SLS 20RS-460 ORIGINAL
2020 Regular Session
SENATE BILL NO. 414
BY SENATOR FOIL
ASSESSORS. Provides relative to the authority of the Insurance Committee of the
Assessors' Insurance Fund to contract for group insurance. (8/1/20)
1 AN ACT
2 To amend and reenact R.S. 47:1922(A)(1), relative to the Insurance Committee of the
3 Assessors' Insurance Fund; to provide relative to the authority of the Insurance
4 Committee of the Assessors' Insurance Fund to contract for group insurance; to
5 remove provision requiring final approval by the Louisiana Assessors' Association
6 membership; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. R.S. 47:1922(A)(1) is hereby amended and reenacted to read as follows:
9 ยง1922. Creation of assessors' insurance fund and committee with authority to
10 contract for group insurance; payment of premiums
11 A.(1) There is hereby created an Assessors' Insurance Fund for the assessors
12 and assessors' employees throughout the state and a public corporation to be known
13 as the "Insurance Committee of the Assessors' Insurance Fund", which. This
14 committee shall be vested with the power to administer the fund herewith provided
15 for Assessors' Insurance Fund, to sue and be sued, to bid for, then contract for and
16 pay premiums for group life and accidental death and dismemberment insurance and
17 group health, accident, dental, hospital, surgical, and other medical expense
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. 414
SLS 20RS-460 ORIGINAL
1 insurance for the assessors, assessors' employees, and dependents of the assessors
2 and assessors' employees as provided for herein in this Section with any insurance
3 company legally authorized to do business in this state after final approval by a
4 majority vote of the Louisiana Assessors' Association membership.
5 * * *
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Curry Lann.
DIGEST
SB 414 Original 2020 Regular Session Foil
Present law (R.S. 47:1922) creates an Assessors' Insurance Fund for the assessors and
assessors' employees throughout the state and a public corporation known as the Insurance
Committee of the Assessors' Insurance Fund.
Proposed law retains present law.
Present law authorizes the Insurance Committee of the Assessors' Insurance Fund to
administer the fund, to sue and be sued, to bid for, then contract for and pay premiums for
group life and accidental death and dismemberment insurance and group health, accident,
dental, hospital, surgical, and other medical expense insurance for the assessors, assessors'
employees, and dependents of the assessors and assessors' employees with any insurance
company legally authorized to do business in this state after final approval by a majority vote
of the La. Assessors' Association membership.
Proposed law removes the provision requiring final approval by a majority vote of the La.
Assessors' Association membership and otherwise retains present law.
Effective August 1, 2020.
(Amends R.S. 47:1922(A)(1))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.