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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY HUGHES, TARTAGLIONE, LEACH AND FONTANA, APRIL 4, 2011 |
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| REFERRED TO BANKING AND INSURANCE, APRIL 4, 2011 |
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| AN ACT |
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1 | Amending Title 75 (Vehicles) of the Pennsylvania Consolidated |
2 | Statutes, further defining "financial responsibility." |
3 | The General Assembly of the Commonwealth of Pennsylvania |
4 | hereby enacts as follows: |
5 | Section 1. The definition of "financial responsibility" in |
6 | section 1702 of Title 75 of the Pennsylvania Consolidated |
7 | Statutes is amended to read: |
8 | § 1702. Definitions. |
9 | The following words and phrases when used in this chapter |
10 | shall have the meanings given to them in this section unless the |
11 | context clearly indicates otherwise: |
12 | * * * |
13 | "Financial responsibility." The ability to respond in |
14 | damages for liability on account of accidents arising out of the |
15 | maintenance or use of a motor vehicle in the minimum amount of |
16 | [$15,000] $30,000 because of injury to one person in any one |
17 | accident, in the minimum amount of [$30,000] $60,000 because of |
18 | injury to two or more persons in any one accident and in the |
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1 | minimum amount of [$5,000] $10,000 because of damage to property |
2 | of others in any one accident. The financial responsibility |
3 | shall be in a form acceptable to the Department of |
4 | Transportation. |
5 | * * * |
6 | Section 2. This act shall take effect in 60 days. |
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