Decreases reinstatement fees and increases grace periods for lapses in motor vehicle liability security.
Louisiana HB875 amends the reinstatement fees for lapses in motor vehicle liability security. It decreases the fees for lapses in coverage between one to 30 days, 31 to 90 days, and over 90 days. The bill also increases the grace period before the imposition of reinstatement fees to 30 days. If proof of required security is provided within 60 days of the notice, the total amount of fees to be paid is capped at $850 for certain violations and $1,075 for others.
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