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 set at forty dollars, with a new maximum of five hundred dollars, replacing the previous limit of one thousand dollars.

Additionally, the bill introduces a new provision that clarifies the computation of days for assessing these penalties, stating that Saturdays, Sundays, and other legal holidays will not be included in the calculation. This change aims to provide clearer guidelines for both candidates and their committees regarding the timing of penalties for campaign finance violations.

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)