I 
114TH CONGRESS 
1ST SESSION H. R. 2077 
To amend title 49, United States Code, to prohibit the Secretary of Transpor-
tation from increasing minimum financial responsibility requirements es-
tablished by Congress for motor carriers of passengers, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 28, 2015 
Mr. PERRY introduced the following bill; which was referred to the Committee 
on Transportation and Infrastructure 
A BILL 
To amend title 49, United States Code, to prohibit the Sec-
retary of Transportation from increasing minimum finan-
cial responsibility requirements established by Congress 
for motor carriers of passengers, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. MINIMUM FINANCIAL RESPONSIBILITY RE-
QUIREMENTS FOR MOTOR CARRIERS OF PAS-
SENGERS. 
(a) PROHIBITION ON INCREASING MINIMUM LEVELS 
ESTABLISHED BY CONGRESS.—Section 31138 of title 49, 
United States Code, is amended— 
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(1) in subsection (a) in each of paragraphs (1) 
and (2) by striking ‘‘established by the Secretary’’ 
and inserting ‘‘set forth in subsection (b)’’; and 
(2) in subsection (b) by adding at the end the 
following: 
‘‘The Secretary may not increase the minimum levels of 
financial responsibility set forth in this subsection.’’. 
(b) STUDY OF MINIMUM FINANCIAL RESPONSIBILITY 
REQUIREMENTS.—Section 31138 of such title is amended 
by adding at the end the following: 
‘‘(f) MINIMUM
FINANCIAL
RESPONSIBILITY
RE-
QUIREMENTS.— 
‘‘(1) STUDY.—The Secretary shall conduct a 
comprehensive study of the minimum financial re-
sponsibility requirements for motor carriers of pas-
sengers under this section. 
‘‘(2) CONTENTS.—The study shall include, at a 
minimum, an analysis of— 
‘‘(A) the accident and claims histories of 
over-the-road bus and school bus transportation 
companies; 
‘‘(B) the current range of financial respon-
sibility limits held by all sizes of over-the-road 
and private school bus companies; 
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‘‘(J) the impact of ‘limits pull’ of an in-
crease in financial responsibility limits; and 
‘‘(K) the impact of an increase in financial 
responsibility limits on small- and medium-sized 
over-the-road and private school bus carriers. 
‘‘(3) CONSULTATION.—In conducting the study, 
the Secretary shall consult with, at a minimum— 
‘‘(A) representatives of the over-the-road 
bus and private school bus transportation in-
dustries; and 
‘‘(B) a range of insurers and reinsurers of 
motor carriers of passengers. 
‘‘(4) REPORT TO CONGRESS.—Not later than 1 
year after the date of enactment of this subsection, 
the Secretary shall submit to the Committee on 
Transportation and Infrastructure of the House of 
Representatives and the Committee on Commerce, 
Science, and Transportation of the Senate a report 
on the results of the study.’’. 
Æ 
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