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 other offices, the maximum penalty is reduced from 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 penalties and ensure that candidates are not unfairly penalized due to non-business days.

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)