If the ICBC dumpster fire is put out, the Attorney General says revenues will stay in the Crown corporation.

Dave Eby has proposed legislation to prevent money from being moved out of ICBC’s excess optional capital fund to pay for other government spending.

He says the BC Liberal government took $1.2 billion out of that fund between 2010 and 2016 to move to other programs.

Meanwhile, he says the auto insurer is on pace for a surplus in the upcoming 2020-21 fiscal year.

“The goal of this reform is an answer to concerns people might have about reforms we’re bringing in this spring. Sure, you’re going to pass on some savings to drivers, sure there will be improved benefits. But what happens when ICBC starts making money? Will government start using that as a way to transfer money into government general revenue instead of passing those savings onto drivers?”

Eby says the legislation would mean any surplus at ICBC could only be spent on cutting rates or improving coverage.