Attorney General No.

SA88RF0008

Secretary of State No.

453

Description

DRIVER AND VEHICLE INSURANCE. TAXES AND FEES. INITIATIVE STATUTE. Insures all drivers against accident liability (property and personal injury) for $20,000 from a tax on gasoline (or any fuel), oil, and tires. Covers vehicles with commercial plates for $20,000 and requires additional private insurance for $100,000 minimum. Imposes surcharge if owners do not have proof of insurance at registration. Impounds vehicles without insurance or paid-up surcharge and permits sale for costs if unclaimed. Increases certain DMV vehicle registration fees. Requires Governor to increase tax and registration fees to cover costs plus 1% if fund will have deficit. Indexes for inflation. The Legislative Analyst and Director of Finance conclude after analysis of the proposed initiative that they are unable to estimate its fiscal effect on State and local government.

Proponents

David Edwin Kaye, 4860 Long Beach Blvd., Long Beach, California 90805

Date

4-27-1988

Document Type

Initiative

Qualified

Failed to Qualify

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