States of Disclosure

Published — June 25, 2009

Louisiana: Legislative financial disclosure ranking

Introduction

CommentE-mail

Louisiana

Rank: 1 | Points: 94.5 | Grade: A

Ethics Administration Program

Question Answer Points Notes
Requires financial disclosure filing? Yes 1
Requires complete financial disclosure filing (no update)? Yes 1
Requires financial disclosure filing annually? Yes 1
Requires complete financial disclosure filing for candidates? Yes 1 Change from 2006: Candidates now required to complete financial disclosure form.
Employment information required? Yes 5
Employment information not narrowly defined? Yes 5 Change from 2006: Filers now required to report all full-time and part-time positions.
Employer/business name required? Yes 5
Employment job title required? Yes 2 Change from 2006: Filers now required to report job titles.
Employer description required? No 0
Value range/income amount required? Yes 5
Spouse employment information required and clear? Yes 5
Officer/director information required? Yes 4 Change from 2006: Filers now required to disclose all officer and director positions.
Officer/director information not narrowly defined? Yes 4
Officer/director entity name required? Yes 4
Officer/director entity description required? Yes 2
Spouse officer/director information required and clear? Yes 4
Investment information required? Yes 3
Investment information not narrowly defined? Yes 3 Change from 2006: Filers now required to report all investments exceeding $5,000.
Investment entity name required? Yes 3
Investment entity description required? Yes 1 Change from 2006: Half point awarded because a business description is required for Schedule B, but not for Schedule I.
Investment value range/holding amount required? Yes 1.5 Change from 2006: Half points awarded because filers not required to provide value or amount of investment securities.
Spouse investment information required and clear? Yes 3 Change from 2006: Filers now required to report real-property information.
Client information required? Yes 2 Change from 2006: Filers now required to report income from businesses and a description of services rendered.
Client name required? Yes 2
Client value range/income amount required? Yes 2
Spouse client information required and clear? Yes 2
Real-property information required? Yes 2 Change from 2006: Filers now required to report real-property information.
Real-property information not narrowly defined? Yes 2
Real-property value range/amount required? Yes 2
Spouse real-property information required and clear? Yes 2
Spouse name required? Yes 2 Change from 2006: Filers now required to disclose names of spouses.
Dependent name required? No 0
Financial disclosure filings in central office? Yes 1
Lawmakers not forwarded reviewer information? Yes 1
In-person appearance not required to obtain filings? Yes 1
Copy fees less than 50 cents per page? Yes 1
Blank disclosure form available on Web? Yes 1 Change from 2006: Blank disclosure form now available on the Web.
Disclosure filings available electronically or on the Web in any format? Yes 3 Filings available online.
Late-filing penalties on the books? Yes 1
Misfiling penalties on the books? Yes 1
State has auditing authority? Yes 1
State routinely reviews filings for accuracy and completeness either through formal audit process or informal review process? Yes 1
State published list of delinquent filers on Web or in printed document? Yes 1 Change from 2006: List of delinquent filers available on the Web.

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