Bill Text: MI HB5519 | 2017-2018 | 99th Legislature | Introduced
Bill Title: Vehicles; buses; insurance; revise requirements to reflect elimination of no-fault insurance. Amends sec. 10 of 1982 PA 432 (MCL 474.110). TIE BAR WITH: HB 5517'18
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-02-07 - Bill Electronically Reproduced 02/06/2018 [HB5519 Detail]
Download: Michigan-2017-HB5519-Introduced.html
HOUSE BILL No. 5519
February 6, 2018, Introduced by Reps. LaFave, Sheppard, Bellino, Theis and Kahle and referred to the Committee on Insurance.
A bill to amend 1982 PA 432, entitled
"Motor bus transportation act,"
by amending section 10 (MCL 474.110), as added by 2016 PA 349.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 10. (1) An applicant shall acquire the following
liability insurance coverage for acts or omissions of the applicant
as a motor carrier:
(a) For buses with a seating capacity of between 9 and 15
passengers, including the driver, bodily injury and property damage
liability insurance with a minimum combined single limit of
$1,500,000.00 for all persons injured or for property damage.
(b) For buses with a seating capacity of 16 or more
passengers, including the driver, bodily injury and property damage
liability insurance with a minimum combined single limit of
$5,000,000.00 for all persons injured or for property damage.
(c)
Personal protection insurance and property protection
insurance
as required by chapter 31 of the insurance code of 1956,
1956
PA 218, MCL 500.3101 to 500.3179.
(2) A motor carrier shall maintain the insurance coverage
described in subsection (1) as a condition of maintaining an
authority issued under this act. For each authorized seasonal
vehicle, a motor carrier shall maintain the insurance coverage
described in subsection (1) during the approved seasonal period.
(3) The insurance requirements of subsection (1) are waived if
the applicant qualifies for and obtains a certificate of self-
insurance
from the commissioner director
of the office department
of
financial and insurance and
financial services. under
section
3101d
of the insurance code of 1956, 1956 PA 218, MCL 500.3101d.
(4) Except as otherwise provided in this act, if a motor
carrier cancels the insurance coverage required under this section
for any reason or if the coverage level falls below the levels
provided in subsection (1), the authority issued to that motor
carrier is automatically revoked.
(5) A motor carrier shall grant notification rights to the
department for all insurance policies required under this act to
ensure that the department is notified of all activities related to
the policy, including cancellation and replacement.
Enacting section 1. This amendatory act takes effect January
1, 2020.
Enacting section 2. This amendatory act does not take effect
unless Senate Bill No. ____ or House Bill No. 5517 (request no.
04146'17) of the 99th Legislature is enacted into law.