SLS 12RS-3041 ENGROSSED 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. 754 (Substitute of Senate Bill No. 81 by Senator Mills) BY SENATOR MILLS ETHICS. Provides an exception to the provisions of law relative to ethical standards for public servants. (8/1/12) AN ACT1 To enact R.S. 42:1123(42), relative to the Code of Governmental Ethics; to provide for an2 exception to the provisions of law relative to ethical standards for public servants;3 to provide relative to a public servant doing business with a person who has a4 business relationship with the agency of the public servant under certain5 circumstances; and to provide for related matters.6 Be it enacted by the Legislature of Louisiana:7 Section 1. R.S. 42:1123(42) is hereby enacted to read as follows: 8 ยง1123. Exceptions9 This Part shall not preclude:10 * * *11 (42) Notwithstanding any other provision of law in this Part, an12 individual who serves on a port commission, or a related family member, or an13 entity in which the member has a substantial economic interest to a grain14 elevator owned by a port commission may contract for the sale of grain15 provided:16 (a) That the member complies with R.S. 42:1120.4, including matters17 SB NO. 754 SLS 12RS-3041 ENGROSSED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. related to the management and operations of the grain elevator.1 (b) The terms and conditions of the sale are the same or substantially the2 same as a sale to a non-member.3 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Lauren Bailey. DIGEST Mills (SB 754) Present law prohibits a public servant or a legal entity in which he exercises control or has an interest in excess of 25% from accepting anything of economic value, for services rendered, from a person who has a business relationship with the agency of the public servant. Proposed law provides an exception to present law for an individual who serves on a port commission, or a related family member, or an entity in which the member has a substantial economic interest to a grain elevator owned by a port commission may contract for the sale of grain if the member complies with R.S. 42:1120.4, including matters related to the management and operations of the grain elevator and the terms and conditions of the sale are the same or substantially the same as a sale to a non-member. Effective August 1, 2012. (Adds R.S. 42:1123(42)