House committee substitute deletes the provisions of the 1st edition and instead provides as follows.

Directs the Department of Transportation (DOT) to study and evaluate a pilot implementation of a maximum speed limit of 75 miles per hour on up to four controlled access highways. Requires that the study and pilot implementation include five elements, including evaluating the effect of a 75 miles per hour speed limit on motor vehicle insurance rates and analyzing the effect of a 75 miles per hour speed limit on the current state penalty structure for speeding and possible changes to that structure. Requires DOT to report to the Joint Legislative Transportation Oversight Committee on its findings and recommendations by January 31, 2014. Requires the report to include a proposal for a pilot program on up to four segments of controlled access highways.

Updates the act's titles.