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LA SB110
Bill
Status
4/3/2025
Primary Sponsor
Katrina Jackson-Andrews
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AI Summary
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Enacts R.S. 22:470 to establish that Louisiana Insurance Code provisions apply to employee benefit plans only to the extent not preempted by the federal Employee Retirement Income Security Act of 1974 (ERISA)
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Adds severability language allowing the Insurance Commissioner to determine when a provision is reasonably likely to be preempted by ERISA, preserving the validity of remaining code provisions
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Removes repetitive ERISA preemption exclusion language from multiple "health insurance issuer" definitions throughout the Insurance Code (R.S. 22:1044, 1060.1, 1061, 1221, 1831, and 1852)
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Consolidates ERISA preemption references into a single new section rather than scattered throughout individual definitions
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Effective upon signature by the governor or lapse of time for gubernatorial action
Legislative Description
Provides relative to employee benefit plans preempted by the Employee Retirement Income Security Act of 1974. (gov sig)
INSURERS
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Insurance.
4/14/2025