In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Mortgage Fairness Act''.

SEC. 2. COMMUNITY SUPPORT OBLIGATIONS OF MORTGAGE BANKS.

    (a) In General.--Each mortgage bank shall have an ongoing 
responsibility to meet the credit needs of all the communities in which 
such bank makes a significant number of extensions of credit or extends 
a significant amount of credit, including extensions of credit in low- 
and moderate-income neighborhoods of such communities.
    (b) Definitions.--For purposes of this Act, the following 
definitions shall apply:
            (1) Mortgage bank.--The term ``mortgage bank'' means any 
        lender who does not accept deposits and originates housing 
        related loans.
            (2) Office.--The term ``Office'' means the Office of 
        Mortgage Bank and Insurance Supervision established by the 
        Secretary of Housing and Urban Development pursuant to section 
        3.
            (3) Secretary.--The term ``Secretary'' means the Secretary 
        of Housing and Urban Development.

SEC. 3. ESTABLISHMENT OF OFFICE OF MORTGAGE BANK AND INSURANCE 
              SUPERVISION.

    The Secretary of Housing and Urban Development shall establish 
within the Department of Housing and Urban Development an office to be 
known as the Office of Mortgage Bank and Insurance Supervision to 
evaluate the community support performance of mortgage banks and 
mortgage insurance companies.

SEC. 4. MORTGAGE BANK COMMUNITY SUPPORT STATEMENTS.

    (a) In General.--The Office shall, on a biennial basis, require 
each mortgage bank to submit to the Office a community support 
statement, detailing the efforts of such bank at meeting the housing 
credit needs of each community in which the bank makes a significant 
number of extensions of credit or extends a significant amount of 
credit, including extensions of credit in low- and moderate-income 
neighborhoods of such communities.
    (b) Contents.--The statement submitted by each mortgage bank under 
subsection (a) shall include--
            (1) the data required to be maintained and disclosed by the 
        lender under the Home Mortgage Disclosure Act of 1975 for the 
        previous 2 years, in a format which the Office shall establish;
            (2) underwriting criteria employed by the bank for all of 
        the bank's housing loan products;
            (3) descriptions of any activity the bank has undertaken 
        over the period under review to ascertain and meet identified 
        credit needs in low- and moderate-income neighborhoods within 
        communities in which the bank makes a significant number of 
        extensions of credit or extends a significant amount of credit, 
        including any partnerships formed with community-based 
        organizations, nonprofit developers of affordable housing, or 
        agencies of State or local government;
            (4) details of any findings of technical or substantive 
        violations of the Equal Credit Opportunity Act or the Fair 
        Housing Act, and any settlements or judgments arising from any 
        such findings; and
            (5) any other information the Office may require.

SEC. 5. MORTGAGE BANK COMMUNITY SUPPORT EVALUATION.

    The Office shall determine whether a mortgage bank is maintaining 
an adequate community support performance, based on--
            (1) community support performance statements received from 
        mortgage banks;
            (2) an analysis of the data required to be maintained and 
        disclosed by the lender under the Home Mortgage Disclosure Act 
        of 1975 for the previous 2 years with respect to metropolitan 
        statistical areas in which the bank originates a significant 
        number of home loans, which shall emphasize--
                    (A) the institution's market share in neighborhoods 
                of different racial and income characteristics;
                    (B) the number of applications received from 
                minorities and low- and moderate-income persons; and
                    (C) the rate at which the institutions rejects 
                applications from minority and white applicants;
            (3) any evidence of illegal discriminatory credit 
        practices, including prescreening, or offering less favorable 
        loan products to applicants of different racial backgrounds; 
        and
            (4) public comment, which shall be received by the agency 
        for not less than 90 days after the Office actively solicits 
        comment solicitations of comment through notice in the Federal 
        Register and regular communications with community based 
        organizations.

SEC. 6. PENALTIES FOR FINDING OF INADEQUATE COMMUNITY SUPPORT 
              PERFORMANCE BY MORTGAGE BANKS.

