The bill amends and reenacts provisions of the Louisiana Fortify Homes Program, specifically R.S. 22:1483.1(A) and (C), while enacting new subsections R.S. 22:1483.1(B)(5) and (E)(3) and R.S. 22:1483.3. Key changes include allowing the commissioner of insurance to apply for grants or other funding sources, enter into agreements with public and private entities, and require grantees to submit to random reinspections of retrofitted properties. Additionally, the bill establishes that certain information and records related to the program will be confidential, while the names of grant recipients and property addresses will remain public records. The termination date for the program has also been repealed.

Furthermore, the bill mandates the department to conduct an actuarial study to determine justified discounts for structures meeting fortified home standards, with provisions for the department to utilize its own actuarial staff if legislative appropriations are insufficient. The report from this study must be made publicly available. The bill also amends R.S. 44:4.1(B)(11) to include R.S. 22:1483.1 among the exceptions to public records laws and repeals R.S. 22:1483.1(F) entirely. The act will take effect upon the governor's signature or after the designated period for bills to become law without signature.

Statutes affected:
SB484 Original: 22:1(A)
SB484 Engrossed: 22:1(A), 44:1(B)(11), 22:1(F)
SB484 Reengrossed: 22:1(A), 44:1(B)(11), 22:1(F)
SB484 Enrolled: 22:1(A), 44:1(B)(11), 22:1(F)
SB484 Act 533: 22:1(A), 44:1(B)(11), 22:1(F)