Establishes "Automobile Accident Injury Fund."
This bill establishes a permanent "Automobile Accident Injury Fund" within New Jersey's Department of Banking and Insurance. It provides coverage for medical costs incurred by individuals injured in accidents involving a stolen vehicle, specifically when the injured person has no health insurance or automobile insurance that covers the medical expenses. The fund covers these costs regardless of whether the stolen vehicle was properly insured under state law. The Department of Banking and Insurance will manage the fund, create application procedures, and determine payment amounts for eligible applicants. This directly affects uninsured residents injured by stolen vehicles, addressing gaps when personal insurance fails to cover treatment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2026
Last action Feb 19, 2026
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 19, 2026
Introduced
Introduced, Referred to Assembly Financial Institutions and Insurance Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shanique Speight
DDemocratic
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