AN ACT to amend Tennessee Code Annotated, Title 55, Chapter 12 and Title 55, Chapter 4, relative to motor vehicle financial responsibility.

As introduced, requires evidence of compliance with the financial responsibility law prior to registering vehicles; increases from $25 to $50 the coverage failure fee imposed by the department of revenue for the first failure to comply with the James Lee Atwood Jr. Law; increases that fee to $250 for a second failure to comply and to $500 for a third or subsequent failure to comply; allocates 50 percent of the fees to county clerks. - Amends TCA Title 55, Chapter 12 and Title 55, Chapter 4.