INDReporter

Deadline near for a 2008 tax rebate

by Walter Pierce

Time is running out for those who want to claim a state tax rebate for a special assessment charged on property insurance bills in Louisiana in2008.

BATON ROUGE, La. (AP) - Time is running out for those who want to claim a state tax rebate for a special assessment charged on property insurance bills in Louisiana in2008.

The annual assessment has been made since 2006 to pay off bonds issued to keep Louisiana Citizens Property Insurance Corp. - the state's so-called insurer of last resort - solvent after the many claims that followed hurricanes Katrina and Rita.

The deadline for claiming state tax rebates for the 2008 assessment is Dec. 31.

A news release from state Insurance Commissioner Jim Donelon says 52 percent of the $100 million in Citizens assessments for 2008 remains unclaimed.

Policyholders can also visit www.revenue.louisiana.gov and follow links to a web application to help people claim their rebates if they have not yet done so.