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 requirement aligns with existing laws under 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 them to file the same financial disclosure, this existing filing will satisfy the new requirement. The language that previously indicated a candidate must file a statement specifically for the office they are seeking has been removed, streamlining the process for those already in compliance with financial disclosure obligations.

Statutes affected:
SB52 Original: 18:7(A)(1)
SB52 Engrossed: 18:7(A)(1)
SB52 Enrolled: 18:7(A)(1)
SB52 Act 285: 18:7(A)(1)