PROOF OF INSURANCE S.B. 988: FLOOR ANALYSIS
Senate Bill 988 (as reported without amendment) Sponsor: Senator Michael J. Bouchard Committee: Financial Services
The bill would amend the Insurance Code to change a reference to a subsection relating to an exception to the requirement that a vehicle owner provide the Secretary of State with a copy of a certificate of automobile insurance when registering or renewing registration on the vehicle. That exception, which was added by Public Act 288 of 1995, involves the Secretary of State’s acceptance, as proof of vehicle insurance, of transmission of the vehicle identification number by a private insurance verification board.
MCL 500.3101a Legislative Analyst: P. Affholter
The bill would have no fiscal impact on State or local government.
Date Completed: 5-10-96 Fiscal Analyst: B. Bowerman
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This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.