Sec. 5503. Report on motor carrier financial responsibility
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/bill/114/hr/22/eah/section-5503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than April 1, 2016, the Secretary shall publish on a publicly accessible Internet Web site of the Department a report on the minimum levels of financial responsibility required under section 31139 of title 49, United States Code. The report required under subsection
(a)shall include an analysis of— the differences between State insurance requirements and Federal requirements; the extent to which current minimum levels of financial responsibility adequately cover— medical care; compensation; attorney fees; and other identifiable costs; and the frequency with which insurance claims exceed the current minimum levels of financial responsibility.