Title 42. Public Officers and Employees

Chapter 15. Code of Governmental Ethics

Part II. Ethical Standards for Public Servants

42:1124.3         Financial disclosure; certain elected officials, voting districts of under five thousand

A. Each person holding a public office who represents a voting district having a population of fewer than five thousand and each member of the governing authority or management board of a charter school created pursuant to Chapter 42 of Title 17 of the Louisiana Revised Statutes of 1950, except any person who is required to file a financial statement by R.S. 42:1124, 1124.2, or 1124.2.1 shall annually file a financial statement as provided in this Section. 

B. (1) The financial statement required by this Section shall be filed by May fifteenth of each year during which the person holds an office included in Subsection A of this Section and, except as provided in Paragraph (2) of this Subsection, by May fifteenth of the year following the termination of the holding of such office. The financial statement shall include the information required by Subsection C of this Section for the preceding calendar year. 

(2) Notwithstanding the provisions of Paragraph (1) of this Subsection, if the holding of the office or position terminates in the month of January, the person shall not be required to file a financial statement pursuant to this Section in the year following the termination of the holding of the office or position if the person files a financial statement by May fifteenth of the year in which the holding of the office or position terminated containing the information required by Subsection C of this Section for the period in which the person held the office or position during that year. 

C. The financial statement required by this Section shall be filed on a form prescribed by the Board of Ethics and shall include the following information: 

(1)(a) Any and all income exceeding two hundred fifty dollars received during the immediately preceding calendar year by the individual who is required to file or the spouse of such individual which is received from any of the following: 

(i) The state or any political subdivision as defined in Article VI of the Constitution of Louisiana. 

(ii) Services performed for or in connection with a gaming interest as defined in R.S. 18:1505.2(L)(3)(a). 

(b) Any and all income exceeding two hundred fifty dollars received during the immediately preceding calendar year by any business in which the individual required to file or his spouse, individually or collectively, owns at least ten percent, which is received for services performed for or in connection with a gaming interest as defined in R.S. 18:1505.2(L)(3)(a). 

(c) Each contract entered into during the immediately preceding calendar year by any business in which the individual required to file or his spouse, individually or collectively, owns at least ten percent with the state or any political subdivision as defined in Article VI of the Constitution of Louisiana, 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. 

(2) A certification that such individual has filed his federal and state income tax return, or has filed for an extension of time for filing such tax return. 

(3) The full name and mailing address of the individual who is required to file. 

(4) The full name of the individual’s spouse, if any, and the spouse’s occupation and principal business address. 

(5) The name of the employer, job title, and a brief job description of each full-time or part-time employment held by the individual or spouse. 

D. For purposes of this Section, the following words shall have the following meanings: 

(1) “Business” and “income” shall have the same meanings as provided in R.S. 42:1124. 

(2) “Public office” shall have the same meaning as provided in R.S. 18:1483. 

Added by Acts 2008, 1st Ex.Sess., No. 1, § 2, eff. Jan. 1, 2010. Amended by Acts 2008, No. 472, § 2, eff. Jan. 1, 2010; Acts 2010, No. 786, § 1; Acts 2012, No. 574, § 2, eff. Jan. 1, 2013; Acts 2014, No. 744, § 2; Acts 2016, No. 559, § 1, eff. Jan. 1, 2017.