05 LC 29
1712
Senate
Bill 234
By: Senators Tolleson of the 20th, Hudgens of the 47th, Zamarripa of the 36th, Hill of the 4th and Adelman of the 42nd
By: Senators Tolleson of the 20th, Hudgens of the 47th, Zamarripa of the 36th, Hill of the 4th and Adelman of the 42nd
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 40_2_137 of the Official Code of Georgia Annotated, relating
to definitions, notification of insurance coverage termination, and the lapse
fee, so as to provide for a ten_day period before lapse fees are applied for
termination of insurance coverage; to provide for related matters; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 40_2_137 of the Official Code of Georgia Annotated, relating to
definitions, notification of insurance coverage termination, and the lapse fee,
is amended by striking paragraph (1) of subsection (c) and inserting in lieu
thereof the following:
"(c)(1)
When proof of minimum motor vehicle insurance coverage is provided within the
time period specified in this Code section, but there has been a lapse of
coverage for a
period of more than ten days, the owner
shall remit a $25.00 lapse fee to the department. Failure to remit the lapse fee
to the department within 30 days of the date on which the notification was
mailed by the department will result in the suspension of the owner´s motor
vehicle registration by operation of law as if the proof had not been provided
in a timely manner as provided in paragraph (2) of this subsection. If any lapse
fee provided for in this Code section is paid to the county tax commissioner,
the county shall retain $5.00 thereof as a collection
fee."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.