The bill amends AS 28.20.330(b) to specify the duration for which proof of financial responsibility must be maintained following a judgment. The new language states that this proof must be kept for one year from the date the judgment is either stayed or satisfied.
Additionally, the bill removes the previous requirement that proof of financial responsibility be maintained during the period the individual holds a license or nonresident's operating privilege. This change aims to clarify the obligations of individuals regarding financial responsibility in relation to judgments.
Statutes affected: HB0214A, AM HB 214, introduced 04/30/2025: 28.20.330