Federal Motor Carrier Safety Administration 39. Popular Broker Trust Funds and Surety Bonds RIN 2126-AC10 ANPRM Previous : . Abstract: FMCSA initiates rulemaking action pertaining to the implementation of section 32918 (Financial Security of Brokers and Freight Forwarders) of the Moving Ahead for Progress in the 21st Century Act (MAP-21). The Agency is considering eight separate areas: (1) group surety bonds/trust funds, (2) assets readily available, (3) immediate suspension of broker/freight forwarder operating authority, (4) surety or trust responsibilities in cases of broker/freight forwarder financial failure or insolvency, (5) enforcement authority, (6) entities eligible to provide trust funds for form BMC-85 trust fund filings, (7) Form BMC-84 and BMC-85 trust fund revisions, and (8) household goods (HHG) consumer protection. The Agency seeks comments and data in response to this ANPRM. Effects: Prompting action: Statute Rulemaking Project Initiated: 09/21/2017 FMCSA-2016-0102 Docket Number: for ANPRM: None Citation for ANPRM: Federal Register
Federal Motor Carrier Safety Administration 39. Popular Broker Trust Funds and Surety Bonds RIN 2126-AC10 ANPRM Previous : . Abstract: FMCSA initiates rulemaking action pertaining to the implementation of section 32918 (Financial Security of Brokers and Freight Forwarders) of the Moving Ahead for Progress in the 21st Century Act (MAP-21). The Agency is considering eight separate areas: (1) group surety bonds/trust funds, (2) assets readily available, (3) immediate suspension of broker/freight forwarder operating authority, (4) surety or trust responsibilities in cases of broker/freight forwarder financial failure or insolvency, (5) enforcement authority, (6) entities eligible to provide trust funds for form BMC-85 trust fund filings, (7) Form BMC-84 and BMC-85 trust fund revisions, and (8) household goods (HHG) consumer protection. The Agency seeks comments and data in response to this ANPRM. Effects: Prompting action: Statute Rulemaking Project Initiated: 09/21/2017 Docket Number: FMCSA-2016-0102 for ANPRM: Federal Register Citation for ANPRM: None
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