RDCSB87 362 4215
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
SB 87 Reengrossed 2015 Regular Session Perry
Present law (R.S. 42:1124.2.1) requires certain board and commission members to file a
financial disclosure statement with the Board of Ethics of each year during which the person
holds public office or position and year following the termination of the holding of such
office which statement shall include the information for the entire preceding calendar year,
except as specifically excepted.
Proposed law provides that for purposes of present law filing requirements, the term "board
and commission" shall not mean any board or commission that does not have the authority
to expend, disburse, or invest more than $50,000 of funds in a fiscal year and whose
members are not eligible to receive any compensation, per diem, or reimbursement of
expenses for service on the board or commission.
(Adds R.S. 42:1124.2.1(D)(1)(b)(vi))
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.
Senate Floor Amendments to engrossed bill
1. Requires 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 file financial statements.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on House and
Governmental Affairs to the reengrossed bill:
1. Remove language that exempted persons who do not receive or are not eligible
to receive compensation or per diem from the financial disclosure filing
requirement.
2. Remove language that required board and commission members with
expenditure authority of less than $50,000 in a fiscal year and who do not receive
or are not eligible to receive compensation or per diem to file financial disclosure
statements.
3. Add provision that term "board and commission" shall not mean any board or
commission that does not have the authority to expend, disburse, or invest more
than $50,000 of funds in a fiscal year and whose members are not eligible to
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receive any compensation, per diem, or reimbursement for service on the board
or commission.
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