Bill > SF2258

This bill establishes the Minnesota Lifeline Insurance Program, which requires the Commissioner of Commerce to create a low-cost motor vehicle insurance program for low-income Minnesota residents. The program will offer affordable policies that meet the state's minimum coverage requirements, with premiums determined by the Commissioner and the facility responsible for administering the program. Eligible applicants must have a household income below 300% of the federal poverty level, have continuous driver's licensing for at least 3 years (with some exceptions), and meet other criteria related to driving history and insurance coverage. The bill also appropriates funds to the Commissioner of Commerce to develop the program.