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<br /> <br />HB 301 2025 <br /> <br /> <br /> <br />CODING: Words stricken are deletions; words underlined are additions. <br />hb301-00 <br />Page 35 of 80 <br />F L O R I D A H O U S E O F R E P R E S E N T A T I V E S <br /> <br /> <br /> <br />and 851 <br /> b.(I) The freight rail operator's compensation to the 852 <br />department for future use of the department's rail corridor 853 <br />shall include a monetary contribution to the cost of such 854 <br />liability coverage for the sole benefit of the freight rail 855 <br />operator. 856 <br /> (II) National Railroad Passenger Corporation's 857 <br />compensation to the department for future use of the 858 <br />department's rail corridor shall include a monetary contribution 859 <br />to the cost of such liability coverage for the sole benefit of 860 <br />National Railroad Passenger Corporation. 861 <br /> (b) Purchase liability insurance, which amount shall not 862 <br />exceed $200 million, and establish a self-insurance retention 863 <br />fund for the purpose of paying the deductible limit established 864 <br />in the insurance policies it may obtain, including coverage for 865 <br />the department, any freight rail operator as described in 866 <br />paragraph (a), National Railroad Passenger Corporation, commuter 867 <br />rail service providers, governmental entities, or any ancillary 868 <br />development, which self-insurance retention fund or deductible 869 <br />shall not exceed $10 million. The insureds shall pay a 870 <br />reasonable monetary contribution to the cost of such liability 871 <br />coverage for the sole benefit of the insured. Such insurance and 872 <br />self-insurance retention fund may provide coverage for all 873 <br />damages, including, but not limited to, compensatory, special, 874 <br />and exemplary, and be maintained to provide an adequate fund to 875