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 32 Original 2020 First Extraordinary Session James
Abstract: Prohibits risks classifications based on an insured's credit information when determining
rates.
Present law prohibits inadequate or unfairly discriminatory rates in a competitive market.
Present law prohibits rates from being excessive, inadequate, or unfairly discriminatory in a
noncompetitive market.
Present law authorizes risk classifications based on any criteria except race, color, creed, or national
origin.
Proposed law retains present law and further prohibits risk classifications based on a person's credit
information.
Present law regulates the use of credit information for personal insurance.
Proposed law repeals present law.
(Amends R.S. 22:1454(A); Repeals R.S. 22:1501-1514)