The bill amends R.S. 18:1495.7(A)(1) to clarify the requirements for candidates filing financial disclosure statements in Louisiana. It stipulates that any individual who becomes a candidate for an office that mandates financial disclosure must file a statement within three business days after the close of the qualifying period. This filing is in accordance with the existing laws outlined in R.S. 42:1124, 1124.2, or 1124.3.

Additionally, the bill introduces a provision that if a candidate already holds an office or position that requires the same financial disclosure, their existing filing will satisfy the requirements for the new candidacy. This change aims to streamline the process for candidates who are already compliant with financial disclosure obligations, thereby reducing redundancy in filing.

Statutes affected:
HB72 Original: 18:7(A)(1)
HB72 Engrossed: 18:7(A)(1)
HB72 Enrolled: 18:7(A)(1)
HB72 Act : 18:7(A)(1)