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LA SB47
Bill
Status
3/31/2025
Primary Sponsor
Kirk Talbot
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AI Summary
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Removes the current 20% cap on total annual premiums that the Louisiana Workers' Compensation Corporation (LWCC) can earn from Louisiana employers' operations in other states
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Eliminates the 30% limit on the portion of any individual insured's total premium that can be attributed to exposures under other states' workers' compensation laws
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LWCC retains authority to provide coverage for Louisiana-domiciled, Louisiana-incorporated, or Louisiana-headquartered businesses with operations in other states
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Effective August 1, 2025
Legislative Description
Removes limitations on total amount of premiums received by LWCC in any calendar year from operations in other states. (8/1/25)
WORKERS' COMPENSATION
Last Action
Withdrawn from the files of the Senate prior to introduction.
4/14/2025