SB 495 — ELECTION CODE: Provides for campaign finance disclosures. (8/1/26)

(b) No person shall willfully and knowingly participate in or conspire to participateinPage a3 plan, scheme, or design to misrepresenthimself or anycommittee or organization under his control or under the control of any19 otherCoding: participant in the plan, scheme, or design as speaking, writing, or otherwise acting for or on behalf of any candidate, political committee, or political party, or any employee or agent thereof.

(c) A radio or television broadcaster who broadcasts a paid political announcement or advertisement, the content of which the broadcaster had no input in or control over, is not subject to the provisions of this Paragraph.

(5)ForpurposesofParagraph(2)ofthisSubsection,theterm"electioneering communication" means anybroadcast, cable, or satellite communication that refers to a legally qualified candidate for elected office and is broadcast within sixty days before any election in which such candidate is on the ballot.

* * * E.(1) No person shall cause to be distributed or transmitted for or on behalf of a candidate for political office any oral, visual, digital, or written material constituting a paid political announcement or advertisement, which is paid for by a third-partyentity, without providingthe nameofthethird-partyentityon the faceof theadvertisement.Thenameofthethird-partyentityshallbeincludedonwrittenand digital material, political announcements, and advertisements so that it is clear and understandable.

(2) The name of the third-party entity in visual and oral political announcements or advertisements shall be included so that it is clearly Page 4 of 20 Coding:

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495 understandableENROLLED asparticipate wellin a plan, scheme,or design to misrepresenthimself or anycommittee or organization under his control or under the control of any other participant in the plan, scheme, or design as audiblespeaking, andwriting, visibleor otherwise acting for notor lesson thanbehalf threeof seconds.any candidate, political committee, or political party, or any employee or agent thereof.

If(c) theA advertisementradio isor placedtelevision byabroadcaster publicwho relationsbroadcasts firm,a advertisingpaid agency,political mediaannouncement buyer, or otheradvertisement, personthe whocontent purchasesof mediawhich advertisingthe orbroadcaster timehad orno spaceinput forin suchor advertising,control suchover, personis shallnot providesubject to the informationprovisions requiredof bythisthis Section.Paragraph.

(3)(5)(4) InFor digitalpurposes announcementsof orParagraph advertisements,(2) theof namethis ofSubsection, the third-partyterm entity"electioneering shallcommunication" appearmeans inany abroadcast, textcable, sizedor atsatellite leastcommunication asthat largerefers asto the smallest text in the digital material or in a headinglegally orqualified similarcandidate sectionfor ofelected textoffice displayedand aboveis orbroadcast within thesixty digitaldays materialbefore thatany iselection visuallyin distinctwhich fromsuch thecandidate remainderis ofon the digitalballot. material's textandshallhaveareasonabledegreeofcolorcontrastbetweenthebackgroundand the name of the third-partyentity.

(4) For the purposes of this Subsection, "person" means any individual, partnership,association,laborunion,politicalcommittee,corporation,orotherlegal entity, including its subsidiaries.

(5)(2)(a) A media entity who broadcasts a paid political announcement or advertisement, the content of which the broadcaster has no input in or control over, is not subject to the provisions of this Subsection.

(b)ForpurposesofthisSubsection,amediaentityincludesaradiobroadcast station, television broadcast station, cable or satellite television company, or other video service provider, streaming video provider, newspaper company, periodical company, billboard company, advertisement agency, or media platform responsible for the production or publication of any advertisement, voice, data, or other communications,informationservices,orinternetaccessprovider,orbonafidenews or public interest website operator.

As used in this Subsection, the term "media entity" includes a radiobroadcaststation,televisionbroadcaststation,cableorsatellitetelevision Pagecompany,orothervideoserviceprovider,streamingvideoprovider,newspaper 5company, periodical company, billboard company, advertisement agency, or media platform responsible for the production or publication of 20any Coding:advertisement, voice, data, or other communications, information services, or internet accessprovider, or bona fide news orpublic interestwebsite operator.

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SLS 26RS-1499 REENGROSSED SB NO.

495 company,orothervideoserviceprovider,streamingvideoprovider,newspaper company, periodical company, billboard company, advertisement agency, or media platform responsible for the production or publication of any advertisement, voice, data, or other communications, information services, or internet accessprovider,or bona fide news or public interestwebsite operator.

* * * (7)(a) "Contribution", except as otherwise provided in this Chapter, means aPage gift,4 conveyance, payment, or deposit of money19 orCoding: anything of value, or the forgiveness of a loan or of a debt made to anyof the following:

*Words * * (vi) Any recognized political party which receivesare contributionsstruck inthrough anare aggregatedeletions amountfrom ofexisting onelaw; thousand dollars within any calendar year.

words in boldface type and underscored are additions.

