LA HR336

Creates a 14-member special study group to examine Louisiana's insurance premium tax structure and recommend reforms to premium tax impositions, credits, deductions, and exemptions

Insurance premium taxes were not addressed during the 2024 Third Extraordinary Session tax reforms, despite generating approximately $1.5 billion annually in state taxes and fees collected by the Department of Insurance

Study group membership includes representatives from the House Insurance and Ways and Means committees, Department of Insurance, Department of Revenue, State Fire Marshal, Louisiana Municipal Association, and various insurance industry organizations

Study group must submit findings and recommendations to the House of Representatives by December 31, 2026, with legislative authority terminating January 1, 2027

Members serve without compensation except for per diem or expense reimbursement they may be entitled to through their respective organizations