Relates to the amount of the indemnity bond or insurance required by common carrier ambulettes and paratransit vehicles

2025 Regular Session Introduced by Leroy Comrie

Adjusts the required indemnity bond/insurance for ambulette and paratransit operators to strengthen financial backing for liabilities and protect passengers.

REFERRED TO TRANSPORTATION

Overview

Bill Number: S 5482

Title: Relates to the amount of the indemnity bond or insurance required by common carrier ambulettes and paratransit vehicles

Status: Referred to Transportation (Introduced February 21, 2025)

Prime Sponsor: Leroy Comrie

This bill focuses on the financial protection requirement for operators of ambulettes and paratransit vehicles, specifically the amount of the indemnity bond or insurance that these common carrier services must carry.

What the bill would do

The bill proposes changes to the required amount of indemnity bond or insurance for common carrier ambulettes and paratransit vehicles.

The exact adjustment (e.g., the new dollar amounts or formula for calculating the coverage) is not specified in the information provided. The bill’s purpose is to modify the financial assurance requirement to better reflect risks, costs, or policy objectives related to paratransit services.

Key provisions and changes (as reported)

Alters the statutory requirement governing the indemnity bond or insurance threshold for ambulette and paratransit operations.

May set new minimum coverage levels or revise how coverage is calculated.

Related to risk management and passenger protection by ensuring adequate financial backing for liabilities.

Note: The precise text, numeric thresholds, and operational details are not included in the information provided. The description above reflects the bill’s general intent based on the title.

Who is affected

Ambulette and paratransit service providers (common carriers) that operate under regulatory oversight requiring indemnity bonds or insurance.

Insurance and bonding providers that issue and manage the required bonds/insurance.

Regulators and transportation agencies responsible for approving and enforcing financial assurance requirements.

Passengers and the traveling public may be impacted indirectly through changes in coverage adequacy and potential impacts on service availability and reliability.

Procedural and timeline aspects

Introduced: February 21, 2025

Current status: Referred to the Transportation Committee

Other actions listed (duplicate “REFERRED TO TRANSPORTATION”) appear to be an administrative duplication in the record.

Next steps: The bill would proceed to committee hearings, potential amendments, and votes within the Transportation Committee. If advanced, it would move toward floor consideration and, later, the other chamber.

Related bills

S 8335 (prior-session)

S 6245 (prior-session)

S 409 (prior-session)

These related bills suggest an ongoing legislative focus on adjusting financial assurance requirements for ambulette and paratransit operations.

If you want, I can compare S 5482 to the related prior-session bills to highlight what changes or reductions/increases in coverage levels were proposed previously, once you provide or allow access to their texts.

Bill