·HB 2009 establishes a joint study committee (nine
members) on mandatory vehicle insurance. The Speaker of the House, the
President of the Senate and the Governor shall each appoint these members.
·The committee shall submit a report of its findings to
the Speaker of the House, the President of the Senate and the Governor by December
1, 2000. This act will be repealed on December 31, 2000.
·The committee is required to conduct hearings that
examine mandatory motor vehicle insurance requirements, the economic impact
mandatory auto insurance has on Arizona citizens and the efficacy of requiring
mandatory auto insurance to compensate accident victims.
HB2009 passed the Banking and Insurance
Committee unamended.