SB NO.

495 ENROLLED a gift, conveyance, payment, or deposit of money or anything of value, or the forgiveness of a loan or of a debt made directly or through a joint fundraising agreement to any of the following:

* * * (vi) A recognized political party that receives contributions in an aggregate amount of one thousand dollars within any calendar year.

the donation by any person, other than a candidate or a political committee, of the services of paid employees, the value of which services exceeds fifty two hundred dollars, such valuetovalue betheto be the amount paidpaidforsuchservices;thedonation forof, or the donation of the right to use, any item of tangible property when the same is used or consumed and notexchangedorconvertedto cashortheequivalentofcashandwhentheaccepting candidate, the chairman of the accepting political committee, or accepting person required to file reports under this Chapter and the treasurer of such services;recipient, if any, determines that its value or the use value, when only the right of use is given, exceeds fifty two hundred dollars and such determination shall be prima facie evidence of the correctness of the valuation of the item or of the use value when applicable.

theIn donationaddition, of,successive ordonations thedonationofthemade rightby to use, any item of tangible property when the same isperson, usedwhich ordonations consumedindividually andare notvalued exchangedorconvertedtobelow cashortheequivalentofcashandwhentheacceptingfifty candidate,two thehundred chairmandollars ofbut thewhich acceptingtogether politicalexceed committee,such oramount, acceptingshall personbe requireddeemed to filebe reportsin-kind undercontributions this Chapter and theshall treasurerbe ofaggregated suchfor recipient,purposes ifof any, determines that its value or the userequirements value, when only the right of usethis isChapter. given, exceeds fifty two hundred dollars and such determination shall be prima facie Page 6 of 20 Coding:

* * * (10) "Election" means any party primary, second party primary, primary, general, special, or other election held, pursuant to the laws of this state or a parish or municipal charter or ordinance or a court order, to choose a public officer or nominee.

For purposes of the reporting requirements for the support or opposition of a proposition or question submitted to the voters, "election" shall also mean any Page 5 of 19 Coding:

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495 evidenceENROLLED ofprimary, general, or special election, except local option elections held pursuant to the correctnessprovisions of theChapter valuation3 of Title 26 of the itemLouisiana orRevised Statutes of 1950, at which a proposition or question is submitted to the usevoters valuein whenaccordance applicable.with Chapters 6-A, 6-B, and 6-C of this Code.

In addition, successive donations made by the same person, which donations individually are valued below fifty two hundred dollars but which together exceed such amount, shall be deemed to be in-kind contributions and shall be aggregated for purposes of the requirements of this Chapter.

* * * (10) "Election" means any party primary, second party primary, primary, general, special, or other election held, pursuant to thelaws of this state or a parish or municipal charter or ordinance or a court order, to choose a public officer or nominee.

For purposes of the reporting requirements for the support or opposition of a proposition or question submitted to the voters, "election" shall also mean any partyprimary,secondpartyprimary,primary,general,orspecialelection,except local option elections held pursuant to the provisions of Chapter 3 of Title 26 of the Louisiana Revised Statutes of 1950, at which a proposition or question is submitted to the voters in accordance with Chapters 6-A, 6-B, and 6-C of this Code.

* * * (ii)Expendituresin-kindwhichhaveanattributablemonetaryvalueinexcess of fifty two hundred dollars, made for any of the purposes stated in this Paragraph totoa a committee.

Expendituresin-kindExpenditures in-kind shall includewithoutinclude without limitation:

thethedonation donation byanyperson, candidate, or committee of the services of paid employees, the value of which services exceeds fifty two hundred dollars, such value to be the amount paid for such services;

the donation of, or the donation of the right to use, any item of tangible property when the same is used or consumed and not exchanged or converted to cash or the equivalent of cash and when the donating candidate, the chairman of the donating committee, or the donating person required to file reports underthisChapter,andthecampaigntreasurerofsuchdonor,ifany,determinesthat its value or the use value, when only the right to use is given, exceeds fifty two Pagehundred 7dollars and such determination shall be prima facie evidence of 20the Coding:correctnessofthevaluationoftheitemortheusevaluewhenapplicable.Inaddition, successive donations made to the same person, candidate or committee in which donations individually are valued below fifty two hundred dollars but which together exceed such amount, shall be deemed to be in-kind expenditures and shall be aggregated for purposes of the requirements of this Chapter.

