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LA HB190

LA HB190
Provides relative to employee benefit plans preempted by the Employee Retirement Income Security Act of 1974


summary

Introduced
03/24/2023
In Committee
04/10/2023
Crossed Over
Passed
Dead
06/08/2023

Introduced Session

2023 Regular Session

Bill Summary

Provides relative to employee benefit plans preempted by the Employee Retirement Income Security Act of 1974

AI Summary

This bill provides clarification on the applicability of Louisiana's insurance laws to employee benefit plans that are preempted by the Employee Retirement Income Security Act (ERISA) of 1974. The bill amends various sections of Louisiana's insurance code to specify that the state's insurance laws apply to employee benefit plans only to the extent not preempted by ERISA. It also includes a severability clause to ensure the validity of the remainder of the insurance code if any provisions are found to be preempted by ERISA. The bill aims to provide legal certainty regarding the scope of Louisiana's insurance regulations in relation to ERISA-preempted employee benefit plans.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Read by title, under the rules, referred to the Committee on Insurance. (on 04/10/2023)

bill text


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