Taxicab Insurance Amendment Act of 1999
Bill 13-31

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A BILL IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

Councilmembers David A. Catania and Phil Mendelson introduced the following bill, which was referred to the Committee on Finance and Revenue

To amend the District of Columbia Taxicab Commission Establishment Act of 1985 to permit all insurers authorized to sell motor vehicle insurance in the District of Columbia to offer insurance coverage to taxicabs.

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this ACT may be cited as the "Taxicab Insurance Amendment Act of 1999".

Sec. 2. Section l 5(e), (f), and (g) of the District of Columbia Taxicab Commission Establishment Act of 1985, effective March 25, 1986 (D.C. Law 6-97; D.C. Code §40-1714), are amended to read as follows:

"(e) Policies of liability insurance shall be issued only by companies authorized by the Commissioner to sell motor vehicle insurance in the District pursuant to Section 2 of the Fire and Casualty Act, approved October 9, 1940 (54 Stat. 1066; D.C. Code §35-1505). Such companies shall not be subject to any additional requirements or approvals by the Commissioner in order to issue an insurance policy to a taxicab owner or a taxicab driver. Rates for insurance within the scope of this section shall be subject to the provisions of Section 3 of an Act to Provide for Regulation of Certain Insurance Rates in the District of Columbia, and for Other Purposes, approved May 20, 1968 (62 Stat. 243; D. C. Code §35-1703). All sureties bonding taxicabs operating in the District shall be approved by the Commissioner.

"(f) The Commissioner shall issue reasonable rules in furtherance of the protection of the public governing the making of bonds by sureties for the coverage of accident risks of taxicabs.

"(g) The Commissioner may, after a hearing, withdraw the certificate of approval of any surety violating the provisions of this section or any rule issued by the Commissioner pursuant to the authority of this act".

Sec. 3. Fiscal impact statement.

Sec. 4. This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), approval by the Financial Responsibility and Management Assistance Authority as provided in section 203(a) of the District of Columbia Financial Responsibility and Management Assistance Act of 1995, approved April 17, 1995 (109 Stat. 116; D.C. Code §47-392.3(a)), a 30-day period of Congressional review as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Code §1-233(c)(1)), and publication in the District of Columbia Register.