Legislature(2007 - 2008)

2007-03-07 Senate Journal

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2007-03-07                     Senate Journal                      Page 0483
Fiscal Year 2006 Annual Report                                                                                                  
from Kate Giard, Chair, Regulatory Commission of Alaska                                                                         
in accordance with AS 42.05.211 and AS 42.06.220                                                                                
available at: http://www.state.ak.us/rca                                                                                        
                                                                                                                                
                                                                                                                                
                          Standing Committee Reports                                                                         
                                                                                                                                
SB 68                                                                                                                         
The Labor and Commerce Committee considered SENATE BILL NO.                                                                     
68 "An Act requiring motor vehicle insurers to provide to the                                                                   
commissioner of administration a database listing vehicle insurance                                                             
policy information that will allow the commissioner to verify whether                                                           
mandatory motor vehicle insurance has been obtained, limiting access                                                            
to the database, establishing methods for proving that mandatory                                                                
motor vehicle insurance is in place, allowing the additional penalties                                                          
of suspending registration and vehicle impoundment and forfeiture for                                                           
failure to have mandatory motor vehicle insurance, and authorizing                                                              
hearings after suspension of registration for failure to have mandatory                                                         
motor vehicle insurance" and recommended it be replaced with                                                                    
                                                                                                                                
          CS FOR SENATE BILL NO. 68(L&C) "An Act                                                                                
          requiring motor vehicle insurers to provide to the                                                                    
          commissioner of administration vehicle insurance                                                                      
          policy information to allow the commissioner to                                                                       
          verify whether mandatory motor vehicle insurance                                                                      
          has been obtained and limiting access to the                                                                          
          information; requiring proof of mandatory insurance                                                                   
          coverage when a person applies for or renews motor                                                                    
          vehicle registration; and allowing the additional                                                                     
          penalties of vehicle impoundment and forfeiture for                                                                   
          failure to have mandatory motor vehicle insurance."                                                                   
                                                                                                                                
Signing do pass: Senator Ellis, Chair; Senators Davis, Stevens.                                                                 
Signing do not pass: Senator Bunde. Signing amend: Senator                                                                      
Hoffman.                                                                                                                        
                                                                                                                                
The following fiscal information was published today:                                                                           
     Fiscal Note No. 1, Department of Administration                                                                            
          Fiscal Note No. 2, zero, Department of Commerce, Community                                                           
       and Economic Development