,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #cgha  ,,in ,,the ,,house ,,of  
,,representatives  ,july #af1 #bjai,mr4 
,garca of ,illinois 7for himself1 ,mr4  
,cartwright1 ,mr4 ,espaillat1 ,ms4      
,meng1 ,mr4 ,cohen1 ,mr4 ,payne1 and    
,mr4 ,soto7 introduced the following    
bill2 which was referred to the         
,committee on ,transportation and       
,infrastructure  ,a ,,bill  ,to increase
 the minimum levels of financial        
responsibility for transporting         
property1 and to index future increases 
to changes in inflation relating to     
medical care4  #a4 ,short title ,this   
,act may be cited as the ,improving     
,national ,safety by ,updating the      
,required ,amount of ,insurance ,needed 
by ,commercial ,motor ,vehicles per     
,event 7,,insurance7 ,act of #bjai4  #b4
 ,findings ,the ,congress finds the     
following3 7#a7 ,in passing the ,motor  
,carrier ,act of #aihj1 ,public ,law    
#if-bif1 ,congress intended for the     
minimum insurance levels to maintain    

safety4 ,according to the ,house ,report
 ,no4 #if-ajfi1 the action of the       
,committee in increasing financial      
responsibility is to encourage the      
carriers to engage in practices and     
procedures that will enhance the safety 
of their equipment so as to afford the  
best protection to the public44  7#b7   
,the ,national ,transportation ,policy  
,study ,commission 7which consisted of  
six ,members of the ,senate1 six        
,members of the ,house of               
,representatives1 and seven public      
members appointed by the ,president7    
recommended mandatory minimum insurance 
requirements of #a1jjj1jjj1 in its #aigi
 ,final ,report to the ,congress1       
,national ,transportation ,policies     
through the ,year #bjjj4 ,the ,report   
stated3 ,as an example1 all certificated
 motor carriers operating upon the      
highways should be obligated to carry   
adequate insurance 7or proof of         
financial responsibility equal to such  
insurance7 to protect the public4 ,the  

insurance should cover public liability1
 property1 damage1 cargo and            
environmental restoration with a #a     
million for single occurrence1 or       
another minimum amount sufficient to    
require periodic on site inspection by  
the insurance company1 with the minimum 
to be updated regularly4                
,non-certificated motor carriers should 
be subject to similar standards44  7#c7 
,according to the ,u4,s4 ,bureau of     
,labor ,statistics1 the amount of       
#gej1jjj1 set in #aihj 7the year of     
enactment71 would have the same         
purchasing power as #d1ibc1aec4bi in    
#bjai1 if the amount was raised to      
account for medical-cost inflation4  #c4
 ,minimum financial responsibility for  
transporting property  7a7 ,in general  
,section #caaci7;b7 of title #di1       
,united ,states ,code1 is amended-- 7#a7
 in paragraph 7#b71 by striking #gej1jjj
 and inserting #d1ibc1aed2 and  7#b7 by 
adding at the end the following3  7#c7  
,adjustment ,the ,secretary1 in         

consultation with the ,bureau of ,labor 
,statistics1 shall adjust the minimum   
level of financial responsibility under 
paragraph 7#b7 quinquennially for       
inflation relating to medical care4  4  
7b7 ,effective date ,the amendments made
 by subsection 7a7 shall take effect on 
the date that is #a year after the date 
of enactment of this ,act4