This 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 disclosures must file a statement within three business days after the close of the qualifying period. The bill emphasizes that if the candidate already holds an office or position that requires the same financial disclosure, their existing filing will satisfy the requirements for the new candidacy.

The amendments include the addition of a new subsection (b) that specifies the conditions under which a candidate's existing financial disclosure filing can fulfill the requirements for their candidacy. The language that previously required candidates to file a statement specifically for the office they are seeking has been removed, 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)