SLS 13RS-39 ORIGINAL Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2013 SENATE BILL NO. 34 BY SENATOR HEITMEIER Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. PROPERTY INSURANCE. To provide with respect to actions involving Chinese drywall. (6/30/13) AN ACT1 To amend and reenact R.S. 22:1338(E), relative to homeowners' insurance; to provide with2 respect to the sunset provision in actions involving Chinese drywall; and to provide3 for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 22:1338(E) is hereby amended and reenacted to read as follows: 6 ยง1338. Homeowners' insurance; prohibited actions involving Chinese drywall;7 penalty8 * * *9 E. The provisions of this Section shall cease to be effective after July 1, 201310 2016.11 Section 2. This Act shall become effective on June 30, 2013.12 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Cheryl Horne. DIGEST Present law prohibits an insurer from canceling or failing to renew any homeowners' insurance policy based solely on the presence of installed Chinese drywall in the insured's property or the filing of a claim by an insured that is based on the presence of Chinese SB NO. 34 SLS 13RS-39 ORIGINAL Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. drywall. Further provides penalties for any violation. Present law sunsets after July 1, 2013. Proposed law retains present law and changes the sunset date to July 1, 2016. Effective June 30, 2013. (Amends R.S. 22:1338(E))