What should be done with surplus lines tax revenue according to Louisiana law?

According to Louisiana law, surplus lines tax revenue must be deposited with the state treasurer. This is consistent with regulations governing the handling of taxes collected from surplus lines insurance, which refers to coverage that is not available from admitted insurers in the state. By requiring these taxes to be deposited with the state treasurer, the law ensures that the revenue can be properly managed and utilized for state purposes, which may include funding essential services and programs.

The other options, while they might seem plausible in different contexts, do not align with the established legal framework for surplus lines tax revenue in Louisiana. For example, investing in local projects or distributing funds among participating states does not specifically adhere to state law requirements regarding the handling of this tax. Similarly, returning funds to policyholders does not follow the legal stipulations and would not ensure the revenue serves the collective interests of the state as designated.