The last week was a busy one as I had three bills in committees for hearing. The first is a bill I’m carrying on behalf of numerous tow-truck operators in my district who object strongly to the imposition of a new bond requirement in order for them to obtain a permit to operate in Colorado.
The tow-truck operators already carry liability insurance, and the new $50,000 bond requirement will only be tapped by the state’s Public Utilities Commission in the event civil PUC fines are unpaid by an operator. The bond provides no direct benefit to a wronged consumer, but the bond’s cost has been keenly and adversely felt by many tow operators.
My bill eliminates this bond requirement for tow operators except in the eight counties in the metro area where the vast majority of complaints come from, according to the PUC. The bill was heard in the Senate Transportation Committee, and several people from Montrose came to testify on its behalf.
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