    (a) Remedial Action.--If the Secretary finds that a mortgage bank 
is maintaining an inadequate level of community support, the Secretary 
may issue an order--
            (1) requiring the bank to file a community support action 
        plan with the Office not more than 90 days after the finding, 
        which shall include concrete goals and timetables for 
        correcting identified deficiencies; and
            (2) prohibiting the bank from using any program or product 
        administered by the Secretary until all identified deficiencies 
        are met.
    (b) Cease and Desist Orders.--
            (1) Issuance of order.--
                    (A) In general.--If the Secretary determines that 
                there is reasonable cause to believe that a mortgage 
                bank is violating, has violated, or is about to violate 
                an order under subsection (a) or a community support 
                action plan filed pursuant to such an order, the 
                Secretary may issue an order requiring the mortgage 
                bank to--
                            (i) cease and desist from any such 
                        violation; and
                            (ii) take such affirmative action to 
                        prevent the occurrence or the continuance of 
                        such violation as the Secretary determines to 
                        be appropriate.
                    (B) Notice of charges.--An order issued under this 
                paragraph shall include a notice of the charges on 
                which the order is based and a statement of the facts 
                constituting the alleged violation.
                    (C) Effective period.--An order issued under this 
                paragraph shall--
                            (i) become effective upon service to the 
                        mortgagee; and
                            (ii) remain effective and enforceable 
                        pursuant to the terms of the order unless 
                        modified or rescinded by the Secretary or 
                        pursuant to an order of a court under paragraph 
                        (3) or in connection with the court's review of 
                        any administrative proceedings with respect to 
                        the order issued under this subsection.
            (2) Hearing.--Any mortgage bank which receives an order 
        under paragraph (1) shall be afforded an opportunity for a 
        hearing on the record by the Secretary as soon as practicable 
        but not later than 20 days after the order has been served.
            (3) Judicial hearing.--Within 10 days after a mortgage bank 
        has been served with a cease-and-desist order under this 
        subsection, the bank may apply to the United States district 
        court for the judicial district in which the home office of the 
        bank is located, or the United States District Court for the 
        District of Columbia, for an injunction setting aside, 
        limiting, or suspending the enforcement, operation, or 
        effectiveness of such order pending the completion of the 
        administrative proceedings pursuant to the notice of charges 
        served upon the bank, and such court shall have jurisdiction to 
        issue such injunction.
            (4) Judicial enforcement.--The Secretary may apply to the 
        United States district court, or the United States court of any 
        territory, within the jurisdiction of which the home office of 
        the mortgagee is located, for an injunction to enforce any 
        effective and outstanding order issued under this subsection 
        and, if the court determines that there has been a violation or 
        threatened violation of such order, the court shall issue such 
        injunction.
    (c) Civil Money Penalty.--
            (1) Imposition of penalty.--
                    (A) In general.--The Secretary may impose a civil 
                money penalty on any mortgage bank, and any director, 
                officer or employee of a mortgage bank, who violates 
                any order issued under subsection (a) or (b).
                    (B) Amount of penalty.--The amount of the penalty, 
                as determined by the Secretary, may not exceed--
                            (i) in the case of a violation of an order 
                        issued under subsection (a), $10,000 for each 
                        month during which such violation occurs; and
                            (ii) in the case of a violation of an order 
                        issued under subsection (b), $10,000 for each 
                        day during which such violation continues.
                    (C) Notification to attorney general.--Before 
                taking action to impose a civil money penalty for a 
                violation under subparagraph (A), the Secretary shall 
                inform the Attorney General of the United States.
            (2) Assessment.--
                    (A) Written notice.--Any penalty imposed under 
                paragraph (1) may be assessed and collected by the 
                Secretary by written notice.
                    (B) Finality of assessment.--If, with respect to 
                any assessment under subparagraph (A), a hearing is not 
                requested pursuant to paragraph (5) within the period 
                of time allowed under such paragraph, the assessment 
                shall constitute a final and unappealable order.
            (3) Authority to modify or remit penalty.--The Secretary 
        may compromise, modify, or remit any penalty which the 
        Secretary may assess or already has assessed under paragraph 
        (1).
            (4) Mitigating factors.--In determining the amount of a 
        penalty under paragraph (1) with respect to any person, the 
        Secretary shall take into account the appropriateness of the 
        penalty with respect to--
                    (A) the gravity of the offense;
                    (B) any history of previous violations by the 
                person;
                    (C) the ability of the person to pay the penalty;
                    (D) injury to the public;
                    (E) benefits received by the person as a result of 
                the violation;
                    (F) the deterrent effect of the penalty on future 
                violations by such person and other persons; and
                    (G) such other factors as the Secretary may 
                determine in regulations to be appropriate.
            (5) Hearing.--The person against whom a civil money penalty 
        is assessed under paragraph (1) shall be afforded an 
        opportunity for a hearing on the record, if such person submits 
        a request for such hearing within 20 days after the issuance of 
        the notice of the assessment.
            (6) Collection.--
                    (A) Referral.--If any person fails to pay an 
                assessment after any penalty assessed under this 
                subsection has become final, the Secretary shall notify 
                the Attorney General who shall recover the amount 
                assessed in the appropriate United States district 
                court.
                    (B) Appropriateness of penalty not reviewable.--In 
                any civil action under subparagraph (A), the validity 
                and appropriateness of the penalty shall not be subject 
                to review.
            (7) Disbursement.--All penalties collected pursuant to this 
        subsection shall be deposited into the Treasury of the United 
        States.
            (8) Agency procedures--The Secretary shall, by regulation, 
        establish standards and procedures for carrying out this 
        subsection.

