H.R.2357 - Fighting Fraud in Transportation Act of 2011

To amend section 139 of title 49, United States Code, to increase the effectiveness of Federal oversight of motor carriers, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To amend section 139 of title 49, United States Code, to increase the effectiveness of Federal oversight of motor carriers, and for other purposes. as introduced.
  • Short: Fighting Fraud in Transportation Act of 2011 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Comments Feed

  • AIPBA 07/07/2011 7:33pm

    Last June, similar proposed legislation was introduced into the Senate (S. 3483) called the “The Motor Carrier Protection Act of 2010.” This bill would have, among other things, raised the financial security of property brokers who are licensed by the FMCSA tenfold from $10,000 to $100,000. This
    bill died in committee after we contacted the members of the Committee on Commerce, Science & Transportation and pointed out the adverse impacts on small business.

    The AIPBA similarly opposes HR-2357 in that it too seeks to implement a $100,000 property broker bond. If the bond were to be drastically increased as proposed, then small and mid-sized property brokers would not be able to afford the premium and/or the cash collateral requirements that would be imposed by surety companies. As a result, thousands of small business owners, including our members, would be forced out-of-business. Tens of thousands of employees and agents would lose their jobs.

    Vote no on this bill.

  • skatefirst 07/12/2011 3:29pm

    Everyone in business does credit checks. Why don’t carriers?? That is what this is all about, because there are plenty of laws dealing with fraud. After 25 years of brokering we have never had a single claim against our bond. Why should I be charged a penalty for the lack of carrier due diligence? All this law will do is create headache, kill off small brokers, and not fix the fraud problem. Uncle Sam will then have to create another entity to provide $100,000 broker insurance products, as insurance companies will make bonding coverage very costly or they may just quit issuing insurance. More government. It would make fair sense to consider a brokers history. Use a reasonable reachable bonding requirement like $25k and go after the thieves, not reputable brokers.

  • AIPBA 07/14/2011 11:00pm

    Listen to our Midnight Trucking Radio interview about how Big Buisness is trying to squeeze out the little guys in trucking:

    http://www.midnighttrucking.com/getpodcast.aspx?sid=25018&lid=6797&id=1044853&source=1&url=http://podcasting.fia.net/6797/4796147.mp3


Vote on This Bill

0% Users Support Bill

0 in favor / 3 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC

Top-Rated Comments