This bill amends R.S. 18:1495.7(A)(1) to clarify the requirements for candidates filing financial disclosure statements in Louisiana. It mandates that any individual who becomes a candidate for an office that requires financial disclosure must file a statement within three business days after the close of the qualifying period. The bill specifies that if the candidate already holds an office or position that necessitates filing the same disclosure, this existing filing will fulfill the requirements for the new candidacy.

The amendments include the addition of a new subsection (b) that outlines the conditions under which a candidate's existing financial disclosure filing can satisfy the new requirements. The language that previously required candidates to file a statement specifically for the office they are seeking has been deleted, streamlining the process for those already in positions that require similar disclosures.

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)