SB 0722 Increases length of revocation periods and amount of liability insurance that must be carried by certain drivers
Sponsor:Jacob
LR Number:2606S.01I Fiscal Note:2606-01
Committee:Small Business, Insurance & Industrial Relations
Last Action:02/11/04 - Hearing Conducted S Small Business, Insurance and Journal page:
Industrial Relations Committee
Title:
Effective Date:August 28, 2004
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Current Bill Summary

SB 722 - Under this act, a person whose driver's license has been revoked due to accumulating 12 points within 12 months, 18 points within 24 months, or 24 points within 36 months shall be required to carry liability insurance in the amount of 50/100/20 ($50,000 death or bodily injury of one person, $100,000 for two or more persons, $25,000 property damage) in order to have his or her license reinstated.

SECOND REVOCATION - If a person's license is revoked a second time, then the person must file proof of financial responsibility with the department of revenue in the following amounts in order to have his or her license reinstated:

1. $75,000 death or bodily injury of one person 2. $150,000 for two or more persons 3. $50,000 property damage.

The revocation period for a person whose license is revoked due to excessive points for a second time is increased to three years.

THIRD REVOCATION - If a person's license is revoked a third time, then the person must file proof of financial responsibility with the department of revenue in the following amounts in order to have his or her license reinstated:

1. $100,000 death or bodily injury of one person 2. $200,000 for two or more persons 3. $75,000 property damage.

The revocation period for a person whose license is revoked due to excessive points for a third or subsequent time is increased to five years.

FOURTH OR SUBSEQUENT REVOCATION - If a person's license is revoked a fourth or subsequent time, then the person must file proof of financial responsibility with the Department of Revenue in the following amounts in order to have his or her license reinstated:

1. $250,000 death or bodily injury of one person 2. $500,000 for two or more persons 3. $100,000 property damage.

The revocation period for a person whose license is revoked due to excessive points for a fourth time is increased to seven years. The revocation period for a person whose license is revoked due to excessive points for a fifth or subsequent time is increased to ten years.
STEPHEN WITTE