House Bill No. by Representative Turner amends existing financial disclosure laws for members of boards and commissions in Louisiana. The bill specifically removes the requirement for immediate family members of these public servants to disclose certain financial information. It also eliminates the obligation for public servants to disclose loans from immediate family members, provided that those family members are not registered lobbyists or do not have contracts with the state. Additionally, the bill modifies the certification process for board members, removing the requirement to certify that no immediate family member has a conflict of interest related to their duties.

The proposed changes aim to simplify the financial disclosure process for public servants and their families, thereby reducing the administrative burden associated with compliance. By exempting immediate family members from disclosure requirements, the bill seeks to protect the privacy of these individuals while still maintaining transparency for the public servants themselves. Overall, the bill reflects a shift towards less stringent disclosure requirements in the context of financial ethics for public officials in Louisiana.

Statutes affected:
HB250 Original: 42:2(C)(9), 42:1(C)(7)