HB0324 - Tennessee - Insurance, Motor Vehicles, Motor Vehicles, Titling And Registration

Companion Bill SB0560. Insurance, Motor Vehicles - Requires liability insurance be maintained on all motor vehicles operated in Tennessee; insurance companies shall notify division of financial responsibility when coverage is terminated; owner of motor vehicle has 60 days to obtain insurance coverage again. - Amends TCA Title 55 and Title 56. Fiscal Summary for *HB0324 / SB0560(CORRECTED) Increase State Expenditures - Exceeds $800,000 Recurring Exceeds $900,000 One-Time Increase State Revenues - Net Impact - Exceeds $8,000,000 Decrease Local Govt. Revenues - Net Impact - Exceeds $8,000,000 Increase Local Govt. Expenditures* - Exceeds $100,000 Bill Summary for *HB0324 / SB0560 This bill prohibits the commissioner of safety from issuing or renewing any motor vehicle registration unless the application is accompanied [...]

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