Bill
Bill > H1227
MA H1227
MA H1227To increase limits of liability bonds and policies to protect consumers involved in motor vehicle collisions
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to increase limits of liability bonds and policies to protect consumers involved in motor vehicle collisions. Financial Services.
AI Summary
This bill aims to increase the limits of liability bonds and policies to protect consumers involved in motor vehicle collisions. Specifically, it proposes to amend Section 34A of Chapter 90 of the General Laws to change the liability coverage limits from $20,000 to $50,000 for bodily injury or death of one person, and from $40,000 to $100,000 for bodily injury or death of two or more people in a single accident. These changes are intended to provide greater financial protection for consumers in the event of a motor vehicle collision.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H5003 (on 08/25/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H1227 |
| Bill | https://malegislature.gov/Bills/192/H1227.pdf |
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