A. All elected judges shall annually file a financial statement as provided in this Section. The financial statement required by this Section shall be filed by May 15th of each year during which the person holds an office or position included in Section 1, and by May 15th of the year following the termination of the holding of such office or position. B. The financial statement required by this Section may be filed within thirty days after the individual files his or her federal tax return for the year on which he or she is reporting, taking into consideration any extensions filed by the individual, provided that the individual notifies the Office of the Judicial Administrator, Supreme Court of Louisiana, in writing prior to the deadline provided in Subsection (A) of this Section of his or her intention to do so. C. The financial statement required by this Section shall be filed on a form prescribed by the Office of the Judicial Administrator, Supreme Court of Louisiana, and approved by the Court, and shall include the following information for the preceding calendar year: (1) The full name and office address of the individual who is required to file. (2) The full name of the individual's spouse, if any, and the spouse's occupation.(3) The name of the employer, job title, and a brief job description of each full-time or part-time employment position held by the individual and/or spouse. (4)(a) The name, address, brief description of, and nature of association with and the amount of interest in each business in which the individual or spouse is a director, officer, owner, partner, member, or trustee, and in which the individual or spouse, either individually or collectively, owns an interest which exceeds ten percent of that business.(b) The name, address, brief description of, and nature of association with a nonprofit organization in which the individual or spouse is a director or officer.(5)(a)(i) The name, address, type, and amount of each source of income received by the individual or spouse, or by any business in which the individual or spouse, either individually or collectively, owns an interest which exceeds ten percent of that business, which is received from any of the following: | (aa) The state or any political subdivision as defined in Article VI of the Constitution of Louisiana. |
| (bb) Services performed for or in connection with a gaming interest as defined in R. S. 18:1505.2(L)(3)(a). |
(ii) Notwithstanding the provisions of Subsection D of this Section, amounts reported pursuant to this Subparagraph shall be reported by specific amount rather than by category of value.(b) The name of any employer which provides income to the individual or spouse pursuant to the full-time or part-time employment of the individual or spouse, including a brief description of the nature of the services rendered pursuant to such employment and the amount of such income, excluding information required to be reported pursuant to Subparagraph (5)(a) of this Subsection.(c) The name and address of all businesses which provide income to the individual or spouse, including a brief description of the nature of services rendered for each business or of the reason such income was received, and the aggregate amount of such income, excluding information required to be reported pursuant to Subparagraph (5)(a) or (b) of this Subsection.(d) A description of the type of any other income, exceeding one thousand dollars received by the individual or spouse, including a brief description of the nature of the services rendered for the income or the reason such income was received, and the amount of income, excluding information required to be reported pursuant to Subparagraphs (5)(a), (b), or (c) of this Subsection.(6) A brief description, fair market value or use value as determined by the assessor for purposes of ad valorem taxes, and the location by state and parish or county of each parcel of immovable property in which the individual or spouse, either individually or collectively, has an interest, provided that the fair market value or use value as determined by the assessor for purposes of ad valorem taxes for such parcel of immovable property exceeds two thousand dollars.(7) The name and a brief description of each investment security having a value exceeding five thousand dollars held by the individual or spouse, excluding variable annuities, variable life insurance, variable universal life insurance, whole life insurance, any other life insurance product, mutual funds, education investment accounts, retirement investment accounts (including state retirement plans, deferred retirement option plan (DROP) accounts, 401K retirement accounts, individual retirement accounts (IRAs) and deferred compensation accounts), government bonds, and cash or cash equivalent investments. This Paragraph shall not be deemed to require disclosure of information concerning any property held and administered for any person other than the individual or spouse under a trust, tutorship, curatorship or other custodial instrument.