* * * (d) "Expenditure" shall not include:

(i) Personal services provided voluntarily by any person without compensation or byanyperson who is employed by a candidate for purposes other thansolelycampaign purposes bythereportingcandidate,byapartnershipofwhich he the candidate is a member, or bya corporation of which he the candidate owns Page 6 of 19 Coding:

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495 hundredENROLLED dollarsa andmajority such determination shall be prima facie evidence of the correctnessofthevaluationoftheitemortheusevaluewhenapplicable.Inaddition,stock. successive donations made to the same person, candidate or committee in which donations individually are valued below fifty two hundred dollars but which together exceed such amount, shall be deemed to be in-kind expenditures and shall be aggregated for purposes of the requirements of this Chapter.

* * * (d)(vi) "Expenditure"Any shallcommunication notover include:the internet, except for express advocacy communications placed or promoted for a fee on another person's website, digital device, application, or advertising platform.

(i)A Personalcommunication servicesis providedpromotedforafeeifapaymentismadetoawebsite,digitaldevice,application, voluntarily by any person without compensation or byanypersonadvertising whoplatform isin employedorder byto aincrease candidate for purposes other thansolelycampaign purposes bythereportingcandidate,byapartnershipofwhich he the candidatecirculation, isprominence, a member, or byaavailabilityofthecommunicationonthatwebsite,digitaldevice,application,or corporationadvertising ofplatform. which he the candidate owns a majority of the stock.

* * * (vi)Anycommunicationsovertheinternet,exceptfordisbursementsfor express advocacy communications placed or promoted for a fee on another person's website, digital device, application, or advertising platform.

A communication is promoted for a fee where a payment is made to a website, digital device, application, or advertising platform in order to increase the circulation, prominence, or availability of the communication on that website, digital device, application, or advertising platform.

* * * (d) With regard to a person who solicits or receives any contribution or makes any expenditure in support of or in opposition to a proposition or question submitted tothevoters,to thatthe saidvoters,thatsaidpersonsolicited person solicited or receiveda contribution ormadeor Pagemade 8an expenditure of 20two Coding:hundred fifty dollars or more.

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SLS 26RS-1499 REENGROSSED SB NO.

495 an expenditure of two hundred fifty dollars or more.

(a) In the case of anysingle transaction involving the sale of raffle tickets or paraphernaliawhichisforanamountnot in excessoffiftytwohundreddollarsandexcessoffiftytwohundred dollarsand theproceedsofwhicharereceivedanddepositedbyapoliticalcommittee,norecord needPage be7 keptof by19 theCoding: treasurer for such recipient committee, except the total amount received and deposited from such sale and the fact that such amount was received from such sale.

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SB NO.

495 ENROLLED need be kept by the treasurer for such recipient committee, except the total amount received and deposited from such sale and the fact that such amount was received from such sale.

reporting times and periods * * * D.(1) If the final report of a committee for an election, as required by Paragraph (B)(5), (6), or (7) of this Section, or the most recent monthly report of suchsuchcommitteepursuantto committeepursuantto Subsection Iofthis SectionshowsaSectionshows a deficit or a surplus, the chairman and treasurer of the committee, if any, shall file supplemental reports with the supervisorycommittee of all information required in R.S.

The report on surplus funds shall disclose the disbursement Pageof 9such offunds 20in Coding:the same manner as expenditures are reported.

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

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495 of such funds in the same manner as expenditures are reported.

However, if the committeeisdissolvedanditsdeficitisequaltoorgreaterthanfivethousanddollars, the committee shall file supplemental reports with the supervisorysupervisorycommittee committee of all information required in R.S.

(b) However, if after five years a committee with a deficit receives any contribution or if any repayment occurs on an outstanding debt or loan, such committee shall file a supplemental report bythe following Februarytwenty-eighth March fifteenth which shall be complete through the preceding December thirty-first.Page 8 of 19 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SB NO.

495 ENROLLED thirty-first.

The provisions of this Section shall not apply to reports filed by a leadership committee or aby gubernatorialthe transitionelected orgovernor inauguration.pursuant to R.S.

18:1501.3.

contents * * * PageB.EachreportrequiredtobeinconformitywiththisSectionshallcontainthe 10following ofinformation: 20 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

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495 B.EachreportrequiredtobeinconformitywiththisSectionshallcontainthe following information:

(a) The full name and address of each person who has made one or more contributions,exceptcontributionsintheformofapayrollcontributions, deductionorduescheck-exceptcontributions in theformofapayrolldeductionorduescheck- off system, to and which have been received and accepted by the committee during thethereportingperiod,andwhosecontributionorcontributionshaveanaggregate reporting period, whose contribution or contributions have an aggregate amount or value in excess of two hundred dollars within the calendar year;

Page 9 of 19 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SB NO.

