FUNDS/FUNDING: Increases the dedication of a certain portion of insurance premium assessments into the Municipal Fire and Police Civil Service Operating Dedicated Fund Account (EG +$726,897 SG RV See Note)

Summary

The bill requires Louisiana insurers to deposit a fraction of their gross premiums into a dedicated fund for the Municipal Fire and Police Civil Service. The rate is 0.30% for fiscal years 2027‑2028 and 2028‑2029, rising to 0.325% beginning in FY 2029‑2030. The money will support the office of the state examiner for the Municipal Fire and Police Civil Service and is treated as self‑generated revenue for legislative appropriations.

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