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

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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

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PRINTER'S NO. 1770
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 1339 Session of2011
INTRODUCED BY D. WHITE, YAW, ALLOWAY AND GREENLEAF, NOVEMBER 14, 2011
REFERRED TO BANKING AND INSURANCE, NOVEMBER 14, 2011
AN ACT
Amending Title 75 (Vehicles) of the Pennsylvania Consolidated
Statutes, in financial responsibility, further providing for
definitions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The definition of "financial responsibility" in
section 1702 of Title 75 of the Pennsylvania Consolidated
Statutes is amended to read:
§ 1702. Definitions.
The following words and phrases when used in this chapter
shall have the meanings given to them in this section unless the
context clearly indicates otherwise:
* * *
"Financial responsibility." The ability to respond in
damages for liability on account of accidents arising out of the
maintenance or use of a motor vehicle in the minimum amount of
[$15,000] $30,000 because of injury to one person in any one
accident, in the minimum amount of [$30,000] $60,000 because of
injury to two or more persons in any one accident and in the
minimum amount of [$5,000] $10,000 because of damage to property
of others in any one accident. The financial responsibility
shall be in a form acceptable to the Department of
Transportation.
* * *
Section 2. This act shall apply to any private passenger
motor vehicle liability insurance policy issued or renewed 90
days after the effective date of this section.
Section 3. This act shall take effect immediately.
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