The proposed legislation enacts R.S. 22:1482.2, which mandates premium reductions for the liability portions of insurance policies covering commercial motor vehicles that are equipped with dashboard cameras and telematics systems. The bill aims to enhance public safety, reduce insurance fraud, and lower claims costs by incentivizing the use of these technologies. It defines key terms such as "commercial motor vehicle," "dashboard camera," "liability premium," and "telematics system," and establishes eligibility criteria for policyholders to qualify for the premium discount. Insurers are required to provide a discount based on actuarial justification and must verify compliance annually through reports from policyholders.

Additionally, the bill outlines the responsibilities of insurers, including the submission of annual reports to the commissioner of insurance detailing the number of vehicles receiving discounts and any changes in claim frequency or severity. The commissioner is tasked with adopting necessary rules and regulations to implement the section, including technical standards for the devices. The act is set to take effect on January 1, 2026, and will apply to all commercial motor vehicle insurance policies issued or renewed after that date.