Arkansas House Bill HB1036

Arkansas 2023 Regular Session

• Introduced: 12/15/22
• Refer: 1/9/23

Caption

To Modify The Insurance Requirements Of A Scooter-share Operator Under The Electric Motorized Scooter Act.

Impact

The implications of HB 1036 are significant as they potentially reshape the risk landscape for scooter-share companies operating in Arkansas. By setting higher limitations for insurance coverage, the bill seeks to increase the financial responsibility of operators to manage risks associated with accidents and injuries that may occur during scooter usage. This change could reduce the burden on local governments and taxpayers who might otherwise face costs related to accidents involving shared scooters.

Summary

House Bill 1036 is designed to amend the insurance requirements for scooter-share operators under the Electric Motorized Scooter Act in Arkansas. The bill introduces specific coverage limits for various types of insurance that scooter-share operators must carry, specifically increasing general liability insurance and excess liability coverage. By modifying these requirements, the state aims to ensure higher standards of safety for both users of electric scooters and the general public, particularly in urban areas where scooter share services are prevalent.

Contention

While proponents argue that the bill enhances public safety and accountability among scooter-share operators, there may be contention regarding the impact of increased insurance requirements on the operational viability of smaller or emerging companies in the scooter-share market. Concerns have been raised that these higher costs could lead to fewer operators entering the market, potentially limiting consumer options. Additionally, the alteration in insurance mandates could spark debate on the balance between promoting transportation alternatives and ensuring that these services do not impose undue financial strain on operators.