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CA AB1679
Bill
AI Summary
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Increases the maximum annual special purpose assessment on insurers from $1.00 to $1.36 per insured vehicle to fund investigation and prosecution of automobile insurance fraud and economic automobile theft.
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Increases the maximum annual special purpose assessment for the Organized Automobile Fraud Activity Interdiction Program from $0.50 to $0.74 per insured vehicle.
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Eliminates the requirement that $0.05 of the first assessment be spent by the Fraud Division and adjusts fund distribution to allocate 51% to district attorneys, 48% to the Fraud Division, and remaining funds to the California Highway Patrol.
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Changes subsection numbering in Section 1872.8 to renumber provisions related to district attorney applications, reporting requirements, and fiscal audits.
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Revises Section 1874.8 to modify fund distribution percentages for the Organized Automobile Fraud Activity Interdiction Program to 42.5% to district attorneys, 42.5% to the Fraud Division, and 15% to the California Highway Patrol.
Legislative Description
Motor vehicle insurance: fraud.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/3/2020