Action
Notice of proposed rulemaking (NPRM); request for comments.
Summary
FMCSA proposes to eliminate the quarterly financial reporting requirements for certain for-hire motor carriers of property (Form QFR) and for-hire motor carriers of passengers (Form MP-1). This paperwork burden can be removed without an adverse impact on safety or the Agency[acute]s ability to maintain effective commercial regulatory oversight over the for-hire trucking and passenger-carrying industries.