HB 284 Summary

• Waives the $3.50 fee for filing release of liability statements when transactions are filed electronically with the Department of Motor Vehicles.

• Changes the insurance verification system requirement for insurers to report data to the verification system from monthly to at least weekly.

• Increases the initial notice period for vehicle owners lacking financial responsibility from 30 days to 60 days before registration suspension, and establishes a 10-day final notice period.

• Permits insurance companies to report data indicating vehicles placed in storage to suspend insurance coverage lawfully under Idaho Code, with the department marking such registrations as exempt from suspension.

• Takes effect July 1, 2023, with an emergency declaration.