Bill Text: IN SB0539 | 2011 | Regular Session | Introduced
Bill Title: Financial responsibility verification system.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2011-01-18 - First reading: referred to Committee on Homeland Security, Transportation and Veterans Affairs [SB0539 Detail]
Download: Indiana-2011-SB0539-Introduced.html
Citations Affected: IC 9-29-5-0.5; IC 9-25-11.
Synopsis: Financial responsibility verification system. Requires the
bureau of motor vehicles to establish and implement a financial
responsibility verification system. Specifies requirements and reporting
related to the financial responsibility verification system. Allows the
bureau to charge a registration fee to pay for the financial responsibility
verification system. Makes an appropriation.
Effective: July 1, 2011.
January 18, 2011, read first time and referred to Committee on Homeland Security,
Transportation & Veterans Affairs.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
A BILL FOR AN ACT to amend the Indiana Code concerning
motor vehicles and to make an appropriation.
(b) In addition to the fees to be collected for the registration of a vehicle as set forth in:
(1) IC 9-29-5-1; and
(2) IC 9-29-5-2;
the bureau shall collect an additional fee of thirty cents ($0.30) at the time of the registration. The fee collected under this subsection shall be deposited into the spinal cord and brain injury fund under IC 16-41-42.2-3.
(c) In addition to the fees to be collected for the registration of a truck greater than zero (0) pounds declared gross weight but equal to or less than ten thousand (10,000) pounds declared gross weight, as set forth in section 3 of this chapter, the bureau shall collect an additional fee of thirty cents ($0.30) at the time of the registration. The fee
collected under this subsection shall be deposited into the spinal cord
and brain injury fund under IC 16-41-42.2-3.
(d) In addition to the fees to be collected for the registration of
a vehicle as set forth in this chapter, the bureau may collect an
additional fee of seventy-five cents ($0.75) at the time of the
registration. A fee collected under this subsection must be
deposited into the financial responsibility verification system fund
established by IC 9-25-11-5.
SECTION 2. IC 9-25-11 IS ADDED TO THE INDIANA CODE AS
A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2011]:
Chapter 11. Financial Responsibility Verification System
Sec. 1. (a) The bureau shall, not later than January 1, 2012,
establish and implement a financial responsibility verification
system that:
(1) provides reliable information; and
(2) is:
(A) continuously accessible to; and
(B) the method used by;
law enforcement officers and other persons authorized by the
bureau;
to determine whether financial responsibility is in effect for a
motor vehicle as required by this article.
(b) The bureau may contract with a private organization to
establish, implement, and maintain the financial responsibility
verification system required by subsection (a).
Sec. 2. The financial responsibility verification system must be
designed in a manner that allows for timely verification as follows:
(1) By the bureau:
(A) at the time of registration, and registration renewal, of
a motor vehicle;
(B) upon receiving notice under section 4 of this chapter;
and
(C) at least every two (2) months.
(2) Upon request of a law enforcement officer in the course of
the officer's immediate duties.
Sec. 3. The following persons shall comply with rules adopted by
the bureau under section 9 of this chapter:
(1) An insurer that issues a motor vehicle liability insurance
policy described in IC 9-25-4-4(a)(1).
(2) A surety company that executes a bond described in
IC 9-25-4-4(a)(2).
(3) The bureau for the issuance of a certificate of
self-insurance described in IC 9-25-4-4(a)(3).
Sec. 4. The owner of a motor vehicle registered in Indiana shall,
within a period determined by the bureau, notify the bureau of any
change to the method or effectiveness of financial responsibility for
the motor vehicle for the financial responsibility verification
system.
Sec. 5. (a) The financial responsibility verification system fund
is established solely for the purpose of funding the establishment,
implementation, and maintenance of the financial responsibility
verification system required by section 1 of this chapter. The fund
shall be administered by the bureau.
(b) The fund consists of fees collected under IC 9-29-5-0.5(d).
(c) The expenses of administering the fund shall be paid from
money in the fund.
(d) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested. Interest that
accrues from these investments shall be deposited in the fund.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
(f) Money in the fund is annually appropriated to the bureau for
the uses described in subsection (a).
Sec. 6. A person described in section 3 of this chapter is immune
from civil and administrative liability for good faith efforts to
comply with this chapter.
Sec. 7. Information contained in the financial responsibility
verification system that would allow identification of a specific
person is confidential and is accessible only to individuals
described in section 1 of this chapter.
Sec. 8. (a) The bureau shall, not later than January 1, 2014,
report to the general assembly in an electronic format under
IC 5-14-6 concerning the:
(1) cost incurred in relation to the financial responsibility
verification system by:
(A) the bureau;
(B) persons described in section 3 of this chapter; and
(C) the public; and
(2) effectiveness of the financial responsibility verification
system in reducing the number of uninsured motor vehicles in
Indiana.
(b) This section expires July 1, 2014.
Sec. 9. (a) The bureau shall adopt rules under IC 4-22-2 to
implement this chapter.
(b) Rules adopted under subsection (a) must include the method
and required periods for verifications required by this chapter.
