Maddy summaryThis concurrent resolution asks the Louisiana Commissioner of Insurance to study the possibility of launching a Coastal Reinsurance Assistance Program. The proposed program would create a cooperative reinsurance pool involving several coastal states to offer insurance coverage to property insurers at lower rates than currently available. If implemented, the savings from these lower rates would be passed on to homeowners through reduced insurance premiums. The bill directs the insurance department to complete this investigation and report its findings to the legislature by February 1, 2025.
Sponsored bills
Maddy summaryThis resolution formally recognizes Iam Tucker, president and CEO of Integrated Logistical Support in New Orleans, for being named the 2024 National Small Business Person of the Year. The document highlights her background as a former police officer and second-generation business owner who expanded her father's engineering firm to employ fifty people and generate over $2.7 million in annual revenue. It does not alter any laws or policies but serves as an official commendation from the Louisiana House of Representatives to celebrate her entrepreneurial achievements and wish her continued success.
Maddy summaryThis bill establishes a paid parental leave program for eligible employees in Louisiana's public school system, including teachers and staff. It creates a special state fund to cover the costs of substitute employees needed to fill positions while eligible staff take leave, extending the current leave period from three months to twelve months. The legislation ensures that existing collective bargaining agreements, employer policies, or other laws offering more generous benefits remain unchanged and prohibits employees from waiving their rights under the new program. Implementation depends on future legislative approval to appropriate funds for the special fund.