Louisiana 2014 2014 Regular Session

Louisiana House Bill HB879 Comm Sub / Analysis

                    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. 879
Abstract: Changes the date for filing annual registration statements for insurance holding
companies to April 30 and provides references in the Public Records Law to certain
exemptions relative to insurance.
Present law requires insurance holding companies to file annual registration statements by April
1 for the previous calendar year.
Proposed law changes present law by requiring insurance holding companies to file annual
registration statements by April 30 for the previous calendar year.
Present law (Public Records Law, R.S. 44:1 et seq.) provides for the definition of "public
records".  Establishes the framework for the availability of public records to requesting persons,
and specifically provides that it is the duty of the custodian of the public records for a public
entity or agency to provide copies to persons so requesting.
Present law provides for certain exceptions, exemptions, and limitations.  Specifies that any
exception, exemption, and limitation to the laws pertaining to public records not provided for in
the Public Records Law or in the constitution shall have no effect.
Proposed law retains present law and provides references in the Public Records Law to certain
present law exemptions relative to insurance (R.S. 22:263, 691.4, 691.5, 691.10, 834, 1008,
1464, 1801, 2056, 2085, and 2293).
(Amends R.S. 22:691.6(A)(2) and (J)(2) and R.S. 44:4.1(B)(11))
Summary of Amendments Adopted by House
Committee Amendments Proposed by 	House Committee on Insurance to the original bill.
1. Deleted provisions relative to enterprise risk filing and the exemption for filing an
annual enterprise risk report.
2. Deleted provisions relative to the confidentiality of documents obtained by the
commissioner of insurance.
Committee Amendments Proposed by 	House Committee on House and Governmental Affairs to the engrossed bill.
1. Removes provisions of proposed law adding references in the Public Records Law to
certain present law exemptions (R.S. 22:550.7, 571, 639, 1796, and 2091).
2. Removes provisions of proposed law that would have made technical changes to
present law provisions relative to delegation of regulatory authority.
3. Makes technical changes. House Floor Amendments to the reengrossed bill.
1. Makes technical changes.