BILL ANALYSIS H.B. 1208 By: Cook 03-29-95 Committee Report (Unamended) BACKGROUND Federally regulated commercial train operators are required to maintain liability insurance in the amount of $25 million per occurrence. Consequently, these operators require any other type of train operator to carry the same amount of liability insurance to operate a train on their trackage. This places a hardship on excursion train operators because they are operating for the sole purpose of transporting tourists on scenic routes, and their traveling speed does not exceed 40 m.p.h. at any given time. The requirement to carry $25 million per occurrence in liability insurance makes it necessary for excursion train operators to increase the ticket prices for their trips to an excessive amount in an attempt to recover the cost of the liability insurance. The excessive amount of the tickets greatly reduces the demand for the trips offered by the excursion train operators, and is detrimental to the economic benefit provided by the passengers to the small towns where the train stops along the route. PURPOSE This legislation limits the amount of liability insurance that must be carried by an excursion train operator. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Creates Subsection (a) and (b) which provides that a person may apply with the Comptroller for certification as an excursion train operator, and that the Comptroller may not certify that person as an excursion train operator unless the person files evidence of insurance in the amount of $5 million per occurrence. SECTION 2. Creates Subsection (a) and (b) provides that an excursion train operator is not liable for damages over $5 million resulting from a single occurrence, and that the limitation of liability applies to the operator of the excursion train, the owner of the equipment used by the excursion train, the owner of the trackage used by the excursion train, and the host carrier. SECTION 3. Effective Date. SECTION 4. Emergency Clause. SUMMARY OF COMMITTEE ACTION Pursuant to a public notice posted on March 16, 1995, at 5:53 p.m., the House Committee on Transportation met in a public hearing on Wednesday, March 22, 1995 at 2:00 p.m. in Room E1.014 of the Capitol Extension and was called to order at 6:54 p.m. after the rules were suspended on the House floor to meet in public hearing after the posted time, by the Chair, Representative Clyde Alexander to consider H.B. 1208. The Chair recognized the following persons who testified in favor of H.B. 1208: Robert Robberson, President, Ft. Worth and Western RR; John Randy Parten, Denver Railway Car; Bob Stout, Mitchell Energy Development Corp. & Excursion Trains,Inc.; John Helsly, Executive Vice President, Granbury Chamber of Commerce; Robert MacDonald, Austin Steam Train. The Chair left H.B. 1208 pending before the Committee. Pursuant to a public notice posted on March 23, 1995, at 7:36 p.m., the House Committee on Transportation met in a public hearing on Wednesday, March 29, 1995 at 2:00 p.m. in Room E1.014 of the Capitol Extension and was called to order at 2:10 p.m. by the Chair, Representative Clyde Alexander. The Chair laid out H.B. 1208 by Cook which was pending before the committee. Representative Bosse moved that the committee report H.B. 1208, without amendments, to the full House with the recommendation that it do pass. The motion prevailed by the following vote: Ayes (5), Nayes (1), Absent (3), Present not voting (0).