Bill

Bill > H31


MA H31

Relative to motor vehicles and aircraft


summary

Introduced
04/13/2021
In Committee
02/24/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

So much of the recommendations of the Department of the State Treasurer (House, No. 25) as relates to motor vehicles and aircraft. Transportation.

AI Summary

This bill amends the Massachusetts General Laws related to motor vehicles and aircraft. Specifically, it removes the provision that allows individuals to deposit cash or securities with the state treasurer as an alternative to obtaining certain motor vehicle insurance coverage. The bill also requires the state treasurer to retain any existing cash or securities deposits for 5 years, after which time they may be refunded if no claims are pending against the depositor. Additionally, the bill requires the state treasurer to notify all depositors of these changes within 6 months of the bill's effective date.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/03/2023)

bill text


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