This bill enacts new Civil Code Articles 3493.11 and 3493.12, which establish prescriptive periods for tort actions in Louisiana. Specifically, Article 3493.11 sets a two-year liberative prescription for delictual actions, starting from the date the injury or damage occurs. It also provides exceptions for minors and interdicts in cases involving permanent disability related to product liability. Article 3493.12 addresses damage to immovable property, stating that the two-year prescription begins when the property owner becomes aware, or should have become aware, of the damage.

Additionally, the bill repeals existing Civil Code Articles 3492 and 3493 in their entirety. The provisions of this Act will only apply prospectively to delictual actions arising after its effective date of July 1, 2024.