Bill > HB681

This bill amends and reenacts Louisiana Revised Statute 32:863(A)(3)(a) to lessen and cap the sanctions for lapse in required vehicle insurance security. The key provisions include: - Reducing the reinstatement fee for a lapse in required insurance coverage from $100-$500 to a flat $75 fee, except if the lapse was for 10 days or less and the license plate is surrendered, or if it was the insured's first violation and the lapse was for 5 days or less. - Capping the total reinstatement fees for multiple violations within a 5-year period at $850 for Paragraph (1) violations and $1,075 for Paragraph (2) violations. - Limiting the total fees, including administrative fees, to $250 for persons 65 years or older. - Removing the previous requirement that all fees be considered final delinquent debt after 60 days.

Budget and Finance, Transportation and Infrastructure

https://www.legis.la.gov/legis/BillInfo.aspx?s=24rs&b=HB681&sbi=y