HLS 14RS-1368 ORIGINAL Page 1 of 1 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2014 HOUSE BILL NO. 700 BY REPRESENTATIVE CROMER INSURANCE: Prohibits the recovery of penalties in class action suits against La. Citizens Property Insurance Corporation AN ACT1 To enact R.S. 22:2296.1, relative to recovery against Louisiana Citizens Property Insurance2 Corporation; to prohibit claimants from recovering penalties from Louisiana Citizens3 Property Insurance Corporation in the form of class action lawsuits; and to provide4 for related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. R.S. 22:2296.1 is hereby enacted to read as follows:7 ยง2296.1. Recovery of penalties; class action8 Any action to recover a penalty or minimum measure of recovery against the9 Louisiana Citizens Property Insurance Corporation that is created or imposed by10 statute shall not be maintained as a class action.11 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)] Cromer HB No. 700 Abstract: Prohibits award of statutorily mandated penalties in class action lawsuits against La. Citizens Property Insurance Corporation. Proposed law prohibits claimants from using class action lawsuits to seek recovery of statutorily mandated penalties against La. Citizens Property Insurance Corporation. Effective August 1, 2014. (Adds R.S. 22:2296.1)