Senate Commerce Committee Statement to Senate No. 2841, New Jersey (June 20, 2022)

Summary

A Senate Commerce Committee statement of the State of New Jersey, dated June 20, 2022, reporting Senate Bill No. 2841 favorably. The bill raises the minimum liability coverage for a commercial motor vehicle to $1.5 million, requiring an owner or registered owner to maintain motor vehicle liability insurance of at least that amount against loss from liability imposed by law for bodily injury, death and property damage.

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“Senate Commerce Committee Statement to Senate No. 2841, New Jersey (June 20, 2022).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-06-20-scm-s2841-s1-1d51139232/, SHA-256 d0741ae7c7eed9e74e5c1a68a3af331231fcb4a13415cc287f5f386bdab2b2a9.

Full text

     SENATE COMMERCE COMMITTEE

                   STATEMENT TO

                 SENATE, No. 2841

 STATE OF NEW JERSEY
                      DATED: JUNE 20, 2022

   The Senate Commerce Committee reports favorably Senate Bill
No. 2841.
   This bill raises the minimum amount of liability coverage for a
commercial motor vehicle to $1.5 million.
   Under the bill, an owner or a registered owner of a commercial
motor vehicle will be required to maintain motor vehicle liability
insurance coverage of at least $1.5 million to insure against loss
resulting from liability imposed by law for bodily injury, death, and
property damage.

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SHA-256: d0741ae7c7eed9e74e5c1a68a3af331231fcb4a13415cc287f5f386bdab2b2a9
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