Read the full stored bill text
Senate
File
239
-
Introduced
SENATE
FILE
239
BY
SALMON
,
CAMPBELL
,
ALONS
,
GUTH
,
WESTRICH
,
GREEN
,
and
TAYLOR
A
BILL
FOR
An
Act
relating
to
insurance
requirements
for
the
granting
of
a
1
hazardous
liquid
pipeline
permit.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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2334XS
(2)
91
sb/js
S.F.
239
Section
1.
NEW
SECTION
.
479B.13A
Insurance
requirements
1
for
permittee.
2
1.
In
addition
to
the
requirements
of
section
479B.13,
3
before
a
permit
is
granted
under
this
chapter,
the
applicant
4
shall
provide
to
the
commission
evidence
of
an
appropriate
5
surety
or
insurance
policy
to
ensure
the
payment
of
all
damages
6
resulting
from
the
construction
and
operation
of
the
hazardous
7
liquid
pipeline.
The
surety
or
insurance
policy
must
be
8
sufficient
to
indemnify
fully
all
of
the
following:
9
a.
Any
loss
arising
from
or
related
to
any
negligent
or
10
intentional
discharge
of
content
from
the
pipeline.
11
b.
Any
injury,
including
diminution
of
value
of
real
12
property,
to
affected
properties
due
to
the
construction
of
the
13
pipeline
or
the
accidental
or
intentional
discharge
of
content.
14
c.
The
inability
for
a
person
to
obtain
insurance,
or
the
15
increased
costs
for
a
person
to
obtain
or
renew
insurance,
due
16
to
the
presence
or
construction
of
the
pipeline.
17
2.
If
any
person
is
unable
to
obtain
insurance,
or
18
experiences
increased
costs
to
obtain
or
renew
insurance,
as
19
a
result
of
the
presence
or
construction
of
the
pipeline,
the
20
pipeline
owner
shall
either
purchase
insurance
on
behalf
of
21
the
person
or
reimburse
the
person
for
the
person’s
increased
22
premium
costs.
23
EXPLANATION
24
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
25
the
explanation’s
substance
by
the
members
of
the
general
assembly.
26
This
bill
relates
to
insurance
requirements
for
the
granting
27
of
a
hazardous
liquid
pipeline
permit.
28
The
bill
requires
an
applicant
for
a
hazardous
liquid
29
pipeline
permit
to
submit
evidence
to
the
Iowa
utilities
30
commission
of
a
surety
or
insurance
policy
that
ensures
31
payment
of
all
damages
that
may
result
from
the
construction
32
or
operation
of
the
hazardous
liquid
pipeline
before
a
permit
33
may
be
granted
by
the
commission.
The
surety
or
insurance
34
policy
must
be
sufficient
to
cover
losses
and
injury
resulting
35
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1/
2
S.F.
239
from
construction
of
the
hazardous
liquid
pipeline
and
from
1
any
discharge
of
content
from
the
pipeline.
The
surety
or
2
insurance
policy
must
also
be
sufficient
to
cover
any
person’s
3
increased
insurance
costs,
or
the
person’s
inability
to
obtain
4
insurance,
due
to
the
construction
or
presence
of
the
pipeline.
5
The
bill
requires
the
pipeline
company
to
either
purchase
6
insurance
on
behalf
of
or
reimburse
any
person
who
experiences
7
increased
insurance
premiums
or
the
inability
to
obtain
8
insurance
due
to
the
construction
or
presence
of
the
pipeline.
9
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2334XS
(2)
91
sb/js
2/
2