Bills · 2015-2016 Regular Session

AB 698

Became law Official bill text Atom feed

Relating to: requirements imposed on retailers of liquefied petroleum gas for proving financial responsibility.

Credit Fuel Insurance — Miscellaneous Insurance — Motor vehicle Retail establishment Sureties

Introduced, completed
Passes Assembly, completed
Passes Senate, completed
Governor signs, completed
Law, completed

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill requires a retailer of liquefied petroleum gas (LPG) to obtain

commercial general liability insurance.

Under current law, a retail supplier of LPG must hold a license issued by the

Department of Safety and Professional Services. In order to receive a license, a retail

supplier must maintain proof of financial responsibility of the supplier's ability to

pay claims for bodily injury or property damages caused by incidents associated with

the release of LPG. Under current law, a retail supplier may prove financial

responsibility by obtaining a surety bond, an irrevocable letter of credit, or

commercial general liability insurance.

This bill eliminates the options of obtaining a surety bond or a letter of credit.

Under the bill, commercial general liability insurance must be obtained. The bill also

changes the term "retail supplier" to "retailer."

Votes

Assembly: Report passage recommended by Committee on Energy and Utilities, Ayes 15, Noes 0

Passed 15–0 Feb 5, 2016 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2

Passed 3–2 Mar 14, 2016 official source full page