Louisiana 2023 2023 Regular Session

Louisiana House Bill HB113 Engrossed / Bill

                    HLS 23RS-469	ENGROSSED
2023 Regular Session
HOUSE BILL NO. 113
BY REPRESENTATIVE WHITE
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
HOUSING/AUTHORITIES:  Provides relative to volunteer board members of certain
interlocal risk management agencies
1	AN ACT
2To amend and reenact R.S. 22:41.3(Section heading) and to enact R.S. 22:41.3(C)(4),
3 relative to volunteer board members of interlocal risk management agencies formed
4 by local housing authorities; to exempt such volunteer board members from certain
5 filing submissions to the commissioner of insurance; and to provide for related
6 matters.
7Be it enacted by the Legislature of Louisiana:
8 Section 1.  R.S. 22:41.3(Section heading) is hereby amended and reenacted and R.S.
922:41.3(C)(4) is hereby enacted to read as follows: 
10 ยง41.3. Requirements for officers and directors of domestic regulated entities;
11	exemptions
12	*          *          *
13	C.
14	*          *          *
15	(4)  The provisions of Paragraph (1) and Subparagraphs (2)(a) through (c) of
16 this Subsection and Subsection E of this Section do not apply to volunteer board
17 members of an interlocal risk management agency authorized pursuant to R.S.
18 33:1351 et seq.
19	*          *          *
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 23RS-469	ENGROSSED
HB NO. 113
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 113 Engrossed 2023 Regular Session	White
Abstract:  Exempts volunteer board members of interlocal risk management agencies
formed by local housing authorities from submitting certain information to the
commissioner of insurance. 
Present law (R.S. 22:41.3) requires directors, officers, and trustees of domestic regulated
entities to submit certain information including but not limited to biographical information,
third-party background verifications, fingerprint cards, and sworn statements to the
commissioner of insurance within 30 days of election or appointment.  
Present law requires such submissions to the commissioner for purposes of the
commissioner's issuance of a letter of no objection to a respective director's, officer's, or
trustee's service in his capacity.
Proposed law exempts volunteer board members of an interlocal risk management agency,
as defined in the "Local Housing Authority Self-Insurance Act of 1981" (R.S. 33:1351 et
seq.), from the present law submission requirements.  Otherwise retains present law.  
(Amends R.S. 22:41.3(Section heading); Adds R.S. 22:41.3(C)(4))
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.