RS 24:53.2

331 words·~2 min read·/la/title-24/24-284

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RS 24:53.2

§53.2 Designated foreign corporations; disclosure

A. Any person who lobbies on behalf of a foreign corporation or any entity whose headquarters or principal place of business is located in a nation or country identified in 15 CFR Part 791.4, as revised from time to time, shall disclose at a minimum, the following information:

(1)The name of the foreign corporation represented by the person.

(2)The nation under whose laws the corporation is incorporated or organized.

(3)Where the corporation has its principal place of business.

(4)Where the corporation is primarily located if not in the United States which shall include the permanent mailing office address of the foreign corporation.

(5)A description of the business activity of the foreign corporation represented by the person.

(6)An identification of the matters on which the person expects to conduct lobbying business on behalf of the foreign corporation.

B. The Board of Ethics shall post on its website on the internet a list of all persons who have failed to file or failed to timely file a disclosure pursuant to this Section.

C. The board shall provide information about disclosures filed pursuant to this Section through a web portal maintained on the board's website. The portal shall contain the information about the registrant and the registrant's activities within the state. The board shall publish each disclosure filed pursuant to this Section on the board's website.

D. The board may send to and receive data from government officials in other states in order to increase the transparency and registration compliance of lobbyists of foreign corporations that operate in multiple states.

E. The board may promulgate rules pursuant to the Administrative Procedure Act as necessary to carry out the provisions of this Section.

F. Any change in information previously submitted in a disclosure pursuant to this Section shall be reported to the board through a supplemental disclosure within ten days following the change.

Acts 2025, No. 394, §1, eff. Dec. 1, 2025.