,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #cgha ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #af1 #bjai,mr4 ,g>ca ( ,ill9ois 7= himself1 ,mr4 ,c>twright1 ,mr4 ,espaillat1 ,ms4 ,m5g1 ,mr4 ,coh51 ,mr4 ,payne1 & ,mr4 ,soto7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure ,a ,,bill ,to increase ! m9imum levels ( f9ancial responsibility = transport+ prop]ty1 & to index future increases to *anges 9 inflation relat+ to m$ical c>e4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,improv+ ,national ,safety by ,updat+ ! ,requir$ ,am\nt ( ,insurance ,ne$$ by ,comm]cial ,motor ,vehicles p] ,ev5t 7,,insurance7 ,act ( #bjai4 #b4 ,f9d+s ,! ,congress f9ds ! foll[+3 7#a7 ,9 pass+ ! ,motor ,c>ri] ,act ( #aihj1 ,public ,law #if-bif1 ,congress int5d$ = ! m9imum insurance levels to ma9ta9 safety4 ,accord+ to ! ,h\se ,report ,no4 #if-ajfi1 ! action ( ! ,committee 9 increas+ f9ancial responsibility is to enc\rage ! c>ri]s to engage 9 practices & proc$ures t w enhance ! safety ( _! equipm5t s z to af=d ! be/ protection to ! public44 7#b7 ,! ,national ,transportation ,policy ,/udy ,commission 7:i* consi/$ ( six ,memb]s ( ! ,s5ate1 six ,memb]s ( ! ,h\se ( ,repres5tatives1 & sev5 public memb]s appo9t$ by ! ,presid5t7 recomm5d$ m&atory m9imum insurance requirem5ts ( #a1jjj1jjj1 9 its #aigi ,f9al ,report to ! ,congress1 ,national ,transportation ,policies ?r\gh ! ,ye> #bjjj4 ,! ,report /at$3 ,z an example1 all c]tificat$ motor c>ri]s op]at+ ^u ! highways %\ld be obligat$ to c>ry adequate insurance 7or pro( ( f9ancial responsibility equal to su* insurance7 to protect ! public4 ,! insurance %\ld cov] public liability1 prop]ty1 damage1 c>go & environm5tal re/oration ) a #a million = s+le occurr5ce1 or ano!r m9imum am\nt suffici5t to require p]iodic on site inspection by ! insurance company1 ) ! m9imum to be updat$ regul>ly4 ,non-c]tificat$ motor c>ri]s %\ld be subject to simil> /&>ds44 7#c7 ,accord+ to ! ,u4,s4 ,bureau ( ,labor ,/ati/ics1 ! am\nt ( #gej1jjj1 set 9 #aihj 7! ye> ( enactm5t71 w\ld h ! same pur*as+ p[] z #d1ibc1aec4bi 9 #bjai1 if ! am\nt 0 rais$ to acc\nt = m$ical-co/ inflation4 #c4 ,m9imum f9ancial responsibility = transport+ prop]ty 7a7 ,9 g5]al ,section #caaci7;b7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 p>agraph 7#b71 by /rik+ #gej1jjj & ins]t+ #d1ibc1aed2 & 7#b7 by add+ at ! end ! foll[+3 7#c7 ,adju/m5t ,! ,secret>y1 9 consultation ) ! ,bureau ( ,labor ,/ati/ics1 %all adju/ ! m9imum level ( f9ancial responsibility "u p>agraph 7#b7 qu9qu5nially = inflation relat+ to m$ical c>e4 4 7b7 ,effective date ,! am5dm5ts made by subsection 7a7 %all take effect on ! date t is #a ye> aft] ! date ( enactm5t ( ?is ,act4