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DIGEST OF INTRODUCED BILL
Intrastate taxicabs. Expands the definition of taxicab for purposes of: (1) refunds for gasoline tax paid on gasoline used for the operation of taxicabs; and (2) exemption from the special fuel tax. Expands the definition of taxicab for purposes of: (1) exception from regulation as a common carrier for the transportation of passengers for compensation; and (2) compliance with certain federal regulations concerning motor carriers of persons. Requires a minimum amount of financial responsibility of $1,000,000 to be carried on certain motor vehicles being used as taxicabs. Authorizes certain units of government to regulate certain motor vehicles being used as taxicabs.