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> Proposed Rule: Qualifications of Motor Carriers To Self-Insure Their Operations and Fees To Support the Approval and Compliance Process
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Proposed Rule: Qualifications of Motor Carriers To Self-Insure Their Operations and Fees To Support the Approval and Compliance Process
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Federal Register:
70FR 61111
RIN:
2126-AA82
Docket #:
FMCSA-1997-2923
(
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49 CFR Part:
387
Publication Date:
10/20/2005
Action:
Notice of proposed rulemaking (NPRM); withdrawal
Summary:
This notice is a withdrawal of a proposed rule under RIN 2126- AA28, which was inadvertently deleted from a prior agenda. The 1999 NPRM requested comments on the financial security and collateral requirements of self-insured motor carriers and fees associated with self-insurance. Section 103 of the Interstate Commerce Commission Termination Act of 1995 (ICCTA) directed the Secretary to create a single, on-line Federal system to replace four existing DOT and former ICC systems--one of those being the financial responsibility information system. Because self-insurance is an aspect of carrier financial responsibility, the agency has decided to withdraw the 1999 NPRM and has proposed amendments to the self-insurance regulations within the context of the financial reporting requirements being proposed under a new Unified Registration System and announced in a separate NPRM.
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