IN SB0353 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: Passed on April 20 2023 - 100% progression
Action: 2023-04-20 - Public Law 46
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: Passed on April 20 2023 - 100% progression
Action: 2023-04-20 - Public Law 46
Text: Latest bill text (Enrolled) [PDF]
Summary
Risk management and catastrophic liability funds. Authorizes the insurance commissioner to cease operation of the political subdivision risk management fund upon a determination by the insurance commissioner that: (1) all political subdivisions that were members of the fund have withdrawn from the fund; and (2) all payment of the liabilities of former members of the fund have been determined and finalized. Authorizes the insurance commissioner to cease operation of the political subdivision catastrophic liability fund upon a determination by the insurance commissioner that: (1) all political subdivisions that were members of the fund have withdrawn from the fund; and (2) all payment of the liabilities of former members of the fund have been determined and finalized. Requires the insurance commissioner, when ceasing operation of one of the funds, to distribute the balance in the fund to former members of the fund, distributing to each former member an amount proportional to the total of assessments and (in the case of the political subdivision risk management fund) surcharges paid by the former member. Provides that the laws establishing the political subdivision risk management fund and the political subdivision catastrophic liability fund expire when the insurance commissioner certifies to the executive director of the legislative services agency that: (1) the funds have no remaining members; (2) all payments of liabilities of former members of the funds have been determined and finalized; and (3) the balances in the funds have been distributed to former members of the funds. Amends a provision of the law concerning tort claims against governmental entities to provide that giving notice of a tort claim against a political subdivision to the political subdivision risk management commission is not required if the law establishing the political subdivision risk management commission has expired.
Title
Risk management and catastrophic liability funds.
Sponsors
Sen. Ed Charbonneau [R] | Sen. Rodney Pol [D] | Sen. Eddie Melton [D] | Sen. Lonnie Randolph [D] |
Rep. Harold Slager [R] | Rep. Jim Pressel [R] | Rep. Earl Harris [D] | Rep. Charles Moseley [D] |
Roll Calls
2023-04-04 - House - House - Third reading (Y: 96 N: 1 NV: 1 Abs: 2) [PASS]
2023-02-13 - Senate - Senate - Third reading (Y: 47 N: 1 NV: 1 Abs: 1) [PASS]
2023-02-13 - Senate - Senate - Third reading (Y: 47 N: 1 NV: 1 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2023-04-20 | Senate | Public Law 46 |
2023-04-20 | Senate | Signed by the Governor |
2023-04-17 | Senate | Signed by the President of the Senate |
2023-04-11 | House | Signed by the Speaker |
2023-04-06 | Senate | Signed by the President Pro Tempore |
2023-04-05 | House | Returned to the Senate without amendments |
2023-04-04 | House | Third reading: passed; Roll Call 357: yeas 96, nays 1 |
2023-04-03 | House | Second reading: ordered engrossed |
2023-03-30 | House | Committee report: do pass, adopted |
2023-03-23 | House | Referred to the Committee on Ways and Means pursuant to House Rule 127 |
2023-03-23 | House | Committee report: do pass, adopted |
2023-02-28 | House | First reading: referred to Committee on Insurance |
2023-02-16 | House | Representative Moseley added as cosponsor |
2023-02-14 | Senate | Referred to the House |
2023-02-13 | Senate | Cosponsors: Representatives Pressel and Harris |
2023-02-13 | Senate | House sponsor: Representative Slager |
2023-02-13 | Senate | Third reading: passed; Roll Call 108: yeas 47, nays 1 |
2023-02-09 | Senate | Second reading: ordered engrossed |
2023-02-06 | Senate | Senator Randolph added as coauthor |
2023-02-06 | Senate | Committee report: do pass, adopted |
2023-02-02 | Senate | Senator Melton added as coauthor |
2023-01-17 | Senate | First reading: referred to Committee on Appropriations |
2023-01-17 | Senate | Authored by Senators Charbonneau and Pol |