Louisiana 2014 2014 Regular Session

Louisiana Senate Bill SB270 Comm Sub / Analysis

                    Amedee (SB 270)	Act No. 744
Prior law required candidates qualifying for an election to file a personal financial statement
disclosure report.
New 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.
Prior law required public servants other than legislators to file income disclosures for state
or political subdivision contracts by May first.  	New law changes the due date of income
disclosures for public servants other than legislator to May 15
th
.
Prior law required Tier 1, 2, and 2.1 personal financial disclosures to include filer's and
spouse's name, address, and employment information. New 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))