GREEN SHEET REDIGEST HB 879 2024 Regular Session Farnum MOTOR CARRIERS: Provides relative to required insurance coverage applicable to trucks transporting waste. DIGEST 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 nonhazardous waste, 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 $750,000 combined single limits coverage. 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 increases the property damage coverage for passenger buses from $10,000 to $25,000. (Amends R.S. 45:163(D)) Summary of Amendments Adopted by House The Committee Amendments Proposed by House Committee on Commerce to the original bill: 1. Make technical changes. 2. Require producers of waste to verify that a truck has proper coverage and impose a penalty for producers who do not comply. Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Commerce, Consumer Protection, and International Affairs to the engrossed bill 1. Remove the public liability and property damage insurance requirement on trucks transporting household goods and salt water utilized in oil well exploration and production and instead require public liability and property damage insurance on trucks transporting nonhazardous waste. 2. Change the amount of public liability and property damage insurance on trucks transporting waste by both common and contract carriers from not less than Page 1 of 2 Prepared by Xavier Alexander. $1,000,000 combined single limits coverage and an excess or umbrella liability policy of at least $4,000,000 combined single limits coverage to not less than $750,000 combined single limits coverage. 3. Remove requirement of producers of waste to verify that a truck has proper coverage and penalty for provision for failure to comply. 4. Make technical changes. Page 2 of 2 Prepared by Xavier Alexander.