The bill amends Minnesota Statutes 2024, section 297I.11, subdivision 1, to modify the types of automobiles that require insurers to collect a surcharge for comprehensive insurance coverage. The current law mandates a surcharge of 50 cents per vehicle every six months, which is not considered a premium for any purpose and must be separately stated on billing or policy declarations. Insurers are required to remit the collected surcharge revenue to the commissioner of revenue for the automobile theft prevention program.

The amendments include the removal of commuter vans from the list of covered vehicles and the addition of fleet vehicles and recreational vehicles to the types of automobiles subject to the surcharge. Additionally, the bill clarifies that no vehicle with a gross vehicle weight exceeding 10,000 pounds is included in this definition. These changes aim to broaden the scope of vehicles that contribute to the surcharge while ensuring that the revenue continues to support automobile theft prevention efforts.

Statutes affected:
Introduction: 297I.11