495 ENROLLED (b) The full name and address of each person who has made one or more contributions in the form of a payroll deduction or dues check-off system in excess of twenty-five dollars in the aggregate in a calendar year to and which have been receivedandacceptedbythecommitteeduringthereportingperiod,andthedateand amount of each contribution.

In the case of a political committee that supports multiple candidates or issues and receives over ten thousand contributions in the form of a payroll deduction or dues check-off system when no single contributor contributes in excess of fifty two hundred dollars in the aggregate in a calendar year,suchcommitteemayelect to report the names andaddressesofitscontributors onanannualbasis.Politicalcommitteesmakingthiselectionshalllistthenamesand addresses of its contributors, the total amount of the contributions received per contributor,andthescheduleofthereceiptofsuchcontributionsontheannualreport due by February twenty-eighth March fifteenth complete through the preceding December thirty-first.

however, single transactions to purchase raffle tickets which are not in excess of fifty two hundred dollars must be reported only in the report of gross proceedsandshall notberequiredtobereportedasprovidedin Paragraph(4)ofthis Page 1110 of 2019 Coding:

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495 excessENROLLED of fifty two hundred dollars must be reported only in the report of gross proceedsandshall not berequiredto bereportedasprovidedinParagraph(4)ofthis Subsection.

* * * (8)Anyothercashreceipts,notcontributions,receivedfromanyothersource not included above during the reporting period, for example, refunds of overpayments or excess contributions, refunds for services or goods, interest on cashbalances,cashinvestmentincome,andthenature,source,andanexplanation thereof.

* * * §1491.9.Joint fundraising;

joint fundraisingrepresentativeorcommittee;authority, requirements, and prohibitions * * * C.Theparticipantsshalldesignateajointfundraisingrepresentativepursuant to one of the following:

* * * (2)Theparticipantsmaydesignatea political committee to serve as the joint fundraising representative, referred to in this Section as a "joint fundraising committee".Ajointfundraisingcommitteeshallreportallcontributionsmadetothe joint fundraisingeffortas contributions to the joint fundraising committee and shall report the distribution of proceeds pursuant to this Section as expenditures made to the participants pursuant to R.S.

18:1491.6, 1491.6.1, and 1491.7.

Each participant shall report the amounts received from the joint fundraising committee as contributionsfromeachcontributor.Thejointfundraisingcommitteechairmanshall be responsible for all duties of the joint fundraising representative provided for in this Section.

Within ten days following the execution of the joint fundraising agreement,thejointfundraisingcommitteeshallfileastatementoforganizationwith the supervisory committee as provided in R.S.

18:1491.1.

valuation of in-kind contributions and expenditures * * * B.(1)Page *11 *of *19 (2)Coding: Payments made to purchase raffle tickets or campaign paraphernalia, other than expenditures made by a candidate for his own paraphernalia, and paymentsforticketstotestimonialsandsimilarfundraisingeventsarecontributions, and records thereof shall be maintained, provided that:

(a)Words In the case of anysingle transaction involving the sale of raffle tickets or paraphernaliawhichisforanamountnot in excessoffiftytwohundred dollarsand the proceeds of which are receivedstruck andthrough depositedare byadeletions candidate, no record need be kept bythe campaign treasurerfor such recipient candidate,except the total amount received and deposited from suchexisting salelaw; and the fact that such amount was received from such sale.

words in boldface type and underscored are additions.

SB NO.

495 ENROLLED B.(1) * * * (2) Payments made to purchase raffle tickets or campaign paraphernalia, other than expenditures made by a candidate for his own paraphernalia, and paymentsforticketstotestimonialsandsimilarfundraisingeventsarecontributions, and records thereof shall be maintained, provided that:

(a) In the case of anysingle transaction involving the sale of raffle tickets or paraphernaliawhichisforanamountnot in excessoffiftytwohundred dollarsand the proceeds of which are received and deposited bya candidate, no record need be kept bythe campaign treasurerfor such recipient candidate, except the total amount received and deposited from such sale and the fact that such amount was received from such sale.

Such a supplementalreportshallbefiledeachyearuntilareporthasbeenfiledwhichshows nodeficitanduntilanysurpluscampaignfundshavebeendisposedofinaccordance Pagewith 12R.S. of 20 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SLS 26RS-1499 REENGROSSED SB NO.

495 with R.S.

* * * (3)(a)A report need not be filed under this Subsection if the candidatecandidateis is not an elected public official and shows either a deficit or a surplus of less than five thousand dollars.

However, if the candidate is not an elected public official and his deficitorsurplusis equalto orgreaterthanfivethousanddollars,thecandidateshall filesupplementalreportswiththesupervisorycommitteeofallinformationrequired inPage R.S.12 of 19 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SB NO.

