SB 0969 Exempts special passenger trains from certain liability insurance requirements
LR Number:4172L.01I Fiscal Note:4172-01
Last Action:02/22/00 - Hearing Conducted S Transportation Committee-Consent Journal page:
Effective Date:August 28, 2000
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Current Bill Summary

SB 969 - This act exempts persons owning or operating special passenger trains from carrying more than $10,000,000 of liability insurance per occurrence. Special passenger trains are defined as passenger trains which do not exceed 35 miles per hour over a common carrier railroad or railroad authority. The insurance policy covering such special passenger trains shall not have a self-insured retention or deductible or more than $100,000.