H1094 - Ferry Division Audit/Department of Transportation Omnibus. (SL 2026-46)
Session Year 2024
Overview: Section 23 of S.L. 2026-46 (House Bill 1094) provides for the following additional statutory insurance requirements for taxis permitted to operate at international airports: (i) liability insurance in the amount of $1 million per occurrence, (ii) proof of financial responsibility must be provided to the airport at which the taxi business is permitted, and (iii) the airport must be designated on the policy for purposes of receiving notices concerning the policy.
Taxis are currently licensed and regulated locally in the jurisdictions in which they operate. Currently, taxis file proof of financial responsibility with the local government at limits set by statute. Local authorities may provide for additional requirements.
This section became effective July 1, 2027.
Additional Information: