ENROLLED
ACT No. 223
2024 Regular Session
HOUSE BILL NO. 503
BY REPRESENTATIVE CARLSON
1 AN ACT
2 To amend and reenact R.S. 42:1113(B) and (C), relative to prohibited transactions; to apply
3 certain prohibitions on transactions with a public servant's agency when those public
4 servants and related persons have a substantial economic interest; to provide for an
5 effective date; and to provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 42:1113(B) and (C) are hereby amended and reenacted to read as
8 follows:
9 ยง1113. Prohibited contractual arrangements; exceptions; reports
10 * * *
11 B. Other than a legislator, no appointed member of any board or
12 commission, member of his immediate family, or legal entity in which he has a
13 substantial economic interest shall bid on or enter into or be in any way interested
14 have a substantial economic interest in any contract, subcontract, or other transaction
15 which is under the supervision or jurisdiction of the agency of such appointed
16 member.
17 C. No legislator, member of his immediate family, or legal entity in which
18 he has a controlling interest shall bid on or enter into or be in any way interested
19 have a substantial economic interest in any contract, subcontract, or other transaction
20 involving the legislator's agency.
21 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 503 ENROLLED
1 Section 2. This Act shall become effective upon signature by the governor or, if not
2 signed by the governor, upon expiration of the time for bills to become law without signature
3 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
4 vetoed by the governor and subsequently approved by the legislature, this Act shall become
5 effective on the day following such approval.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.