495 ENROLLED in R.S.

SuchreportSuch shallreportshall be filed annuallyno later than Februarytwenty- eighth March fifteenth and shall be complete through the preceding December thirty-first.

Page* 13* of* 20(5)(a) Coding:The gross proceeds received and accepted bythe candidate during the reporting period from the sale of paraphernalia.

Purchases of such campaign paraphernalia which are made bythe same person and which are of such amount as to bereportable,eithersinglyorin theaggregate,asrequiredin Paragraph(4)ofthis Subsection, shall besoreported;however,single transactions to purchasecampaign items or materials which are not in excess of fifty two hundred dollars must be reportedonlyin the report of gross proceedsand shall not be required to be reported as provided in Paragraph (4) of this Subsection.

Page 13 of 19 Coding:

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495 *ENROLLED *(b) * (5)(a) The gross proceeds received and accepted bytheby the candidate during the reporting period from the sale of paraphernalia.raffle tickets.

Purchases of such campaign paraphernalia which are made by the same person and which are of such amount as to bereportable,eithersinglyorin theaggregate,asrequiredin Paragraph(4)ofthis Subsection, shall be soreported;however,singletransactionsto purchasecampaign items or materials which are not in excess of fifty two hundred dollars must be reportedonlyin the report of gross proceeds and shall not be requiredto be reported as provided in Paragraph (4) of this Subsection.

(b) The gross proceeds received and accepted by the candidate during the reporting period from the sale of raffle tickets.

however, single transactions to purchase raffle tickets which are not in excess of fifty two hundred dollars must be reported only in the report of gross proceedsandshall notberequiredtobereportedasprovidedinnot Paragraph(4)ofthisberequiredto bereportedasprovidedinParagraph(4)ofthis Subsection.

* * * (7) Any other cash receipts, not contributions, from any other source not included above during the reporting period, for example, refunds of overpayments orexcesscontributions,refundsforservicesorgoods,interestoncashbalances, cash investment income, and the nature, source, and an explanation thereof.

certain prohibitions and limitations * * * B.(1) * * * Page(2) 14Any single transaction involving the sale of 20paraphernalia, Coding:in which the transactionisfornotinexcessoffiftytwohundred dollarsandinwhichtransaction the purchaser is not known, shall not be deemed to constitute an anonymous contribution under the provisions of this Subsection.

* * * Page 14 of 19 Coding:

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495 (2)ENROLLED AnyH.(1)(a) single* transaction* involving* * * * (c)NotwithstandingtheprovisionsofSubparagraph(a)ofthisParagraph,the contribution limit for contributions made to an unsuccessful majorofficecandidate, or the saleprincipal campaign committee and any subsidiary committee of paraphernalia,such inunsuccessful whichcandidate, thewho transactionisfornotinexcessoffiftytwohundreddollarsandinwhichtransactiondoes not participate in the purchasergeneral iselection, notor known,a shallparty primary candidate who does not beparticipate deemedin toeither constitutethe ansecond anonymousparty contributionprimary, underprimary, or general election and for the provisionstime ofperiod thisfor Subsection.which such candidate has a deficitforexpendituresmadethroughthedayoftheprimaryelectionorclosedparty primary, shall be twenty-four thousand dollars.

(2)(a) * * * H.(1)(a)(e) *Notwithstanding *the *provisions *of *Paragraph *(1) (c)NotwithstandingtheprovisionsofSubparagraph(a)ofthisParagraph,theof this Subsection and Subparagraph (a) of this Paragraph, the contributions contribution limit for contributions madetoanbyleadership committeesorpolitical committeesto an unsuccessful major officecandidate,office candidate, or the principal campaign committee and any subsidiary committee of such unsuccessful candidate, who does not participate in the general election,election,; or a party primary candidate who does not participate in either the second party primary, primary, or general election and for the time period for which such candidate has a deficitforexpendituresmadethroughthedayoftheprimaryelectionorclosedparty primary, shall be twenty-four thousand dollars.

(2)(a)NotwithstandingtheprovisionsofParagraph(1)ofthisSubsection,theor followinga contributionpartyprimarycandidate limitswho aredoes establishednot forparticipate contributionsin byeither politicalthe committeessecond orparty leadershipprimary, committeesprimary, supporting or opposinggeneral aelection; candidate for the following offices:

*and *for *the (c)Ifthecontributionismadetoaleadershipcommittee,politicalcommittee,time orperiod independentfor expenditure-only committee which issuch supportingcandidatehasadeficitforexpendituresmadethroughthedayoftheprimaryelection or opposingclosed candidatesparty forprimary, differentshall offices,be thetwenty-four highestthousand applicabledollars. limit shall apply.

