Introduced Version






SENATE BILL No. 367

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DIGEST OF INTRODUCED BILL



Citations Affected: IC 7.1-3-27.

Synopsis: Alcoholic beverage retailer liability coverage. Requires a person who holds a retailer's license or permit to sell alcoholic beverages for consumption on the premises to maintain coverage for liability after December 31, 2012. Requires the commissioner of the department of insurance to adopt rules to establish minimum amounts of insurance and self-insurance coverage.

Effective: July 1, 2010.





Stutzman




    January 12, 2010, read first time and referred to Committee on Commerce, Public Policy & Interstate Cooperation.







Introduced

Second Regular Session 116th General Assembly (2010)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
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SENATE BILL No. 367



    A BILL FOR AN ACT to amend the Indiana Code concerning alcohol and tobacco.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 7.1-3-27; (10)IN0367.1.1. -->     SECTION 1. IC 7.1-3-27 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2010]:
     Chapter 27. Coverage for Liability
    Sec. 1. After December 31, 2012, a person who:
        (1) holds a retailer's license or permit; and
        (2) sells alcoholic beverages for consumption on the licensed or permitted premises;
shall procure and maintain a policy of liability insurance to cover the person's liability for damages that arise out of the person's sale of alcoholic beverages for consumption on the licensed premises.
    Sec. 2. Notwithstanding section 1 of this chapter, the department of insurance may, upon the application of a person described in section 1 of this chapter, issue a certificate of self-insurance if the department of insurance is satisfied that the person making the application is possessed of and will continue to be possessed of the ability to pay a judgment obtained against the person for damages

that arise out of the person's sale of alcoholic beverages for consumption on the licensed premises.
    Sec. 3. The minimum amounts of insurance and self-insurance coverage required under this chapter shall be established in rules adopted by the commissioner of the department of insurance.
    Sec. 4. A person who violates this chapter is subject to the penalties described in IC 7.1-3-23.
    Sec. 5. The commissioner of the department of insurance shall adopt rules under IC 4-22-2 to implement this chapter.

SOURCE: ; (10)IN0367.1.2. -->     SECTION 2. [EFFECTIVE JULY 1, 2010] (a) The commissioner of the department of insurance shall adopt rules under IC 4-22-2 to implement IC 7.1-3-27, as added by this act, before January 1, 2012.
    (b) This SECTION expires January 1, 2015.