House Bill No. by Representative Tarver enacts a new provision under R.S. 42:1123(36) that allows public servants, their immediate family members, and legal entities in which they have a substantial economic interest to engage in advertising transactions with governmental entities, provided certain conditions are met. These conditions include the requirement for the public servant to recuse themselves from any matters related to the transaction, ensuring that the terms are comparable to those available to non-public servants, conducting the transaction without preferential treatment, and limiting the transaction value to no more than ten thousand dollars. Additionally, the bill prohibits individuals from circumventing this limit by entering into multiple transactions valued at ten thousand dollars or less.

The bill is set to take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without signature. If the governor vetoes the bill and it is later approved by the legislature, it will become effective the day after that approval.