April 5, 2011





ENGROSSED

SENATE BILL No. 293

_____


DIGEST OF SB 293 (Updated March 31, 2011 3:31 pm - DI 97)



Citations Affected: IC 9-16.

Synopsis: License branch contractor insurance. Limits the liability insurance coverage requirement for a partial service license branch contractor to $2 million and requires indemnification of the bureau of motor vehicles commission for additional liability.

Effective: July 1, 2011.





Holdman, Wyss, Lanane
(HOUSE SPONSOR _ MAHAN)




    January 6, 2011, read first time and referred to Committee on Homeland Security, Transportation & Veterans Affairs.
    January 18, 2011, reported favorably _ Do Pass.
    January 20, 2011, read second time, ordered engrossed.
    January 21, 2011, engrossed.
    January 25, 2011, read third time, passed. Yeas 49, nays 0.

HOUSE ACTION

    March 28, 2011, read first time and referred to Committee on Insurance.
    April 4, 2011, reported _ Do Pass.






April 5, 2011

First Regular Session 117th General Assembly (2011)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2010 Regular Session of the General Assembly.


ENGROSSED

SENATE BILL No. 293



    A BILL FOR AN ACT to amend the Indiana Code concerning motor vehicles.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 9-16-1-4.5; (11)ES0293.1.1. -->     SECTION 1. IC 9-16-1-4.5, AS AMENDED BY P.L.210-2005, SECTION 18, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2011]: Sec. 4.5. (a) The commission may contract with a qualified person to provide partial services at a qualified person's location, including locations within a facility used for other purposes, such as electronic titling and title application services and self-serve terminal access.
    (b) A contract for providing motor vehicle registration and renewal services at a location must include the following provisions:
        (1) The contractor must provide trained personnel to properly process motor vehicle registration and renewal transactions.
        (2) The contractor shall do the following:
            (A) Collect and transmit all bureau fees and taxes collected at the contract location.
            (B) Deposit the taxes collected at the contract location with the county treasurer in the manner prescribed by IC 6-3.5 or IC 6-6-5.
        (3) The contractor shall provide fidelity bond coverage in an amount prescribed by the commission.
         (4) The contractor shall provide:
            (A) liability insurance coverage in an amount not to exceed two million dollars ($2,000,000) per occurrence, as prescribed by the commission; and
            (B) indemnification of the commission for any liability in excess of the amount of coverage provided under clause (A), not to exceed five million dollars ($5,000,000) per occurrence.

        (4) (5) The contractor shall pay the cost of any post audits conducted by the commission or the state board of accounts on an actual cost basis.
        (5) (6) The commission must approve each location and physical facility used by a contractor.
        (6) (7) The term of the contract must be for a fixed period.