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HR 1704 107th Congress House Transportation and Public Works Automobile insurance Choice of law Civil actions and liability Commerce Consumer education Consumer protection Crime and Law Enforcement Damages Drug abuse Drunk driving Federal preemption Finance and Financial Sector Fraud Government Operations and Politics Government publicity Insurance agents Insurance companies Insurance premiums Insurance rates

Auto Choice Reform Act of 2001

Introduced: May 3, 2001 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 2001
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
May 3, 2001
Referred to the House Committee on Financial Services.
May 3, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Auto Choice Reform Act of 2001 - Authorizes motor vehicle insurers to offer a choice between the personal injury protection and tort maintenance systems prescribed by this Act.

Deems persons who fail to select a type of insurance to have elected insurance under the tort maintenance system.

Authorizes the appropriate State official to establish a consumer notification program regarding: (1) the comparative cost of insurance under the personal injury protection and tort maintenance systems; and (2) the benefits, rights, and obligations of the insurers and insureds under such systems. Requires insurers to provide such information to a consumer before the consumer chooses insurance.

Prescribes minimum requirements for the personal injury protection system and the tort maintenance system.

Exempts a State from application of this Act if the State: (1) declares by statute by a specified date that this Act shall not apply; or (2) finds that average premiums will not be reduced by an average of at least 30 percent for persons choosing the personal injury protection system.

What's happening now May 14, 2001

Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1