79R5360 JRJ-D

By:  Leibowitz                                                    H.B. No. 1390


A BILL TO BE ENTITLED
AN ACT
relating to the minimum amounts of motor vehicle liability insurance coverage required to establish financial responsibility. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 601.072(a), Transportation Code, is amended to read as follows: (a) The minimum amounts of motor vehicle liability insurance coverage required to establish financial responsibility under this chapter are: (1) $30,000 [$20,000] for bodily injury to or death of one person in one accident; (2) $60,000 [$40,000] for bodily injury to or death of two or more persons in one accident, subject to the amount provided by Subdivision (1) for bodily injury to or death of one of the persons; and (3) $30,000 [$15,000] for damage to or destruction of property of others in one accident. SECTION 2. Section 601.072, Transportation Code, as amended by this Act, applies only to a motor vehicle liability insurance policy that is delivered, issued for delivery, or renewed on or after the effective date of this Act. A motor vehicle liability insurance policy that is delivered, issued for delivery, or renewed before the effective date of this Act is governed by the law as it existed immediately before the effective date of this Act, and that law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2005.