SEC. 7. COMMUNITY SUPPORT REQUIREMENTS FOR MORTGAGE INSURANCE 
              COMPANIES.

    (a) In General.--Each mortgage insurance company shall--
            (1) report to the Office the number and total dollar amount 
        of each mortgage insurance policy written by the company, by 
        census tract, the race, gender, and income of applicants for 
        mortgage insurance, and the disposition of each application for 
        mortgage insurance;
            (2) demonstrate to the Secretary adequate support for 
        community credit needs; and
            (3) make public to any person the underwriting criteria for 
        any mortgage insurance the company offers.
    (b) 2-Year Reporting Requirement.--At least once during each 2-year 
period beginning after the date of enactment of this Act, each mortgage 
insurance company shall submit a report to the Office containing the 
following information:
            (1) Adequacy of availability of mortgage insurance.--The 
        extent to which adequate mortgage insurance is available in 
        low- and moderate-income and minority neighborhoods within 
        areas in which the company writes a significant number of 
        mortgage insurance policies.
            (2) Underwriting guidelines.--The extent to which 
        underwriting guidelines used by the company do not unreasonably 
        restrict access to low- and moderate-income families within 
        areas in which the company writes a significant number of 
        mortgage insurance policies.
    (c) Duties of the Office.--The Office shall conduct biennial 
community support reviews of mortgage insurance companies including 
analysis of the following:
            (1) The data collected by the Agency on the distribution of 
        the mortgage insurance company's policies by census tract and 
        data on the disparate treatment of applicants for mortgage 
        insurance based on the applicants' race, gender, and income.
            (2) The underwriting criteria employed by the company and 
        the extent to which such criteria do not unreasonably restrict 
        access to credit for low- and moderate-income and minority 
        persons or neighborhoods.
            (3) Community support statements received from the mortgage 
        insurance company.
            (4) Any other information the Secretary may require 
        mortgage insurance companies to submit.
            (5) Any comments received from the public on the community 
        support performance of the mortgage insurance company during 
        the period covered by the review under this paragraph.
    (d) Duties of the Secretary.--The Secretary shall--
            (1) solicit and accept public comment for no fewer than 90 
        days before issuing a finding in connection with the review of 
        a mortgage insurance company under subsection (c)(2); and
            (2) review the community support performance of each 
        mortgage insurance company and determine whether the company is 
        providing an adequate level of community support in the areas 
        in which such company writes a significant number of mortgage 
        insurance policies.
    (e) Performance Statement.--If, after reviewing any evidence, the 
Secretary concludes that a mortgage insurance company is not meeting 
the requirements of this section, the Secretary may require such 
company to submit a statement indicating how the company expects to 
improve its record of providing community support.

Ex Output:
Mortgage Fairness Act - Requires each mortgage bank to meet the credit needs of all communities in which it makes a significant number of extensions of credit or extends a significant amount of credit, including extensions of credit in low- and moderate-income communities. 
(Sec. 3) Directs the Secretary of Housing and Urban Development (HUD) to establish within HUD the Office of Mortgage Bank and Insurance Supervision. 
(Sec. 4) Directs the Office, on a biennial basis, to require each mortgage bank to submit to it a community support statement detailing the bank's efforts at meeting the housing credit needs of the above- referenced communities. 
(Sec. 5) Directs the Office to determine whether a mortgage bank is maintaining an adequate community support performance based on specified criteria. 
(Sec. 6) Sets forth certain penalties against a mortgage bank that has been found to be maintaining an inadequate level of community support. 
(Sec. 7) Requires each mortgage insurance company to: (1) report to the Office the total number and total dollar amount of each mortgage insurance policy written by it, by census tract, the race, gender, and income of applicants for mortgage insurance, and the disposition of each application for such insurance; (2) demonstrate to the Secretary adequate support for community credit needs; and (3) make public to any person the underwriting criteria for any mortgage insurance the company offers. 
Requires the Office to conduct biennial community support reviews of mortgage insurance companies.  Authorizes the Secretary to require a mortgage insurance company to submit a statement indicating how it expects to improve its record of providing community support whenever the Secretary concludes that such company is not meeting the requirements of this section.


