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Bill > A4788


NJ A4788

NJ A4788
Establishes "Automobile Accident Injury Fund."


summary

Introduced
10/17/2022
In Committee
10/17/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Establishes "Automobile Accident Injury Fund."

AI Summary

This bill establishes the "Automobile Accident Injury Fund" within the New Jersey Department of Banking and Insurance. The fund will be used to cover medical costs for individuals injured in automobile accidents where the vehicle was stolen at the time of the accident, and the injured individual's health or auto insurance does not cover the costs. The bill outlines the process for eligible individuals to apply for payments from the fund, and requires the Department to issue payments without regard to whether the stolen vehicle was adequately insured. The bill takes effect 180 days after enactment.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 10/17/2022)

bill text


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