HLS 16RS-2066 ENGROSSED
2016 Regular Session
HOUSE BILL NO. 965
BY REPRESENTATIVE ROBERT JOHNSON
ETHICS/FINANCIAL DISCLOS: Provides relative to the disclosure of information
regarding certain contracts with the state or political subdivisions for the purposes
of Tier 3 annual financial disclosure statements
1 AN ACT
2To amend and reenact R.S. 42:1124.3(C)(1), relative to financial disclosure; to change
3 certain disclosure requirements regarding business income from the state or political
4 subdivisions; to require certain specified information regarding contracts with certain
5 businesses and the state or political subdivisions; and to provide for related matters.
6Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 42:1124.3(C)(1) is hereby amended and reenacted to read as follows:
8 §1124.3. Financial disclosure; certain elected officials, voting districts of under five
9 thousand
10 * * *
11 C. The financial statement required by this Section shall be filed on a form
12 prescribed by the Board of Ethics and shall include the following information:
13 (1)(a) Any and all income exceeding two hundred fifty dollars received
14 during the immediately preceding calendar year by the individual who is required to
15 file, or the spouse of such individual, or any business in which such individual or his
16 spouse, individually or collectively, owns at least ten percent, which is received from
17 any of the following:
18 (a)(i) The state or any political subdivision as defined in Article VI of the
19 Constitution of Louisiana.
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HB NO. 965
1 (b)(ii) Services performed for or in connection with a gaming interest as
2 defined in R.S. 18:1505.2(L)(3)(a).
3 (b) Any and all income exceeding two hundred fifty dollars received during
4 the immediately preceding calendar year by any business in which the individual
5 required to file or his spouse, individually or collectively, owns at least ten percent,
6 which is received for services performed for or in connection with a gaming interest
7 as defined in R.S. 18:1505.2(L)(3)(a).
8 (c) Each contract entered into during the immediately preceding calendar
9 year by any business in which the individual required to file or his spouse,
10 individually or collectively, owns at least ten percent with the state or any political
11 subdivision as defined in Article VI of the Constitution of Louisiana, including the
12 amount or value of the contract, the duration of the contract, and a description of the
13 goods or services provided or to be provided pursuant to the contract.
14 * * *
15 Section 2. This Act shall become effective on January 1, 2017.
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)]
HB 965 Engrossed 2016 Regular Session Robert Johnson
Abstract: For Tier 3 financial disclosure filers, removes disclosure requirement of business
income from the state or a political subdivision and instead requires the disclosure
of each contract entered into by any business in which the filer or his spouse owns
at least 10% with the state or a political subdivision, including the amount or value
of the contract, the duration of the contract, and a description of the goods or services
provided or to be provided pursuant to the contract.
Present law (R.S. 42:1124.3–ethics code) regarding Tier 3 annual financial disclosure,
requires the annual filing of a financial statement by specified officials, including each
person holding a public office who represents a voting district having a population of fewer
than 5,000 persons and each member of a governing authority or management board of a
charter school.
Present law requires the financial statement to contain specified information, including
specific amounts, as to income received during the immediately preceding calendar year by
the individual or his spouse or any business in which such individual or his spouse,
individually or collectively, owns at least 10%, from the state, a political subdivision, or
certain gaming interests, a certification that such individual has filed his federal and state
income tax returns or has filed for an extension of time for filing such tax returns, the full
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HB NO. 965
name and address of the individual required to file, the full name of the spouse and the
spouse's occupation and principal business address, and the name of the employer, job title,
and brief job description of each employment held by the individual or spouse.
Proposed law removes the requirement that income received from the state or political
subdivision by a business in which such individual or his spouse, individually or
collectively, owns at least 10% be reported and instead requires the reporting of each such
contract entered into by any business in which the individual required to file or his spouse,
individually or collectively, owns at least 10%, with the state or political subdivision,
including the amount or value of the contract, the duration of the contract, and a description
of the goods or services provided or to be provided pursuant to the contract and otherwise
retains present law.
Effective January 1, 2017.
(Amends R.S. 42:1124.3(C)(1))
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