Bill Text: PA SB1339 | 2011-2012 | Regular Session | Introduced


Bill Title: In financial responsibility, further providing for definitions.

Spectrum: Slight Partisan Bill (Republican 5-2)

Status: (Introduced - Dead) 2011-11-14 - Referred to BANKING AND INSURANCE [SB1339 Detail]

Download: Pennsylvania-2011-SB1339-Introduced.html

  

 

    

PRINTER'S NO.  1770

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

SENATE BILL

 

No.

1339

Session of

2011

  

  

INTRODUCED BY D. WHITE, YAW, ALLOWAY AND GREENLEAF, NOVEMBER 14, 2011

  

  

REFERRED TO BANKING AND INSURANCE, NOVEMBER 14, 2011  

  

  

  

AN ACT

  

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Amending Title 75 (Vehicles) of the Pennsylvania Consolidated

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Statutes, in financial responsibility, further providing for

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definitions.

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The General Assembly of the Commonwealth of Pennsylvania

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hereby enacts as follows:

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Section 1.  The definition of "financial responsibility" in

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section 1702 of Title 75 of the Pennsylvania Consolidated

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Statutes is amended to read:

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§ 1702.  Definitions.

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The following words and phrases when used in this chapter

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shall have the meanings given to them in this section unless the

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context clearly indicates otherwise:

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* * *

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"Financial responsibility."  The ability to respond in

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damages for liability on account of accidents arising out of the

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maintenance or use of a motor vehicle in the minimum amount of

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[$15,000] $30,000 because of injury to one person in any one

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accident, in the minimum amount of [$30,000] $60,000 because of

 


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injury to two or more persons in any one accident and in the

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minimum amount of [$5,000] $10,000 because of damage to property

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of others in any one accident. The financial responsibility

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shall be in a form acceptable to the Department of

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Transportation.

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* * *

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Section 2.  This act shall apply to any private passenger

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motor vehicle liability insurance policy issued or renewed 90

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days after the effective date of this section.

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Section 3.  This act shall take effect immediately.

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