Louisiana Revised Statutes Tit. 4, § 158.2. Quarterly reporting of professional services information

A. Each association or licensee as defined in R.S. 4:143 shall submit to the commission, the Senate Committee on Judiciary B, and the House Committee on Commerce all of the following:

B. As used in this Section, “professional services” means those services rendered in this state and shall include but are not limited to:

C. The reports required by the provisions of this Section shall be submitted on a quarterly basis. Each report shall be forwarded to the commission and the legislative committees described in Subsection A of this Section by certified mail no later than twenty days after the end of each calendar quarter.

D. A report required by the provisions of this Section shall be a public record and governed by the provisions of R.S. 44:1 et seq.

E. A report required by the provisions of this Section shall not be required to contain the amount of compensation paid by the association or licensee to each individual, corporation, firm, partnership, association, or other legal entity in exchange for providing the professional services nor shall it be required to contain the amount of compensation paid to each of its employees.

F. The commission may suspend or withdraw licenses, permits, and privileges granted by it or terminate racing privileges for failure to timely submit the report required by the provisions of this Section.

G. The commission shall adopt rules to implement the provisions of this Section. All rules shall be adopted pursuant to the provisions of the Administrative Procedure Act.

H. The first reports required pursuant to this Section shall be submitted on or before October 20, 2022.