Loading chat...

OK SB1598

Bill

Official Source

Status

Introduced

2/6/2012

Primary Sponsor

Ralph Shortey

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Adds $150 fee for vehicle owners/operators who fail to comply with Oklahoma's Compulsory Insurance Law, in addition to existing fines of up to $250
  • Requires collected fees be transferred to the Insurance Department Anti-Fraud Revolving Fund
  • Exempts fees from standard General Revenue Fund transfers, dedicating them to local law enforcement grants, anti-fraud training, and public awareness campaigns about the Compulsory Insurance Law
  • Becomes effective July 1, 2012, with emergency clause for immediate implementation upon passage

Legislative Description

Compulsory Insurance Law; adding fee for failure to maintain insurance; depositing the fee into the Insurance Department Anti-Fraud Revolving Fund. Effective date. Emergency.

Motor Vehicles and Transportation

Last Action

Referred to Appr/Sub-Natural Resources

2/9/2012

Committee Referrals

Appropriations Natural Resources Sub2/9/2012
Appropriations2/7/2012

Full Bill Text

No bill text available