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TREASURY NOTES<br />
Making Electronic Payments Possible at State Agencies<br />
I have been advocating for<br />
state agencies to expand<br />
their payment options, and I<br />
feel now is the time to make<br />
it happen. I’m tired of hearing<br />
all the reasons it can’t be<br />
done or how much it’s going<br />
to cost. This isn’t about what’s<br />
convenient for the government<br />
to do, it’s about doing<br />
what’s best for taxpayers.<br />
I have requested that the<br />
Louisiana Cash Management<br />
Review Board (CMRB) craft a<br />
comprehensive plan with implementation<br />
deadlines for<br />
all state agencies to accept<br />
electronic payment options<br />
such as Venmo and PayPal.<br />
This is about efficiency and<br />
With the arrival of the <strong>2023</strong><br />
hurricane season, the Louisiana<br />
Department of Insurance<br />
(LDI) is hopeful that this<br />
season will be similar to the<br />
relatively quiet and uneventful<br />
season we experienced in<br />
2022. As we ready ourselves<br />
for this new hurricane season,<br />
the LDI encourages everyone<br />
to review their overall hurricane<br />
preparedness and replenish<br />
their hurricane emergency<br />
supplies.<br />
As part of emergency preparedness,<br />
every municipality<br />
should review and examine<br />
its insurance policies and<br />
verify that all National Flood<br />
Insurance Program (NIP) policies<br />
are in place and cover<br />
up to the maximum amount<br />
of insurance offered for all<br />
municipality-owned facilities<br />
made the subject of a previous<br />
Stafford Act (42 U.S.C.<br />
customer service for Louisiana<br />
citizens.<br />
The state’s current merchant<br />
services contract provides<br />
the option of accepting digital<br />
payments with a cost similar<br />
to the cost of accepting<br />
credit cards. However, there<br />
5121, et seq.) grant. Coverage<br />
verification is critical, as the<br />
Federal Emergency Management<br />
Agency (FEMA) may<br />
conclude that a municipality<br />
is ineligible to receive a<br />
Stafford Act grant due to the<br />
may be upfront costs related<br />
to changing an agency’s integrated<br />
software so that when<br />
payments are received electronically,<br />
the payment activates<br />
the agency’s network<br />
to process, for example, the<br />
fishing license that was purchased.<br />
After a request from<br />
the agency and an approved<br />
recommendation from my<br />
office, the House and Senate<br />
must approve any convenience<br />
fees before agencies<br />
can charge them to citizens.<br />
Later this summer, a plan for<br />
shifting to statewide agency<br />
electronic payment acceptance<br />
will be presented to<br />
the full CMRB.<br />
municipality’s failure to obtain<br />
and maintain adequate<br />
NIP flood insurance on facilities<br />
included in a prior FEMA<br />
grant.<br />
John Schroder,<br />
State Treasurer<br />
I look forward to a day in the<br />
near future, when electronic<br />
payments, beyond credit<br />
cards, are accepted at all<br />
state agencies.<br />
Stafford Act: Obtain and Maintain Insurance Obligations<br />
As part of emergency<br />
preparedness, every<br />
municipality should<br />
review and examine<br />
its insurance policies.<br />
Jim Donelon<br />
Commissioner, Louisiana<br />
Department of Insurance<br />
Municipalities in 63 of Louisiana’s<br />
64 parishes previously<br />
requested and received a<br />
Stafford Act FEMA grant. Each<br />
of these municipalities should<br />
take a moment to verify that<br />
they comply with the statutory<br />
obligation to obtain and<br />
maintain property insurance<br />
for the full amount of the<br />
FEMA grant for the peril that<br />
caused the previous damage.<br />
Any municipality that is unable<br />
to obtain and maintain<br />
property insurance for the full<br />
amount of the FEMA grant,<br />
must apply to our office for<br />
an Insurance Commissioner<br />
Certification (also referred to<br />
as an “ICC”), requesting a reduction<br />
to the amount of insurance<br />
required by law.<br />
Please alert every municipality<br />
of this critical issue, and if<br />
you have any questions concerning<br />
the obtain and maintain<br />
requirement or need further<br />
assistance, please contact<br />
Deputy Commissioner Chuck<br />
Myers by phone at (225)<br />
342-5203, or electronically at<br />
chuck.myers@ldi.la.gov.<br />
<strong>LMR</strong> | JULY <strong>2023</strong> Page 7