ENROLLED ACT No. 406 2023 Regular Session HOUSE BILL NO. 369 BY REPRESENTATIVES LAFLEUR, ADAMS, BACALA, BAGLEY, BEAULLIEU, BOYD, BRASS, BROWN, BRYANT, BUTLER, CARPENTER, ROBBY CARTER, WILFORD CARTER, CORMIER, COUSSAN, COX, DEVILLIER, EDMONDS, EMERSON, FISHER, FREIBERG, GADBERRY, GAINES, GLOVER, GOUDEAU, GREEN, HORTON, HUGHES, JEFFERSON, JENKINS, MIKE JOHNSON, TRAVIS JOHNSON, JORDAN, KNOX, LACOMBE, LARVADAIN, LYONS, MARCELLE, MCFARLAND, DUSTIN MILLER, MOORE, NEWELL, CHARLES OWEN, ROBERT OWEN, PHELPS, PIERRE, ROMERO, SCHAMERHORN, SCHEXNAYDER, SCHLEGEL, SELDERS, STAGNI, AND WILLARD 1 AN ACT 2 To amend and reenact R.S. 22:1482(A), (B), and (C)(introductory paragraph) and (1), 3 relative to premium discounts on automobile insurance policies for servicemen of the 4 Louisiana Air National Guard and Louisiana Army National Guard; to provide for 5 premium discounts; to require insurers to provide a premium discount on automobile 6 insurance policies to personnel serving in the Louisiana Air National Guard and 7 Louisiana Army National Guard; and to provide for related matters. 8 Be it enacted by the Legislature of Louisiana: 9 Section 1. R.S. 22:1482(A), (B), and (C)(introductory paragraph) and (1) are hereby 10 amended and reenacted to read as follows: 11 ยง1482. Military personnel premium discount; rebates; rating standards and methods 12 A. Beginning on July 1, 2006, and thereafter, every Every motor vehicle 13 insurer authorized to transact business in this state shall provide to active duty 14 military, Louisiana Air National Guard, and Louisiana Army National Guard 15 personnel based in this state a discount of twenty-five percent of the premium on any 16 automobile liability insurance policy purchased in this state to cover motor vehicles 17 owned by such military personnel. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HB NO. 369 ENROLLED 1 B. Insurers providing the discount authorized by this Section to active duty 2 military, Louisiana Air National Guard, and Louisiana Army National Guard 3 personnel shall be are entitled to a credit that shall be applied toward the premium 4 taxes imposed under R.S. 22:838 and 831 in an amount equal to the discount actually 5 provided. To the extent an insurer's credit authorized in this Section exceeds the 6 insurer's premium tax liability, the amount of credit not used to offset premium taxes 7 due shall be considered overpaid taxes and shall be refundable to the insurer, without 8 interest. Such insurers shall submit to the commissioner of insurance the documents, 9 evidence, and proof required, in accordance with the rules and regulations adopted 10 by the commissioner, to establish the discounts actually provided. 11 C. The commissioner of insurance shall adopt rules and regulations, in 12 accordance with the Administrative Procedure Act, to implement the provisions of 13 this Section. The rules and regulations shall include and not be limited to the 14 following: 15 (1) Provisions defining and delineating active duty military, Louisiana Air 16 National Guard, and Louisiana Army National Guard personnel who may receive the 17 discount. 18 * * * SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.