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Financial Responsibility Law - Increases the minimum amount of property damage liability insurance for motor vehicle policies from $10,000 to $15,000 for proof required after December 31, 2008. - Amends TCA Title 55, Chapter 12.

Fiscal Summary for *HB2549 / SB2657

State Revenue - Net Impact - Not Significant Increase State Expenditures - Not Significant Local Govt. Revenue - Net Impact - Not Significant Increase Local Govt. Expenditures - Not Significant

Latest Actions
  • 03/19/2008 - Companion became Public Chapter 616
  • 02/25/2008 - Companion Senate Bill Substituted
  • 02/25/2008 - Placed on Calendar House Regular Calendar (1) for 02/25/2008
  • 02/20/2008 - H. Placed on Regular Calendar for 2/25/08
  • 02/13/2008 - Placed on Calendar Calendar & Rules Committee for 02/19/2008

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Bill Text
File name Last Updated
HB2549 Bill Text PDF01/11/2008

Fiscal Notes
File name Last Updated
SB2657 Fiscal Notes PDF01/17/2008