SB2325 SD1

Report Title:

Motor Vehicle Insurance; Drivers Education Fund

 

Description:

Raises the drivers education fund underwriters fee from $2 to $3 a year on each motor vehicle; allocates one-third of fees to the judiciary program and two-thirds to the department of education programs. (SD1)

THE SENATE	S.B. NO.	2325
TWENTY-FIRST LEGISLATURE, 2002		S.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

 

relating to motor vehicle insurance.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 431:10C-115, Hawaii Revised Statutes, is amended as follows:

1. By amending subsection (a) to read:

"(a) The commissioner shall assess and levy upon each insurer, and self-insurer, a drivers education fund underwriters fee of [$2] $3 a year on each motor vehicle insured by each insurer or self-insurer. This fee is due and payable on an annual basis by means and at a time to be determined by the commissioner."

2. By amending subsection (c) to read:

"(c) The commissioner shall allocate the fees deposited for each fiscal year in the following manner:

(1) [Fifty per cent] One-third to the commissioner to be expended for the operation of the drivers education program provided in section 286-128(d); and

(2) [Fifty per cent] Two-thirds to the director of commerce and consumer affairs for:

(A) The drivers education program administered by the department of education for high school students; and

(B) The traffic safety education program established and administered by the department of education pursuant to section 302A-417."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.