PROPOSED
HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2609
(Reference to printed bill)
Page 1, line 4, strike "credit" insert "underpayment; refund; audit"
Line 14, after "AMOUNT" strike remainder of line
Strike line 15
Line 16, strike "AUTHORITY FEES"; after the first "A" insert "written"; strike "OR CREDIT"
Line 17, after "AUTHORITY" insert "within one year after the date that the overpaid assessment was due and payable pursuant to the dates specified in section 41-3451, subsection j," after "OR" insert "any other";
Line 18, strike "substantiating" insert "satisfactory to the director to substantiate"; after "THE" insert "actual"; after the period insert: "The director shall approve or deny a refund of the amount specified in the insurer’s request. If the director approves a refund request the director shall refund to the insurer the amount specified in the insurer’s request from the automobile theft authority fund established by section 41-3451.
C. An insurer who has underpaid the fee prescribed by section 41-3451 shall transmit to the automobile theft authority within sixty days after the fee was due and payable on the dates specified in section 41-3451, subsection j, the difference between the total amount that was due and payable and the total amount that the insurer actually paid for deposit in the automobile theft authority fund.
D. The director may audit an insurer that issues motor vehicle liability insurance policies in this state for the purposes of determining whether the insurer is in compliance with this chapter. The expenses of an audit conducted under this subsection shall be paid by the insurer."
Reletter to conform
Amend title to conform