Provides with respect to disclosure of certain information by members of boards or commissions

HB 250 Original 2026 Regular Session Turner

Abstract: Removes the requirement for immediate family members of certain public servants to disclose certain information and removes the requirement for certain public servants to disclose certain information about their immediate family members.

Present law (R.S. 42:1114) provides for the financial disclosure of public servants. Provides that each public servant and each member of his immediate family who derives any thing of economic value directly through any transaction involving an agency of such public servant is required to disclose certain information. Provides for when disclosure statements are required to be filed.

Proposed law retains present law and provides that the disclosure requirements provided for in present law shall not apply to a member of the immediate family of a member of a board or commission.

Present law (R.S. 42:1114.3) prohibits certain public officials and their immediate family members from entering into certain contracts after a gubernatorial disaster or emergency has been declared. Provides that present law does not apply after a certain amount of time after a gubernatorial disaster or emergency has been declared. Provides for what is not considered a contract for the purposes of present law. Requires certain public officials and their immediate family members to disclose any thing of economic value received through any contract which is related to a gubernatorial disaster or emergency. Provides for exceptions. Provides for the information that is required to be disclosed.

Proposed law retains present law and provides that the disclosure requirements provided for in present law shall not apply to a member of the immediate family of a member of a board or commission.

Present law (R.S. 42:1124.2) provides for the financial disclosure of certain elected officials, members of certain boards and commissions, and the ethics administrator. Provides for when financial statements are required to be filed. Provides for extensions and when financial statements are no longer required to be filed. Provides for the information required to be included within the financial statement. Provides certain categories for disclosure. Provides for the method of filing the financial statement. Further provides for the prohibition of transferring certain assets that are required to be disclosed for the purpose of avoiding disclosure.

Proposed law retains present law and removes the requirement to disclose a loan from an immediate family member if the immediate family member is a registered lobbyist, is employed by a registered lobbyist, employs a registered lobbyist, or has a contract with the state.

Present law (R.S. 42:1124.2.1) provides for the financial disclosure of members of boards and commissions. Provides for when financial statements are required to be filed. Provides for the information required to be included within the financial statement. Provides for definitions.

Proposed law retains present law and removes the requirement that a member of a board or commission certify that no member of his immediate family had a personal or financial interest in any entity, contract, or business or a personal or financial relationship that in any way posed a conflict of interest.

(Amends R.S. 42:1124.2(C)(9)(e) and 1124.2.1(C)(7)(a); Adds R.S. 42:1114(F) and 1114.3(F))