House Bill No. [insert number] enacts R.S. 42:1123(36), which allows public servants, their immediate family members, and legal entities in which they have a substantial economic interest to engage in advertising with governmental entities under specific conditions. The new provision stipulates that such transactions must be conducted without preference and under the same terms as those available to the general public. Additionally, the public servant must recuse themselves from any matters related to the transaction, and the value of the transaction must not exceed ten thousand dollars.

The bill also includes safeguards to prevent circumvention of the transaction limit by prohibiting individuals from entering into multiple transactions valued at ten thousand dollars or less as a means to bypass the established cap. The act will take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without signature, as outlined in the Louisiana Constitution.