The original instrument was prepared by Ashley Menou. The following digest,
which does not constitute a part of the legislative instrument, was prepared by
Linda Nugent.
DIGEST
Amedee (SB 270)
Present law requires candidates qualifying for an election to file a personal financial statement
disclosure report.
Proposed law provides that candidates qualifying for an election prior to April 15
th
do not have to
certify on the personal financial disclosure report that they have filed their federal or state income
tax returns or filed for an extension for the prior year.
Present law requires public servants other than legislators to file income disclosures for state or
political subdivision contracts by May first.
Proposed law changes the due date of income disclosures for public servants other than legislator
to May 15
th
.
Present law requires Tier 1, 2, and 2.1 personal financial disclosures to include filer's and
spouse's name, address, and employment information.
Proposed law adds required information to the Tier 3 personal financial disclosures regarding the
filer's name, address, and employment and any spouse's name, occupation, and principal business
address.
Effective August 1, 2014.
(Amends R.S. 18:1495.7(A) and R.S. 42:1114(C)(1) and (E); adds R.S. 42:1124.3(C)(3), (4), and
(5))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Senate and Governmental
Affairs to the original bill
1. Changes April reporting date for certifying personal financial disclosure forms to May.
Senate Floor Amendments to engrossed bill
1. Provides that a person becoming a candidate prior to April 15 does not have to
certify on his personal financial disclosure report that he has filed his income tax
returns or filed for an extension for the prior year.
2. Clarifies that the required address of a spouse of a Tier 3 individual filer is a
principal business address.