Taxicab Insurance Amendment Act of 2001
Bill 14-97

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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 Public Works and the Environment.

To amend the District of Columbia Taxicab Commission Establishment Act of 1985 to permit the purchase of taxicab liability insurance from brokers licensed in the District.

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this ACT may be cited as the "Taxicab Insurance Amendment Act of 2001 ".

Sec. 2. Section 15 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), is amended as follows:

(a) Subsection (e) is 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) or by nonadmitted companies through brokers licensed in accordance with Section 40 of the Fire and Casualty Act, approved October 9, 1940 (54 Stat. 1080; D.C. Code § 35-1544). For purposes of this section, a policy of liability insurance may be procured under Section 40 regardless of whether the diligent effort provision in subsection (a) of Section 40 has been met.

(b) Subsection (f) is amended to read as follows:

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

(c) Subsection (g) is repealed.

Sec. 3. Sections 801 and 805 of Title 26 of the District of Columbia Municipal Regulations are repealed.

Sec. 4. Fiscal impact statement.

The Council adopts the fiscal impact statement in the Committee report as the fiscal impact statement required by section 602(c)(3) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 913; D.C. Code §1-233(c)(3)).

Sec. 5. 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.