Louisiana 2024 2024 Regular Session

Louisiana House Bill HB681 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 681 Engrossed	2024 Regular Session	Jordan
Abstract:  Changes the reinstatement fees for lapse in required vehicle security and modifies the
time frames.
Present law provides for a reinstatement fee when the secretary determines that a vehicle is not
covered by security of $100 for one to 30 days, $250 for 31 to 90 days, and $500 for more than 90
days.
Proposed law changes the reinstatement fee to $75 for a lapse in coverage regardless of the length
of time of the lapse.
Present law provides an $850 cap for fees for violations of R.S. 32:863(A)(1), in which the secretary
determines a vehicle is not covered by security as required by present law or that the owner or lessee
has allowed the security to lapse, that are reinstated within 60 days of notice of cancellation.
Proposed law eliminates the limitation for the $850 cap for violations of R.S. 32:863(A)(1), in which
the secretary determines a vehicle is not covered by security as required by present law or that the
owner or lessee has allowed the security to lapse, to only apply within 60 days of notice.
Proposed law provides a five-year time frame during which the $850 cap is applicable.
Present law specifies that after 60 days from the date of notice, the $850 cap on reinstatement fees
do not apply for persons under 65.
Proposed law eliminates the 60-day window for the cap applicability to those under the age of 65.
(Amends R.S. 32:863(A)(3)(a))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Transportation, Highways and
Public Works to the original bill:
1. Change the reinstatement fee from a varying amount depending on the length of the
vehicle security lapse to a flat $75 fee regardless of the length of the lapse in security.
2. Eliminate the limitation for the $850 cap on reinstatement fees to only apply within 60 days of notice.
3. Provide a five-year time frame in which the $850 cap is applicable.
4. Eliminate the 60-day window for the $850 cap applicability to those under the age of 65.
5. Make technical changes.