HLS 12RS-366 ORIGINAL Page 1 of 1 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2012 HOUSE BILL NO. 443 BY REPRESENTATIVE ABRAMSON INSURANCE/PROPERTY: Prohibits penalties against the La. Citizens Property Insurance Corporation in class action lawsuits AN ACT1 To enact R.S. 22:2318, relative to the Louisiana Citizens Property Insurance Corporation;2 to prohibit the recovery of penalties in class actions against the Louisiana Citizens3 Property Insurance Corporation; and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 22:2318 is hereby enacted to read as follows: 6 ยง2318. Recovery of penalties; class action7 Any action to recover a penalty or minimum measure of recovery against the8 Louisiana Citizens Property Insurance Corporation that is created or imposed by9 statute shall not be maintained as a class action.10 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)] Abramson HB No. 443 Abstract: Prohibits the recovery of penalties in class action suits against the La. Citizens Property Insurance Corporation. Proposed law prohibits a class action lawsuit against the La. Citizens Property Insurance Corporation to recover a penalty or minimum measure of recovery that is created or imposed by statute. (Adds R.S. 22:2318)