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F I S C A L I M P A C T R E P O R T

SPONSOR:	Kidd		DATE TYPED:	02/04/02		HB
SHORT TITLE:		Primary Liability for Dealer-owned Cars				SB	395
					ANALYST:		Valenzuela

APPROPRIATION

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates/Relates to Appropriation in The General Appropriation Act

SOURCES OF INFORMATION

LFC files

Public Regulation Commission (PRC)

SUMMARY

Synopsis of Bill

Senate Bill 395 amends the Motor Vehicle Assigned Risk Law by eliminating subsection A of the assignment of primary liability provision, which currently prohibits automobile dealerships from to transferring insurance coverage responsibility to its customers who are borrowing the dealership-owned vehicles.

FISCAL IMPLICATIONS

Senate Bill 395 does not carry an appropriation and would not have an administrative or fiscal impact on the Public Regulation Commission.

MFV/ar