ETHICS/BOARD: Provides for the assessment of fees by the Board of Ethics and Supervisory Committee on Campaign Finance Disclosure (OR +$201,923 GF EX See Note)

HB 556 updates Louisiana's campaign finance reporting rules to clarify penalties and notifications for late or inaccurate filings. It requires the Board of Ethics and Supervisory Committee to notify filers (candidates, committee treasurers, or others) within four days of a missed deadline, giving them seven business days to correct errors before penalties apply. The bill prohibits conditional fee waivers (e.g., "waiver if you fix it later") and mandates that all waivers be permanent and unconditional. These changes directly affect individuals and committees responsible for submitting campaign finance reports, ensuring clearer accountability for timely and accurate disclosures.