AN ACT EXEMPTING NONPROFIT ORGANIZATIONS FROM THE INSURANCE AND INDEMNITY BOND REQUIREMENTS.

SB 681 would exempt nonprofit organizations from needing insurance and indemnity bonds when operating service buses. This applies only if the Commissioner of Motor Vehicles confirms the nonprofit has sufficient financial responsibility to cover liability for injuries, deaths, or property damage caused by bus operations. The bill directly affects nonprofits using service buses for community transportation (e.g., youth programs or senior services). It replaces a mandatory bond requirement with a verification step, maintaining safety oversight while reducing administrative burden for qualifying nonprofits.