SB 159-1_ Filed 01/29/2004, 11:46

COMMITTEE REPORT




MADAM PRESIDENT:

    The Senate Committee on Insurance and Financial Institutions, to which was referred Senate Bill No. 159, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 1, line 4; (04)AM015903.1. -->     Page 1, line 4, delete "either of the following:" and insert " an".
    Page 1, delete lines 5 through 6.
    Page 1, line 7, delete "(2) An".
    Page 1, run in lines 4 and 7.
    Page 1, line 9, delete "(A)", begin a new line block indented and insert:
        " (1)".
    Page 1, line 11, delete "(B)", begin a new line block indented and insert:
        " (2)".
    Page 1, line 13, delete "(C)", begin a new line block indented and insert:
        " (3)".
    Page 1, line 13, after "A" insert " commercial motor vehicle business, including an:
            (A) individual who; or
            (B) entity that;
        is in the business or occupation of selling, repairing, servicing, storing, or parking motor vehicles, including a business that is a
".
    Page 1, line 16, delete "(D)", begin a new line block indented and insert:
        " (4)".
    Page 1, after line 17, begin a new line block indented and insert:
        " (5) A motor vehicle that is owned or used by a named insured that is not a natural person.".
    Page 2, line 6, delete "an" and insert " a commercial".
    Page 2, line 7, after "a" insert " commercial liability".
    Page 2, line 9, delete "policy that does not provide primary motor vehicle" and insert " commercial liability policy that provides limited or incidental coverage for liability arising out of the ownership, maintenance, operation, or use of a motor vehicle, including a motor vehicle that is:
            (A) not subject to motor vehicle registration; and
            (B) not intended or designed to be used on a public roadway.
".
    Page 2, delete lines 10 through 12.
    Page 2, line 15, delete "Except as provided in section 1.5 of this".
    Page 2, line 16, delete "chapter, the" and insert "The".
    (Reference is to SB 159 as introduced.)

and when so amended that said bill do pass .

Committee Vote: Yeas 7, Nays 0.


____________________________________

Senator Paul, Chairperson


AM 015903/DI 105    2004