Louisiana 2012 2012 Regular Session

Louisiana Senate Bill SB504 Introduced / Bill

                    SLS 12RS-753	ORIGINAL
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2012
SENATE BILL NO. 504
BY SENATOR CLAITOR 
ETHICS.  Permits certain contracts between higher education institutions and faculty,
research, and athletic staff. (8/1/12)
AN ACT1
To amend and reenact R.S. 42:1123(10)(b), relative to the Code of Governmental Ethics; to2
permit certain contracts between higher education institutions and faculty, research,3
and athletic staff; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 42:1123(10)(b) is hereby amended and reenacted to read as follows:6
ยง1123. Exceptions7
This Part shall not preclude:8
*          *          *9
(10) *          *          *10
(b) A contract between an institution of higher education and a member of11
its faculty, research staff, or athletic coaching staff or a legal entity in which such12
employee has a substantial economic interest, regarding the disposition of any patent,13
copyright, licensing right, or royalty which is attached to a discovery, technique, or14
technology resulting from the research done by such employe e in the course of his15
employment with at the institution, or regarding an activity related to or resulting16
from the athletic coaching or research activity of such employee conducted in the17 SB NO. 504
SLS 12RS-753	ORIGINAL
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
course of his employment with conducted at the institution.1
*          *          *2
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Lauren Bailey.
DIGEST
Present law provides that no public servant is allowed to participate in a transaction in which
he has a personal substantial economic interest of which he may be reasonably expected to
know involving the public servant's governmental entity.
Present law provides an exception to the prohibition for a contract between an institution of
higher education and a member of its faculty, research staff, or athletic coaching staff or a
legal entity in which such employee has a substantial economic interest, regarding the
disposition of any patent, copyright, licensing right, or royalty which is attached to a
discovery, technique, or technology resulting from the research done by such employee in
the course of his employme nt with the institution, or regarding an activity related to or
resulting from the athletic coaching or research activity of such employee conducted in the
course of his employment with 	the institution.
Proposed law retains present law but deletes the reference to individual employees in the
course of their employment making the exception apply to research done at the institution.
Effective August 1, 2012.
(Amends R.S. 42:1123(10)(b))