SLS 16RS-90 ORIGINAL 2016 Regular Session SENATE BILL NO. 35 BY SENATOR GATTI INSURANCE POLICIES. Requires insurance for persons handling explosives. (8/1/16) 1 AN ACT 2 To enact R.S. 40:1472.3(F), relative to licensing a manufacturer, dealer-distributor, user, 3 blaster, or handler of explosives; to provide for the requirement of liability insurance 4 as a condition for obtaining a license; and to provide for related matters. 5 Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 40:1472.3(F) is hereby enacted to read as follows: 7 ยง1472.3. License; manufacturer, dealer-distributor, user, blaster, or handler of 8 explosives 9 * * * 10 F. No license shall be issued by the deputy secretary pursuant to an 11 application therefor unless the applicant provides proof of liability insurance. 12 The liability insurance shall be in an amount not less than fifty million dollars 13 and shall provide coverage for damage caused by blast waves, blast wind, fire, 14 fragmentation, secondary fragmentation, shockwaves and stress waves which 15 result from the handling, movement, use, manipulation, or other action causing 16 the detonation of explosives by the applicant or an employee or agent of the 17 applicant. Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 35 SLS 16RS-90 ORIGINAL 1 * * * The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Cheryl Cooper. DIGEST SB 35 Original 2016 Regular Session Gatti Present law provides for the requirements of a manufacturer, dealer-distributor, user, blaster, or handler of explosives to obtain a state-issued license. Proposed law retains present law and adds the requirement of proof of a $50 million liability insurance policy to cover damage caused by blast waves, blast wind, fire, fragmentation, secondary fragmentation, shockwaves and stress waves as a condition of issuance of a license. Effective August 1, 2016. (Enacts 40:1472.3(F)) Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.