation and the implications for recruitment of qualified individuals. Some may argue that the elimination of a fixed salary may hinder the recruitment of talent to the board by discouraging individuals who depend on a stable income from applying. Additionally, there could be debates on the sufficiency of financial disclosures required under the bill and whether they will adequately mitigate potential conflicts of interest while supporting the board's intended regulatory functions.