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AK HB308
Bill
Status
Introduced
2/5/2024
Primary Sponsor
William Fields
Click for details
AI Summary
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Amends AS 28.20.330(b) to change the proof of financial responsibility requirement period from "during the period the person has a license or nonresident's operating privilege" to a fixed three-year term.
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Proof of financial responsibility must now be maintained for three years from the date the judgment is stayed or satisfied, regardless of license status.
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Removes the previous requirement that tied proof of financial responsibility maintenance to active licensing status.
Legislative Description
Proof Of Insurance: Unsatisfied Judgments
Licensing
Last Action
REFERRED TO STATE AFFAIRS
2/5/2024
Committee Referrals
State Affairs2/5/2024
Full Bill Text
No bill text available