SB 547

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."