168A.40 Automobile theft prevention program.
Subdivision 1. Repealed, 2000 c 488 art 6 s 13
Subd. 2. Repealed, 2000 c 488 art 6 s 13
Subd. 3. Surcharge. Each insurer engaged in the writing of policies of automobile insurance shall collect a surcharge, at the rate of 50 cents per vehicle for every six months of coverage, on each policy of automobile insurance providing comprehensive insurance coverage issued or renewed in this state. The surcharge may not be considered premium for any purpose, including the computation of premium tax or agents' commissions. The amount of the surcharge must be separately stated on either a billing or policy declaration sent to an insured. Insurers shall remit the revenue derived from this surcharge at least quarterly to the commissioner of public safety for purposes of the automobile theft prevention program described in section 299A.75. For purposes of this subdivision, "policy of automobile insurance" has the meaning given it in section 65B.14, covering only the following types of vehicles as defined in section 168.011:
(1) a passenger automobile;
(2) a pick-up truck;
(3) a van but not commuter vans as defined in section 168.126; or
(4) a motorcycle,
except that no vehicle with a gross vehicle weight in excess of 10,000 pounds is included within this definition.
Subd. 4. Automobile theft prevention account. A special revenue account is created in the state treasury to be credited with the proceeds of the surcharge imposed under subdivision 3. Revenue in the account may be used only for the automobile theft prevention program described in section 299A.75.
* NOTE: This section, as added by Laws 1996, chapter 408, *article 2, section 1, is repealed effective January 1, 2002. *Laws 1996, chapter 408, article 2, section 16.
Official Publication of the State of Minnesota
Revisor of Statutes