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)]
CONFERENCE COMMITTEE REP ORT DIGEST
HCR 143 2015 Regular Session Harrison
Keyword and oneliner of the instrument as it left the House
FINANCIAL INSTITUTIONS: Relative to Louisiana insurance laws regulating both financial
institutions and the unfair trade practice of tying banking products or services to insurance products
Report adopts Senate amendments to:
1. Delete a provision of the resolution relative to certain findings of the legislature.
Report rejects Senate amendments which would have:
1. Made a technical change.
2. Added the terms "securities" and "investments" to certain provisions of present law (R.S.
22:1597 and 1600).
Report amends the bill to:
1. Include a provision urging financial institutions to adhere to the restrictions imposed by R.S.
22:1597 and 1600 to any purchase or sale of securities and investments.
Digest of the bill as proposed by the Conference Committee
Requests that all financial institutions conducting business in Louisiana strictly comply with present
law (R.S. 22:1591-1605).
Requests the commissioner of the office of financial institutions to distribute copies of this
Resolution to the financial institutions conducting business in this state.