(8) A brief description, amount and date of any purchase or sale by the individual or spouse, in excess of five thousand dollars, of any immovable property and of any personally owned tax credit certificates, stocks, bonds, or commodities futures, including any option to acquire or dispose of any immovable property or of any personally owned tax credit certificates, stocks, bonds, or commodities futures. This Paragraph shall not be deemed to require disclosure of information concerning variable annuities, variable life insurance, variable universal life insurance, whole life insurance, any other life insurance product, mutual funds, education investment accounts, retirement investment accounts (including state retirement plans, deferred retirement option plan (DROP) accounts, 401K retirement accounts, individual retirement accounts (IRAs) and deferred compensation accounts), government bonds, cash or cash equivalent investments. (9) The name and address of each creditor, and name of each guarantor, if any, to whom the individual or spouse owes any liability which exceeds ten thousand dollars on the last day of the reporting period excluding: (a) Any loan secured by movable property, if such loan does not exceed the purchase price of the movable property which secures it. (b) Any liability, secured or unsecured, which is guaranteed by the individual or spouse for a business in which the individual or spouse owns any interest, provided that the liability is in the name of the business and, if the liability is a loan, that the individual or spouse does not use proceeds from the loan for personal use unrelated to the business.(c) Any loan by a licensed financial institution which loans money in the ordinary course of business.(d) Any liability resulting from a consumer credit transaction as defined in R. S. 9:3516(13).(e) Any loan from an immediate family member, unless such family member is a registered lobbyist, or his or her principal or employer is a registered lobbyist, or he or she employs or is a principal of a registered lobbyist, or unless such family member has a contract with the state.(10) A certification that such individual has filed his or her federal and state income tax returns, or has filed for an extension of time for filing such tax returns.(11) For judges serving on boards or commissions whose members are required to file a financial disclosure form pursuant to R.S. 1142.2.1, the following additional information: (a) A certification that neither the individual nor any 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 which affected the impartial performance of the individual's duties as a member of the board or commission; or(b) A statement describing each conflict and any action the individual has taken to resolve or avoid the conflict.D. When an amount is required to be disclosed pursuant to this Section, it shall be sufficient to report the amount by the following categories: (a) Category I, less than $5,000. (b) Category II, $5,000-$24,999. (c) Category III, $25,000-$100,000.(d) Category IV, more than $100,000.E. The financial statement shall be filed with the Office of the Judicial Administrator, Supreme Court of Louisiana, and shall be accompanied by the affidavit of the individual filing it certifying that the information contained in the financial statement is true and correct to the best of his or her knowledge, information, and belief. The financial statement shall be a matter of public record and shall be subject to public inspection and copying.F.(1) For purposes of this Section, an individual or spouse shall not transfer any asset, interest, or liability required to be disclosed pursuant to this Section to any person or business for the purpose of avoiding disclosure, unless such transfer is irrevocable. A transfer shall not be irrevocable if there exists any contract, letter, counter letter, note, or any other legally enforceable agreement or authority which if exercised or enforced would require or authorize any asset, interest, or liability transferred by an individual or spouse to a person or business to revert back to such individual or spouse.(2)(a) The sale of property subject to owner financing shall not be a transfer prohibited by Paragraph (1) of this Subsection provided that the income from the sale is disclosed in accordance with the provisions of this Section.(b) A recorded bond for deed contract shall not be a transfer prohibited by Paragraph (1) of this subsection. G. For purposes of this Section, the following words shall have the following meanings: (1) "Business" means any corporation, limited liability company, partnership, sole proprietorship, firm, enterprise, franchise, association, business, organization, self-employed individual, holding company, trust, or any other legal entity or person.(2)(a) "Income" for a business shall mean gross income less both of the following: (b) "Income" for an individual shall mean taxable income and shall not include any income received pursuant to a life insurance policy. Notwithstanding the foregoing, the gross amount of an individual's judicial salary shall be reported. [Amended effective February 24, 2011]H. Nothing in this Section shall require the disclosure or reporting of income derived from child support and alimony payments contained in a court order or from the reporting or disclosure of income derived from disability payments from any source.Amended effective 4/3/2018; amended effective 3/20/2019.