California 2009 2009-2010 Regular Session

California Assembly Bill AB1597 Introduced / Bill

Filed 01/04/2010

 BILL NUMBER: AB 1597INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Jones JANUARY 4, 2010 An act to amend Section 11629.84 of the Insurance Code, relating to automobile insurance. LEGISLATIVE COUNSEL'S DIGEST AB 1597, as introduced, Jones. Low-cost automobile insurance. Existing law establishes, within the California Automobile Assigned Risk Plan, a low-cost automobile insurance program. Existing law establishes the low-cost automobile insurance program in several specified counties and makes the expansion to all other counties in California subject to a determination of need made by the Insurance Commissioner following a public meeting, as specified. Existing law provides for the issuance of automobile liability policies pursuant to this program under specified terms and conditions, and provides that a policy so issued satisfies specified requirements regarding financial responsibility. Existing law provides that the low-cost automobile insurance program shall remain in effect only until January 1, 2011. This bill would provide that the low-cost automobile insurance program would remain in effect until January 1, 2016. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 11629.84 of the Insurance Code is amended to read: 11629.84. This article shall remain in effect only until January 1,  2011,  2016,  and as of that date is repealed, unless a later enacted statute, that is enacted before January 1,  2011   2016  , deletes or extends that date.