SLS 15RS-317 ENGROSSED
2015 Regular Session
SENATE BILL NO. 87
BY SENATOR PERRY
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
ETHICS. Removes financial disclosure requirements for members of boards and
commissions that do not earn compensation or per diem. (8/1/15)
1 AN ACT
2 To amend and reenact the introductory paragraph of R.S. 42:1124.2.1(A), relative to
3 financial disclosure requirements of members of boards and commissions; to provide
4 an exception for members not receiving compensation or per diem; and to provide
5 for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. The introductory paragraph of R.S. 42:1124.2.1(A) is hereby amended and
8 reenacted to read as follows:
9 ยง1124.2.1. Financial disclosure; members of boards and commissions
10 A. Each of the following, except a person who is required to file a financial
11 statement pursuant to R.S. 42:1124 or 1124.2 or persons not receiving, or eligible
12 to receive, compensation or per diem, and serving as a member of a board or
13 commission that has an expenditure authority of less than fifty thousand
14 dollars, shall annually file a financial statement as provided in this Section:
15 * * *
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 87
SLS 15RS-317 ENGROSSED
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Ashley E. Menou.
DIGEST
SB 87 Engrossed 2015 Regular Session Perry
Present law requires members of boards and commissions to annually file a financial
disclosure statement to the Board of Ethics.
Proposed law exempts members of boards and commissions who do not receive or are
eligible to receive compensation or per diem from the financial disclosure filing requirement.
Proposed law exempts members of boards and commissions with expenditure authority of
less than $50,000 that do not receive or are eligible to receive compensation from the
financial disclosure filing requirement.
Effective August 1, 2015.
(Amends R.S. 42:1124.2.1(A)(intro para))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Senate and
Governmental Affairs to the original bill
1. Adds that members of boards and commissions must not be eligible to
receive compensation or per diem to be exempt from the personal financial
disclosure filing requirement.
2. Adds members of boards or commissions with expenditure authority of less
than $50,000 that do not receive or are eligible to receive compensation or
per diem to those persons exempt from the personal financial disclosure
filing requirement.
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.