Insurance businesses in Louisiana must pay a quarterly premium tax, with a minimum tax of $185 when gross annual premiums are $6,000 or less and higher amounts when premiums exceed that threshold.
PART IV. TAXES AND EXEMPTIONS §831. Fire, marine, transportation, casualty, surety, or other insurance A.(1) Upon the business of issuing policies, contracts, or other forms of obligations covering the risk of fire, marine, transportation, surety, fidelity, indemnity, guaranty, workers' compensation, employers' liability, property damages, livestock, vehicle, automatic sprinkler, burglary, or insurance of any other kind whatsoever in this state not otherwise provided for in this Part, the minimum annual tax shall be one hundred eighty-five dollars when the gross annual premiums shall be six thousand dollars or less; and when the gross annual premiums shall be more than six thousand dollars, the amount of tax payable shall be increased to three hundred dollars for each additional ten thousand dollars, or fraction thereof, of gross annual premiums. The business of issuing each of the kinds of insurance or contracts mentioned in this Section may be combined under one tax, and the amount of the tax shall be based on the combined gross annual premiums of all such businesses. (2) This tax shall be paid on a quarterly basis. B. There is hereby created in the state treasury as a special fund the Louisiana State Police Salary Fund, hereafter referred to in this Subsection as the "fund". Monies in the fund shall be used in amounts appropriated by the legislature to cover the cost of salary increases and related benefits for members of the state police service and for special law enforcement initiatives. After allocation of money to the Bond Security and Redemption Fund as provided in Article VII, Section 9(B) of the Constitution of Louisiana, the treasurer shall deposit in and credit to the fund amounts received as follows: (1) The avails of taxes collected under the provisions of this Section in Fiscal Year 2002-2003 and ensuing fiscal years that are in excess of total collections under the provisions of this Section in Fiscal Year 2000-2001, until the amount deposited in each fiscal year is equal to fifteen million six hundred thousand dollars. (2) The first twenty-two million dollars of the avails of the excise tax levied pursuant to R.S. 47:841(F). NOTE: Subsection C eff. July 1, 2026. See Acts 2025, No. 79. C. Each fiscal year, the treasurer shall deposit into the Louisiana Fortify Homes Program Fund, established pursuant to R.S. 22:1483.1, five million dollars of the taxes collected pursuant to this Section. Acts 1984, 1st. Ex. Sess., No. 3, §1, eff. March 27, 1984; Acts 2002, No. 83, §1, eff. June 30, 2002; Redesignated from R.S. 22:1065 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1; Acts 2014, No. 524, §3; Acts 2023, No. 414, §1, eff. July 1, 2023; Acts 2025, No. 79, §1, eff. July 1, 2026.