|
Senate Bill 1670 |
Senate Author: Staples |
|
Effective: 9-1-05 |
House Sponsor: Callegari |
Senate Bill 1670 amends the Transportation Code to provide for the creation of a motor vehicle financial responsibility verification program. The bill requires the Texas Department of Insurance, in consultation with the Department of Public Safety, the Texas Department of Transportation, and the Department of Information Resources, to establish a program for verification of whether owners of motor vehicles have established financial responsibility and to set forth certain goals for the program. It requires the agencies to jointly adopt rules, convene a working group, select and enter into a contract with an agent to develop, implement, operate, and maintain the program, and prohibits the contract from having a term of more than five years. The bill requires each insurance company providing motor vehicle liability insurance policies in this state to provide the necessary information to allow the agent to implement the program and prohibits the use of the information for any unauthorized purpose. The bill requires full implementation of the program for vehicles covered under a personal insurance policy before December 31, 2006.