The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Cheryl Cooper.
DIGEST
SB 222 Engrossed 2018 Regular Session Lambert
Present law requires every motor vehicle insurer authorized to transact business in this state to
provide to active military personnel based in this state a discount of 25% of the premium on any
automobile liability insurance policy purchased in this state to cover motor vehicles owned by active
military personnel.
Proposed law retains present law and requires every motor vehicle insurer authorized to transact
business in this state to provide members of the Louisiana National Guard based in this state and not
eligible for the discount in present law a discount of 12.5% of the premium on any automobile
liability insurance policy purchased in this state to cover motor vehicles owned by members of the
Louisiana National Guard.
Present law provides a credit to insurers providing a discount pursuant to present law that shall be
applied towards the premium taxes in an amount equal to the discount actually provided. Provides
for unused credit to be refunded to the insurer.
Proposed law retains present law.
Proposed law provides that insurers providing the discount authorized by proposed law shall be
entitled to a rebate from the state in an amount equal to the discount actually provided. Provides for
submission to the commissioner of insurance the documents, evidence, and proof required, in
accordance with the rules and regulations adopted by the commissioner, to establish the discounts
actually provided. Provides that upon approval, the commissioner shall issue a warrant upon the
state treasurer in favor of the insurer for payment of the amount approved.
Present law requires the commissioner of insurance to adopt rules and regulations, in accordance
with the Administrative Procedure Act, to implement present law.
Proposed law retains present law.
Effective August 1, 2018.
(Amends R.S. 22:1482)