* * * (e)(3)(a)(i) Notwithstanding* the* provisions* of* Paragraph* (1)* of(iii) thisFor Subsectionpurposes and Subparagraph (a) of this Paragraph,Subsection, thefor contributionscandidates limit for contributionsa byprimary individuals,principalcampaigncommittees,leadershipcommittees,orpoliticalparty committeesprimary tooffice, anprincipal unsuccessfulcampaign majorcommittees, officepolitical candidate,committees, orand independentexpenditure-onlycommitteesthatparticipateinasecondpartyprimary, the principalreporting campaignperiod committeefor andthe subsidiarysecond committeeparty ofprimary suchelection unsuccessfulshall candidate,be whodeemed doesto notbegin Pagethe 15day offollowing 20the Coding:primary election.

* * * (b)Nopersonshall make a loan,transferoffunds,orcontribution, including Page 15 of 19 Coding:

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495 participateENROLLED but not limited to funds for any purchase of campaign materials for more than fifty two hundred dollars, funds for the purchase of testimonial tickets, and anyin-kind contribution, in the generalaggregate election,;for all reporting periods for an election, as defined in this Paragraph, including reporting periods for any supplemental reports required, in excess of the contribution limits established in Paragraphs (1) and (2) of this Subsection, except as otherwise specificallyprovided in this Subsection.

(c) No candidate including his principal campaign committee or subsidiary committee thereof or leadership committee, shall accept from thesame contributor a partyloan, primarytransfer candidateof whofunds, doesor contribution, including but not participatelimited to funds for any purchase of campaign materials for more than fifty two hundred dollars, funds for thepurchaseoftestimonialtickets,andanyin-kindcontribution,intheaggregatefor all reportingperiods of an election, as definedin this Paragraph, including reporting periodsforanysupplementalreports,inexcessofthecontributionlimits established in eitherParagraph(1)ofthis Subsection, except as otherwise specificallyprovidedin this Subsection, and except that the secondprovisions partyof primary,Paragraph primary,(2) orshall generalapply election;for contributionsacceptedfromaleadershipcommittee,politicalcommittee,orprincipal campaign committee.

and for thetimeperiodforwhichsuchcandidatehasadeficitforexpendituresmadethrough the day of the primary election or closed party primary, shall be twenty-four thousand dollars.

* * * (3)(a)(i) * * * * * * (c) No candidate including his principal campaign committee or subsidiary committee thereof or leadership committee, shall accept from the same contributor a loan, transfer of funds, or contribution, including but not limited to funds for any purchase of campaign materials for more than fifty two hundred dollars, funds for thepurchaseoftestimonialtickets,andanyin-kindcontribution,intheaggregatefor allreportingperiodsof an election, as defined in this Paragraph, includingreporting periodsforanysupplementalreports,inexcessofthecontributionlimits established in Paragraph (1) ofthis Subsection, exceptas otherwisespecificallyprovidedin this Subsection, and except that the provisions of Paragraph (2) shall apply for contributionsacceptedfromaleadershipcommittee,politicalcommittee,orprincipal campaign committee.

* * * I.(1)(a)I.(1)(a)Contributionsreceivedbyacandidateorcommitteemaybeexpended Contributions received bya candidate or committee, directly or by joint fundraising agreement, may be expended for any lawful purpose related to anyanyof of the following:

* * * (b)(i)Inaddition(b)(i)InadditiontothepermittedexpendituresprovidedinSubparagraph(a) tothepermittedexpendituresprovidedinSubparagraph(a) of this Paragraph, contributions received by a candidate or a candidate's principal campaigncommittee,oranysubsidiarycommitteethereof,mayalsobeexpendedfor any lawful purpose related to anyof the following:

* * * (cc) Contributions to another candidate's principal campaign committee, to a political committee, or to a leadership committee, to an independent- expenditure-only committee, or to a recognized political party of a parish Page 16 of 2019 Coding:

SLS 26RS-1499 REENGROSSED SB NO.

495 *ENROLLED * * (cc) Contributions, directly or by joint fundraising agreement, to another candidate'sprincipalcampaigncommittee,toapoliticalcommittee,ortoaleadership committee, to an independent-expenditure-only committee, to a recognized political party of a parish executive committee,committee. or to a recognized party legislative delegation.

