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ME LD1276

Bill

Status

Passed

5/21/2025

Primary Sponsor

Matthew Moonen

Click for details

Origin

House of Representatives

132nd Legislature

AI Summary

  • Establishes a $750,000 combined single limit liability insurance requirement for intrastate commercial motor vehicles in Maine

  • Amends Title 29-A MRSA §1611, sub-§2 by adding a new paragraph G to existing motor vehicle insurance statutes

  • Applies to all commercial motor vehicle liability insurance policies executed, delivered, issued, continued, or renewed on or after January 1, 2026

  • All existing policies are deemed renewed no later than their next yearly anniversary date for purposes of compliance

  • Signed into law as Public Law Chapter 107 on May 23, 2025

Legislative Description

An Act to Align Intrastate Commercial Motor Vehicle Insurance Requirements with Federal Standards

Insurance

Last Action

PASSED TO BE ENACTED, in concurrence.

5/21/2025

Committee Referrals

Health Coverage, Insurance and Financial Services3/25/2025

Full Bill Text

No bill text available