.................... moves to amend H.F. No. 2858 as follows:
Page 4, delete section 4 and insert:
"Sec. 4. Minnesota Statutes 2012, section 168.128, subdivision 3, is amended to read:
Subd. 3. Insurance.
(a) The application must include a certificate of insurance
verifying that a valid commercial insurance policy is in effect and giving the name of the
insurance company and the number of the insurance policy. The policy must provide
stated limits of liability, exclusive of interest and costs, with respect to each motor vehicle
for which coverage is granted, of:
not less than
because of bodily injury to one person in any
and, subject to that limit for one person, of not less than $300,000 because
1.11 of injury to two or more persons in any one accident
1.12(2) not less than the minimum aggregate amount required under section 65B.135
not less than $100,000 because of injury to or destruction of property.
The insurance company must notify the commissioner if the policy is canceled or
if the policy no longer provides the coverage required by this subdivision.
The commissioner shall immediately notify the commissioner of
transportation if the policy of a person required to have a permit under section
canceled or no longer provides the coverage required by this subdivision.
1.20EFFECTIVE DATE.This section is effective July 1, 2014, and applies to coverage
1.21issued or renewed on or after that date.
Page 3, line 4, delete the new language