* * * (c)(i)(iii) *Excess *Surplus *campaign (iii)contributions Forfunds purposesreceived ofby thisa Subparagraph,candidate useor ofa fundscandidate's byprincipal acampaign leadership committee toand replace,not repair,expended orduring cleana articlesparty lost,primary, stolen,second soiled,party primary, primary, or damagedgeneral election maybe maintained in connectiona withsegregated thefund operationsor a fund of the leadershipcandidate's principal campaign committee orfor theuse holdingin offuture publicpolitical officecampaigns, activity related to preparing for future candidacy to elective office, or partypositionfor byany thelawful publicpurpose officerprovided shallfor notin bethis consideredSubparagraph personaland use.Subparagraph (a) of this Paragraph.

Any excess surplus campaign contributions received from a contributor deposited in or transferred to a segregated fund shall not be considered as a contribution from the contributor for the calculation of the amount contributed by the contributor to the candidate for the candidate's next election campaign, such that the limits on contributions calculated for each contributor under this Section shall remain separately applicable for each separate election.

(c)(i) * * * (iii) For purposes of this Subparagraph, use of funds by a leadership committee to replace, repair, or clean articles lost, stolen, soiled, or damaged in connection with the operations of the leadership committee or the holding of public office or partyposition by the public officer shall not be considered personal use.

(ii) Reasonable costs of security measures for a candidate, elected official, memberPage 17 of their19 family,Coding: or campaign employees, including, but not limited to:

* * * (cc) Security personnel, and services, and related transportation that are bona fide, legitimate, and professional.

(dd) Cybersecurity software, devices, and services.

* * * (v) Reasonable costs to replace or repair articles lost, stolen, or damaged in Page 17 of 20 Coding:

SLS 26RS-1499 REENGROSSED SB NO.

495 connectionENROLLED withmember theof campaign or to clean articles when required due to their usefamily, inor connectioncampaign withemployees, theincluding, campaignbut ornot holdinglimited publicto: office.

* * * (cc) Security personnel and, services, and related transportation that are bona fide, legitimate, and professional.

* * * (v) Reasonable costs to replace or repair articles lost, stolen, or damaged in connection with the campaign or to clean articles when required due to their use in connection with the campaign or holding public office.

Designation and attribution of contributions A.(1) A candidatemayreceivecontributions designateddesignatedin in writing for useinuse in connection with any election in a single election cycle, whether a party primary election, a second party primary election, primary election, or general election.

* * * G.(1) * * * (2) A candidate may request that designateredesignate all or part of a contribution designated for a certain election be redesignated for a different election if the contribution, eitheron itsfaceorwhenaggregatedwithits faceorwhenaggregatedwith othercontributions fromthe samecontributorforthesameelection,exceedsthecontributionslimitationprovidedPage in18 R.S.of 19 Coding:

18:1505.2(H).

* * * Page 18 of 20 Coding:

SLS 26RS-1499 REENGROSSED SB NO.

495 TheENROLLED originalsamecontributorforthesameelection,exceedsthecontributionslimitationprovided instrumentin andR.S. the following digest, which constitutes no part of the legislative instrument, were prepared bySenate Legislative Services.

The18:1505.2(H). keyword, summary, and digest do not constitute part of the law or proof or indicia of legislative intent.

[R.S.* * * §1505.4.

1:13(B)Civil andpenalties; 24:177(E)] DIGEST SB 495 Reengrossed 2026 Regular Session Kleinpeter Presentlawprovidesforreportingofreceiptsandexpendituresinvolvingcampaignfinance.

Proposedlawdefines"contribution"forpurposesofcampaignfinance,toincludethatmadefailure to afile; parish executive committee or a recognized partylegislative delegation which receives contributions in an aggregate amount in excess of $5,000 within any calendar year or any amount received by a gubernatorial transition or inauguration.

Proposedtimely lawand providesaccurate afiling; Section wide exception for media entities that broadcast paid political announcements or advertisements, in which the broadcaster has had no input or controlovertheannouncementoradvertisement.Proposedlawfurtherprovidesadefinition for what qualifies as a media entityunder the provision.

Proposedforfeiture lawA. provides that "expenditure" includes any communications over the internet, except for disbursements for express advocacy communications placed or promoted for a feeonanotherperson'swebsite,digitaldevice,application,oradvertisingplatform.Provides that a communication is promoted for a fee where a payment is made to a website, digital device,application,oradvertisingplatforminordertoincreasethecirculation,prominence, or availability of the communication on that website, digital device, application, or advertising platform.

Present* law* requires* that(2)(a) reportsThe of records involving payments to purchase raffle tickets or paraphernalia, other than expenditures made bya committee for its own paraphernalia, and payments for tickets to testimonials and similar fundraising events are contributions maintained,providedthatnoreportisrequiredastoanysingletransactioninvolvingthesale of raffle tickets or paraphernalia which is for an amount not in excess of $50such andpenaltymay thebe: proceeds of which are received and deposited by a political committee, no record need be kept by the treasurer for the recipient committee, except the total amount received and deposited from the sale and the fact that the amount was received from the sale.

