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CA AB601

Bill

Status

Passed

10/11/2009

Primary Sponsor

Martin Garrick

Click for details

Origin

State Assembly

2009-2010 Session

AI Summary

  • Extends a $0.30 annual special purpose assessment on each vehicle insured under policies issued in California until January 1, 2015 (previously set to expire January 1, 2010)
  • Allocates $0.20 of the assessment to fund Department of Insurance consumer service functions related to motor vehicle insurance, including rating, underwriting, claims, and investigations bureaus
  • Allocates $0.10 of the assessment to improve Department of Insurance consumer functions related to automobile insurance, including consumer complaint response and public information services
  • Permits the Department of Insurance and Department of Motor Vehicles to jointly propose using up to $0.05 of the assessment for informing consumers about low-cost automobile insurance programs, subject to legislative budget approval
  • Makes technical, nonsubstantive changes to existing law provisions regarding the special assessment structure

Legislative Description

Motor vehicle insurance: special assessments.

Last Action

Chaptered by Secretary of State - Chapter 247, Statutes of 2009.

10/11/2009

Committee Referrals

Appropriations7/13/2009
Rules6/3/2009
Appropriations4/22/2009
Insurance3/16/2009

Full Bill Text

No bill text available