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AZ SB1124

Bill

Status

Introduced

1/19/2023

Primary Sponsor

David Farnsworth

Click for details

Origin

Senate

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • Amends Arizona Revised Statutes section 20-236 regarding civil penalties for insurers failing to respond to financial responsibility verification requests.

  • Requires insurers to respond in writing within 30 days to financial responsibility verification requests from the Department of Transportation as required under section 28-4143.

  • Imposes civil penalty of up to $250 per violation for failure to respond, with an aggregate cap of $20,000 per six-month period.

  • Director must conduct a hearing and find a violation based on Department of Transportation certification before imposing any penalty.

Legislative Description

Financial responsibility; verification; technical correction

Technical Correction

Last Action

Senate read second time

1/23/2023

Committee Referrals

Rules1/19/2023

Full Bill Text

No bill text available