ENROLLED
2015 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 220
BY REPRESENTATIVES CROMER AND KLECKLEY
A CONCURRENT RESOL UTION
To urge and request the House Committee on Insurance and the Senate Committee on
Insurance, in consultation with the Department of Insurance and insurance industry
representatives, to study the insurance premium tax and retaliatory tax issues
affecting insurance companies doing business in the state of Louisiana.
WHEREAS, the state of Louisiana has one of the highest premium tax rates for
insurance companies in the country; and
WHEREAS, the insurance companies doing business in our state are subject to
retaliatory taxes as a result of the premium tax structure in the Louisiana Insurance Code;
and
WHEREAS, it is important that the regulatory and statutory framework for premium
taxes and retaliatory taxes be reviewed to determine if it is fair and equitable.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
urge and request the House Committee on Insurance and the Senate Committee on
Insurance, in consultation with the Department of Insurance and insurance industry
representatives, to study the regulatory and statutory framework for premium taxes and
retaliatory taxes to determine if such framework is fair and equitable to the insurance
industry and to the state of Louisiana.
BE IT FURTHER RESOLVED that such a study include a review of the laws of
other states and address whether the enactment of legislation by the Legislature of Louisiana
should be considered.
BE IT FURTHER RESOLVED that the House Committee on Insurance and the
Senate Committee on Insurance may submit the findings from the study in the form of a
report to the Louisiana Legislature on or before December 31, 2015.
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BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
chairman of the House Committee on Insurance, the chairman of the Senate Committee on
Insurance, and the commissioner of insurance for the state of Louisiana.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
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