AZ HB2329

Establishes a semiannual renewal fee on automobile and motor vehicle liability insurance policies, with the fee amount to be determined by the Director of Insurance.

Requires all fees collected annually to cover the projected annual budget for the highway patrol division of the Department of Public Safety.

Directs the Director of Insurance to deposit collected monies into the Arizona Highway Patrol Fund established under section 41-1752.

Adds monies from insurance renewal fees (section 20-269) as a new revenue source for the Arizona Highway Patrol Fund.

Requires a two-thirds affirmative vote in each house of the legislature for enactment, and becomes effective immediately upon the governor's signature.