HOUSE BILL 971021
BY REPRESENTATIVES Tucker and May;
also SENATOR Mutzebaugh.
CONCERNING PROOF OF FINANCIAL RESPONSIBILITY FOR
THE FUTURE REQUIREMENTS FOR FORMER COLORADO RESIDENTS.
Be it enacted by the General Assembly of the State
of Colorado:
SECTION 1. 427408,
Colorado Revised Statutes, 1993 Repl. Vol., as amended, is amended
BY THE ADDITION OF A NEW SUBSECTION to read:
427408. Proof of financial
responsibility methods of giving proof duration
exception. (6) (a) UPON
RECEIPT OF EVIDENCE FROM AN AGENCY OF ANOTHER STATE OR FOREIGN
JURISDICTION THAT A FORMER COLORADO RESIDENT HAS OBTAINED A LICENSE
IN SUCH STATE OR FOREIGN JURISDICTION, THE DIRECTOR SHALL SUSPEND
THE REQUIREMENT FOR PROOF OF FINANCIAL RESPONSIBILITY FOR THE
FUTURE UNTIL SUCH TIME AS THE FORMER RESIDENT HAS MADE APPLICATION
FOR A NEW COLORADO LICENSE.
(b) IF SUCH FORMER RESIDENT MAKES APPLICATION
FOR A COLORADO DRIVER'S LICENSE, THE DIRECTOR SHALL REINSTATE
THE REQUIREMENT FOR PROOF OF FINANCIAL RESPONSIBILITY FOR THE
FUTURE UNTIL SUCH TIME AS THE ORIGINAL REQUIREMENT TO MAINTAIN
PROOF OF FINANCIAL RESPONSIBILITY FOR THE FUTURE HAS EXPIRED.
SECTION 2. Effective
date applicability. This act shall take effect upon
passage, and shall apply to evidence received by the division
of motor vehicles on or after said date.
SECTION 3. Safety
clause. The general assembly hereby finds, determines, and
declares that this act is necessary for the immediate preservation
of the public peace, health, and safety.
____________________________ ____________________________
Charles E. Berry Tom Norton
SPEAKER OF THE HOUSE PRESIDENT OF
OF REPRESENTATIVES THE SENATE
____________________________ ____________________________
Judith M. Rodrigue Joan M. Albi
CHIEF CLERK OF THE HOUSE SECRETARY OF
OF REPRESENTATIVES THE SENATE
APPROVED________________________________________
_________________________________________
Roy Romer
GOVERNOR OF THE STATE
OF COLORADO