Attorney General No.
Secretary of State No.
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.
David Edwin Kaye, 4860 Long Beach Blvd., Long Beach, California 90805
Failed to Qualify
Driver Vehicle Insurance. Taxes And Fees. California Initiative 453 (1988).