Louisiana 2024 2024 Regular Session

Louisiana House Bill HB430 Engrossed / Bill

                    HLS 24RS-359	ENGROSSED
2024 Regular Session
HOUSE BILL NO. 430
BY REPRESENTATIVE OWEN
MTR VEHICLE/VIOLATIONS:  Requires the office of motor vehicles to accept proof of
vehicle insurance from another state
1	AN ACT
2To enact R.S. 32:900.2, relative to proof of a "Motor Vehicle Liability Policy"; to provide
3 for acceptance of valid motor vehicle liability policies issued in another state; and
4 to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 32:900.2 is hereby enacted to read as follows:  
7 ยง900.2.  Proof of financial responsibility; policy issued in another state
8	Notwithstanding any other provision contained in this Title to the contrary,
9 if an owner of a vehicle registered in this state has a valid motor vehicle liability
10 policy issued in another state, which is issued by an insurance carrier that has the
11 same company name as one that is authorized to issue automobile insurance in this
12 state, his motor vehicle liability policy shall be deemed to be valid proof of financial
13 responsibility.
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 430 Engrossed 2024 Regular Session	Owen
Abstract:  Provides an exception for valid motor vehicle liability policies issued in another
state to owners of vehicles registered in this state.
Page 1 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 24RS-359	ENGROSSED
HB NO. 430
Present law (R.S. 32:900(A)) provides that a "Motor Vehicle Liability Policy" means an
owner's or operator's policy of liability insurance certified under present law is issued by an
insurance carrier duly authorized to transact business in this state.
Proposed law provides an exception to present law that allows for an owner of a vehicle
registered in this state who obtains a valid motor vehicle liability policy issued in another
state by an insurer with the same company name as an insurance carrier that is authorized
to issue automobile insurance in this state to have his policy be deemed valid proof of
financial responsibility.
(Adds R.S. 32:900.2)
Page 2 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.