Louisiana 2015 2015 Regular Session

Louisiana House Bill HB377 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)]
HB 377 Original	2015 Regular Session	Henry
Abstract:  Dedicates $1.7 million of the fees collected from businesses which insure property
against loss or damage by fire to the Dept. of Agriculture and Forestry for forest firefighting
programs within the department.
Present law provides for the collection of a 2% tax on the amount of premiums received from any
business that insures property against loss or damage by fire, as well as certain penalties on such
insurers.
Present law creates the Two Percent Fire Insurance Fund and  deposits the collections related to
insurers of property against loss or damage by fire into the fund.  Monies in the fund are dedicated
as follows:
(1)The state fire marshal to purchase group insurance for volunteer firefighters.
(2)The Fire and Emergency Training Institute at Louisiana State University at Baton Rouge,
including allocations to the Pine Country Education Center and Delgado Community
College, for firefighter training.
(3)Distributions to each parish governing authority according to a formula provided for in
present law.
Proposed law retains present law and adds as an additional dedication of the fund, $1.7 million to
the Dept. of Agriculture and Forestry for forest firefighting programs within the department.
(Amend R.S. 22:347(B)(intro. para.); Adds R.S. 22:347(A)(5))