SB 5147 - DIGEST |
Requires that an annual surcharge of two dollars per motor vehicle must be imposed on every motor vehicle liability insurance policy issued or renewed on or after the effective date of this act. The surcharge must be paid by the policyholder to the insurer. The insurer shall collect the surcharge and remit it to the department of revenue in accordance with RCW 82.32.045, which will collect, administer, audit, and enforce the surcharge. |
Declares that the surcharge is not to be considered premiums of the insurer and is not subject to premium taxes, however, nonpayment of the surcharge by the insured may be a valid reason for cancellation of the policy. |
Provides that two-thirds of the proceeds from the surcharge must be deposited into the state patrol highway account created in RCW 46.68.030 to be used for additional emphasis patrols in high-accident-corridor locations on state routes; and the remainder must be deposited into the highway safety fund created in RCW 46.68.060 to be used to create a county road high-accident-corridor emphasis patrol program. |