HB1499 - Tennessee: Insurance, Motor Vehicles, Motor Vehicles, Motor Vehicles, Titling And Registration, Safety, Dept. Of, Titles, Short

Companion Bill SB1936. Insurance, Motor Vehicles - Enacts the "Mandatory Motor Vehicle Insurance Act of 2007." - Amends TCA Title 55 and Title 56. Fiscal Summary for *HB1499 / SB1936(CORRECTED) Increase State Expenditures - Exceeds $800,000 Recurring Exceeds $900,000 One-Time $19,800/Incarceration* 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 *HB1499 / SB1936 This bill prohibits the commissioner of safety from issuing or renewing any motor vehicle registration unless the application is accompanied by proof that the vehicle and its owner have met the requirements of the Tennessee Financial Responsibility Law of 1977. This bill requires every registration [...]

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