2020 Regular Session ENROLLED SENATE BILL NO. 414 BY SENATOR FOIL 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 18 insurance for the assessors, assessors' employees, and dependents of the assessors 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 ENROLLED 1 and assessors' employees as provided for herein in this Section with any insurance 2 company legally authorized to do business in this state after final approval by a 3 majority vote of the Louisiana Assessors' Association membership. 4 * * * PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.