HLS 12RS-510 ORIGINAL
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2012
HOUSE BILL NO. 247
BY REPRESENTATIVE THIBAUT
INSURANCE/AUTOMOBI LE: Extends military rebate on automobile insurance to
reservists and La. National Guard members
AN ACT1
To amend and reenact R.S. 22:1482(A) and (B), relative to the automobile insurance rebate2
provided to military personnel; to extend the rebate to reservists and Louisiana3
National Guard members; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 22:1482(A) and (B) are hereby amended and reenacted to read as6
follows: 7
ยง1482. Military personnel premium discount; rebates8
A. Beginning on July 1, 2006, and thereafter, every motor vehicle insurer9
all authorized to transact business in this state shall provide to active all military10
personnel, including members of the Louisiana National Guard and military reserves,11
based in this state a discount of twenty-five percent of the premium on any12
automobile liability insurance policy purchased in this state to cover motor vehicles13
owned by such military personnel.14
B. Insurers providing the discount authorized by this Section to active such15
military personnel shall be entitled to a credit that shall be applied toward the16
premium taxes imposed under pursuant to R.S. 22:838 and 831 in an amount equal17
to the discount actually provided. To the extent an insurer's credit authorized in this18
Section exceeds the insurer's premium tax liability, the amount of credit not used to19
offset premium taxes due shall be considered overpaid taxes and shall be refundable20 HLS 12RS-510 ORIGINAL
HB NO. 247
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
to the insurer, without interest. Such insurers shall submit to the commissioner of1
insurance the documents, evidence, and proof required, in accordance with the rules2
and regulations adopted by the commissioner, to establish the discounts actually3
provided.4
* * *5
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Thibaut HB No. 247
Abstract: Extends the rebate that automobile insurers offer to active military personnel to
reservists and members of the La. National Guard.
Present law provides that automobile insurers shall provide a rebate of 25% of the policy
premium to all active members of the military. Further provides that insurers who provide
this discount shall be entitled to a credit that will be applied to the premium taxes imposed
on the insurer.
Proposed law extends the 25% rebate to members of the La. National Guard and reservists;
otherwise retains present law.
(Amends R.S. 22:1482(A) and (B))