Reduces the speed for owner liability for failure of operator to comply with certain posted maximum speed limits to more than seven miles per hour over such posted maximum speed limits.
Increases the fine for speeding, 1-10 mph in excess of posted speed limit in a residential or school zone, to $175 and increases the fine to $400 for speed in excess of 11 mph in a residential or school zone.
The amount of statutory fees, speed limitations on multilane highways, variable speed limits, alteration of maximum speed limits on state highways, speed zone reduction limitations, and city fines and penalties; to provide for a legislative management report; and to provide a penalty.
Requires posted speed limit on certain limited access highways be based on speed at which 85 percent of vehicles are traveling; designated as Speed Limit Sanity Act.