2022-054 - Laserfiche WebLink

Ethics Board Docket No. 2022-054 Page 5 of 9 §14. Donation,Loan or Pledge of Public Credit A. Prohibited Uses. Except as otherwise provided by this constitution, the funds, credit, property, or things of value of the state or of any political subdivision shall not be loaned, pledged, or donated to or for any person, association, or corporation, public or private. Except as otherwise provided in this Section, neither the state nor a political subdivision shall subscribe to or purchase the stock of a corporation or association or for any private enterprise. 4. The following provisions proscribe the penalties the Ethics Adjudicatory Board may assess if the Ethics Adjudicatory Board determines a violation of the Ethics Code has occurred: §1153. Penalties B. Upon a determination that any public employee or other person has violated any provision of any law within the jurisdiction of the Board of Ethics except violations of the Campaign Finance Disclosure Act which shall be governed by Chapter 11 of Title 18 of the Louisiana Revised Statutes of 1950, the Ethics Adjudicatory Board may remove, suspend,or order a reduction in pay,or demotion of the public employee or other person, or impose a fine of not more than ten thousand dollars, or both. * * * §1155. Penalties for illegal gain; forfeiture of gifts, payments A. If an investigation conducted pursuant to this Part reveals that any public servant or other person has violated any law within the jurisdiction of the Board of Ethics to his economic advantage, and after an adjudicatory hearing on the matter, the Ethics Adjudicatory Board may order the payrnent of penalties. Recovery may include, in addition to an amount equal to such economic advantage, penalties not to exceed one half of the amount of the economic advantage. Any appeal of such final decision by the Ethics Adjudicatory Board shall be to the Court of Appeal, First Circuit, pursuant to R.S. 42:1142.