Louisiana 2024 2024 Regular Session

Louisiana House Bill HB430 Comm Sub / Analysis

                    SSHB430 4563 4757
HOUSE SUMMARY OF SENATE AMENDMENTS
HB 430	2024 Regular Session	Owen
MTR VEHICLE/VIOLATIONS:  Requires the office of motor vehicles to accept proof of
vehicle insurance from another state
Synopsis of Senate Amendments
1.Removes the provision that an insurance policy must be issued by an insurer
with the same company name as an insurance carrier that is authorized to issue
automobile insurance in this state.
Digest of Bill as Finally Passed by Senate
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 to have his policy be deemed valid proof of financial responsibility in this state.
(Adds R.S. 32:900.2)
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