HLS 24RS-2082 ORIGINAL 2024 Regular Session HOUSE BILL NO. 879 BY REPRESENTATIVE FARNUM MOTOR CARRIERS: Provides relative to required insurance coverage applicable to trucks transporting waste 1 AN ACT 2To amend and reenact R.S. 45:163(D)(1), relative to insurance and indemnity bonds; to 3 eliminate the requirement for a three thousand dollar C.O.D. bond from common 4 carriers of freight by motor vehicles; to require trucks transporting specific products 5 to carry specific insurance coverages; to require certain coverage amounts on trucks 6 transporting waste; and to provide for related matters. 7Be it enacted by the Legislature of Louisiana: 8 Section 1. R.S. 45:163(D)(1) is hereby amended and reenacted to read as follows: 9 ยง163. Powers of commission; rates; insurance policies or bonds 10 * * * 11 D.(1) The commission shall require the following policies of insurance and 12 indemnity bonds: 13 (a) Three thousand dollars C.O.D. bond from all common carriers of freight 14 by motor vehicle. 15 (b)(a) Public liability and property damage insurance on trucks transporting 16 household goods and salt water utilized in oil well exploration and production and 17 passenger carrying vehicles operated by both common and contract carriers 18 providing coverage of two hundred fifty thousand dollars for injury or death to any 19 one person not to exceed five hundred thousand dollars per occurrence, and ten 20 twenty-five thousand dollars property damage. Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 24RS-2082 ORIGINAL HB NO. 879 1 (b) Public liability and property damage insurance for tow trucks or wreckers 2 providing coverage of not less than five hundred thousand dollars combined single 3 limits coverage. 4 (c) Public liability and property damage insurance on trucks transporting 5 waste by both common and contract carriers providing coverage of not less than one 6 million dollars combined single limits coverage and an excess or umbrella liability 7 policy of not less than four million dollars combined single limits coverage. 8 (c)(d) Public liability insurance on passenger buses providing coverage of 9 two hundred fifty thousand dollars for injury or death to any one person not to 10 exceed five hundred thousand dollars per occurrence, and property damage insurance 11 on passenger buses providing coverage of ten twenty-five thousand dollars. 12 * * * DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 879 Original 2024 Regular Session Farnum Abstract: Eliminates the requirement for a three thousand dollar C.O.D. bond from common carriers of freight by motor vehicles. Requires trucks transporting specific products to carry specific insurance coverages. Requires certain coverage amounts on trucks transporting waste. Present law specifies that the commission must require specific insurance policies and indemnity bonds including $3,000 bond from all common carriers of freight by motor vehicle, public liability and property damage insurance on trucks and passenger vehicles operated by common and contract carriers of $250,000 for injury or death up to $500,000 per occurrence and $10,000 for property damage. Proposed law removes the $3,000 bond requirement from common carriers, adds a qualification for the public liability and property damage insurance on trucks to only apply to trucks transporting household goods and salt water utilized in oil well exploration and production, and increases the property damage portion from $10,000 to $25,000. Present law further provides for public liability and property damage insurance for tow trucks or wreckers providing coverage of at least $500,000 combined single limits coverage. Proposed law retains present law. Proposed law adds a provision for public liability and property damage insurance on trucks transporting waste by both common and contract carriers providing coverage of not less than $1,000,000 combined single limits coverage and an excess or umbrella liability policy of at least $4,000,000 combined single limits coverage. Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 24RS-2082 ORIGINAL HB NO. 879 Present law provides for public liability insurance on passenger buses with coverage of $250,000 for injury or death to any one person not to exceed $500,000 per occurrence and property damage insurance on passenger buses providing coverage of $10,000. Proposed law changes the property damage coverage for passenger buses from $10,000 to $25,000. (Amends R.S. 45:163(D)(1)) Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions.