HLS 13RS-238 ORIGINAL Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2013 HOUSE BILL NO. 104 BY REPRESENTATIVE THIBAUT Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. 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), (B), and (C)(1), relative to the automobile insurance2 rebate 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), (B), and (C)(1) are hereby amended and reenacted to6 read as follows: 7 ยง1482. Military personnel premium discount; rebates8 A. Beginning on July 1, 2006, and thereafter, every Every motor vehicle9 insurer 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 13RS-238 ORIGINAL HB NO. 104 Page 2 of 2 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 C. The commissioner of insurance shall adopt rules and regulations, in5 accordance with the Administrative Procedure Act, to implement the provisions of6 this Section. The rules and regulations shall include and not be limited to the7 following:8 (1) Provisions defining and delineating active military personnel , including9 members of the Louisiana National Guard and military reserves, who may receive10 the discount.11 * * *12 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. 104 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), (B), and (C)(1))