Proposed(i) lawOne retainshundred thesedollars provisionsper butday, increasesnot to exceed two thousand five hundred dollars, for each candidate for major office and, any treasurer or chairman of any committee designated as a principal campaign committee or subsidiary committee of such a candidate, and the $50elected amountgovernor tofor $200.a gubernatorial transition or inauguration.

Proposed* law* provides* that§1505.5. as to certain reports filed with the supervisory committee the streetnumberandstreetnameofindividualcontributorsisnottobemadepubliclyavailable in any manner, including but not limited to disclosure on any governmental websites or in response to public records requests under the Public Records Law.

ProposedCivil lawpenalties; changes certain reporting dates from February 28th to March 15th.

Presentlawprovidesthatcertainreportrequirementsnotapplytothosefiledbyaleadershipviolation committee.of Chapter * * * B.

ProposedThe lawamount retainsof presentsuch lawpenalty butshall includesbe: reports filed by a gubernatorial transition or inauguration.

Proposed(1)Notinexcessoffivehundreddollarsforeachcandidateforamajoroffice lawand, providesanytreasureror thatchairmanofanycommitteedesignatedas thea governorprincipal orcampaign gubernatorialcommittee transitionor andsubsidiary inaugurationcommittee haveof notsuch dutytofileastatementoforganization,astatementofdissolution,a ortocandidate, maintaincertainand recordsthe toelected filegovernor certainfor reportsa listedgubernatorial intransition proposedor law.inauguration.

Effective* August* 1,* 2026.Section 2.

PageR.S. 19 of 20 Coding:

Words18:1491.7(B)(22) whichis arehereby struckrepealed. through are deletions from existing law;

wordsSection in3. boldface type and underscored are additions.

SLSThe 26RS-1499provisions REENGROSSEDof SBthis NO.Act shall become effective on January 1, 2027.

495PRESIDENT (AmendsOF R.S.THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED:

18:1463(C)Page and19 (E),of 1483(7)(b)(i),19 (10),Coding: (11)(b)(ii), (11)(d)(i), R.S.

18:1583(21)(b) and (d)(intro para), 1491.5(B)(2)(a), 1491.6(D)(1), (D)(3)(a) and (b), the introductory paragraph of R.S.

18:1491.6(E), (E)(1), (J), 1491.7(B)(4)(a), (B)(5), 1495.3(B)(2)(a), 1495.4(D)(1), (D)(3)(a) and (b), R.S.

18:1495.4(E)(intro para), (E)(1), 1495.5(B)(5), 1501.3(C), 1505.2(B)(2), (H)(1)(c), (H)(2)(c) and (e), 1505.2(H)(3)(c), R.S.

18:1505.2(I)(1)(a)(intro para), 1505.2(I)(1)(b)(i)(cc), (I)(1)(c)(iii), (I)(2)(a)(i)(dd), (I)(2)(a)(ii)(cc), (I)(2)(a)(v), (I)(7), 1505.2.1(A)(1) and (G)(2);

adds R.S.

18:1463(H) and 1483(7)(a)(vi) and (11)(d)(vi)) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Senate and Governmental Affairs to the original bill 1.

Provides an ethics exception involving political materials that covers media entities that broadcasts a paid political announcement or advertisement, in which the broadcasterhas had no input or control over the announcement or advertisement.

2.

Removedchanges to definitions for candidate, committee,contribution, and coordinated expenditures.

3.

Increasescertaincontributionlimitsfrom$50to$200throughoutinstrument.

4.

Removedchangestodefinitionofindependentexpenditure-onlycommittee, independent expenditure, leadership committee, loan, primary purpose, electioneering communication, and political committee.

5.

Moved reporting deadlines from February 28th to March 15th throughout instrument.

6.

Removed changes involving small campaigns.

7.

Changed gubernatorial transition deadlines to March 15th.

8.

Changescontributionlimitsforcontributionsmadetoanunsuccessfulmajor office candidate or the principal campaign committee from $25,000 to $24,000.

9.

Provides for a judgment ordering new elections.

10.

Provides relative to contributions limits for a person.

11.

Removed changes to subsection pertaining to how a contribution may be redesignated.

Summary of Amendments Adopted by Senate Senate Floor Amendments to engrossed bill 1.

Technical.

2.

Removed deletion of existing law related to contributions that includes any person for the purpose of funding an expenditure to support or oppose a proposition or question submitted to the voters.

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