THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

INTRODUCED BY HUGHES, FONTANA, TARTAGLIONE, LEACH AND WASHINGTON, SEPTEMBER 1, 2010

REFERRED TO BANKING AND INSURANCE, SEPTEMBER 1, 2010  

AN ACT

Amending Title 75 (Vehicles) of the Pennsylvania Consolidated

Statutes, further defining "financial responsibility."

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  The definition of "financial responsibility" in

section 1702 of Title 75 of the Pennsylvania Consolidated

Statutes is amended to read:

§ 1702.  Definitions.

The following words and phrases when used in this chapter

shall have the meanings given to them in this section unless the

context clearly indicates otherwise:

* * *

"Financial responsibility."  The ability to respond in

damages for liability on account of accidents arising out of the

maintenance or use of a motor vehicle in the minimum amount of

[$15,000] $30,000 because of injury to one person in any one

accident, in the minimum amount of [$30,000] $60,000 because of

injury to two or more persons in any one accident and in the

minimum amount of [$5,000] $10,000 because of damage to property

of others in any one accident. The financial responsibility

shall be in a form acceptable to the Department of

Transportation.

* * *

Section 2.  This act shall take effect in 60 days.