This bill amends the penalties associated with campaign finance violations in Louisiana, specifically regarding the failure to file timely and accurate financial reports. The daily penalty for candidates for district office and their associated political committee leaders is adjusted from a maximum of two thousand dollars to one thousand dollars, with a daily rate of sixty dollars. For candidates for all other offices, the daily penalty is reduced from a maximum of one thousand dollars to five hundred dollars, with a daily rate of forty dollars.

Additionally, the bill introduces a new provision that specifies the computation of days for assessing these penalties will exclude Saturdays, Sundays, and other legal holidays. This change aims to clarify the timeline for compliance and penalties, ensuring that candidates and their committees have a fair understanding of their obligations under the law.

Statutes affected:
HB740 Original: 18:4(A)(2)
HB740 Engrossed: 18:4(A)(2)
HB740 Enrolled: 18:4(A)(2)
HB740 Act : 18:4(A)(2)