Connecticut 2025 Regular Session

Connecticut Senate Bill SB00681 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 513 1 of 2
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55 General Assembly Proposed Bill No. 681
66 January Session, 2025
77 LCO No. 513
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1010 Referred to Committee on INSURANCE AND REAL ESTATE
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1313 Introduced by:
1414 SEN. SAMPSON, 16th Dist.
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1818 AN ACT EXEMPTING NONPROFIT ORGANIZATIONS FROM THE
1919 INSURANCE AND INDEMNITY BOND REQUIREMENTS.
2020 Be it enacted by the Senate and House of Representatives in General
2121 Assembly convened:
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2323 That section 14-29 of the general statutes be amended to exempt 1
2424 nonprofit organizations from the insurance and indemnity bond 2
2525 requirements applicable to certain motor vehicle owners pursuant to 3
2626 subsection (a) of said section, provided the Commissioner of Motor 4
2727 Vehicles finds that such nonprofit organization has maintained 5
2828 sufficient financial responsibility to meet legal liability for personal 6
2929 injury, death or damage resulting from or caused by the use or operation 7
3030 of a service bus owned or operated by such nonprofit organization. 8
3131 Statement of Purpose:
3232 To exempt nonprofit organizations from the insurance and indemnity
3333 bond requirements applicable to certain motor vehicle owners pursuant
3434 to subsection (a) of section 14-29 of the general statutes, provided the
3535 Commissioner of Motor Vehicles finds that such nonprofit organization
3636 has maintained sufficient financial responsibility to meet legal liability
3737 for personal injury, death or damage resulting from or caused by the use Proposed Bill No. 681
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4040 LCO No. 513 2 of 2
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4242 or operation of a service bus owned or operated by such nonprofit
4343 organization.