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CA AB601
Bill
Status
Passed
10/11/2009
Primary Sponsor
Martin Garrick
Click for details
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