Ex Input:
SECTION 1. CLASS SIZE DEMONSTRATION GRANTS.

    Subpart 3 of part D of title V of the Higher Education Act of 1965 
(20 U.S.C. 1109 et seq.) is amended to read as follows:

              ``Subpart 3--Class Size Demonstration Grants

``SEC. 561. PURPOSE.

    ``It is the purpose of this subpart to provide grants to State 
educational agencies to enable such agencies to determine the benefits, 
in various school settings, of reducing class size on the educational 
performance of students and on classroom management and organization.

``SEC. 562. PROGRAM AUTHORIZED.

    ``(a) Program Authorized.--
            ``(1) In general.--The Secretary shall award grants, on a 
        competitive basis, to State educational agencies to pay the 
        Federal share of the costs of conducting demonstration projects 
        that demonstrate methods of reducing class size that may 
        provide information meaningful to other State educational 
        agencies and local educational agencies.
            ``(2) Federal share.--The Federal share shall be 50 
        percent.
    ``(b) Reservation.--The Secretary may reserve not more than 5 
percent of the amount appropriated under section 565A for each fiscal 
year to carry out the activities described in section 565.
    ``(c) Selection Criteria.--The Secretary shall make grants to State 
educational agencies on the basis of--
            ``(1) the need and the ability of a State educational 
        agency to reduce the class size of an elementary school or 
        secondary school served by such agency;
            ``(2) the ability of a State educational agency to furnish 
        the non-Federal share of the costs of the demonstration project 
        for which assistance is sought;
            ``(3) the ability of a State educational agency to continue 
        the project for which assistance is sought after the 
        termination of Federal financial assistance under this subpart; 
        and
            ``(4) the degree to which a State educational agency 
        demonstrates in the application submitted pursuant to section 
        564 consultation in program implementation and design with 
        parents, teachers, school administrators, and local teacher 
        organizations, where applicable.
    ``(d) Priority.--In awarding grants under this subpart, the 
Secretary shall give priority to demonstration projects that involve 
at-risk students in the earliest grades, including educationally or 
economically disadvantaged students, students with disabilities, and 
limited English proficient students.
    ``(e) Grants Must Supplement Other Funds.--A State educational 
agency shall use the Federal funds received under this subpart to 
supplement and not supplant other Federal, State, and local funds 
available to the State educational agency to carry out the purpose of 
this subpart.

``SEC. 563. PROGRAM REQUIREMENTS.

    ``(a) Annual Competition.--In each fiscal year, the Secretary shall 
announce the factors to be examined in a demonstration project assisted 
under this subpart. Such factors may include--
            ``(1) the magnitude of the reduction in class size to be 
        achieved;
            ``(2) the level of education in which the demonstration 
        projects shall occur;
            ``(3) the form of the instructional strategy to be 
        demonstrated; and
            ``(4) the duration of the project.
    ``(b) Random Techniques and Appropriate Comparison Groups.--
Demonstration projects assisted under this subpart shall be designed to 
utilize randomized techniques or appropriate comparison groups.

``SEC. 564. APPLICATION.

    ``(a) In General.--In order to receive a grant under this subpart, 
a State educational agency shall submit an application to the Secretary 
that is responsive to the announcement described in section 563(a), at 
such time, in such manner, and containing or accompanied by such 
information as the Secretary may reasonably require.
    ``(b) Duration.--The Secretary shall encourage State educational 
agencies to submit applications under this subpart for a period of 5 
years.
    ``(c) Contents.--Each application submitted under subsection (a) 
shall include--
            ``(1) a description of the objectives to be attained with 
        the grant funds and the manner in which the grant funds will be 
        used to reduce class size;
            ``(2) a description of the steps to be taken to achieve 
        target class sizes, including, where applicable, the 
        acquisition of additional teaching personnel and classroom 
        space;
            ``(3) a statement of the methods for the collection of data 
        necessary for the evaluation of the impact of class size 
        reduction programs on student achievement;
            ``(4) an assurance that the State educational agency will 
        pay, from non-Federal sources, the non-Federal share of the 
        costs of the demonstration project for which assistance is 
        sought; and
            ``(5) such additional assurances as the Secretary may 
        reasonably require.
    ``(d) Sufficient Size and Scope Required.--The Secretary shall 
award grants under this subpart only to State educational agencies 
submitting applications which described projects of sufficient size and 
scope to contribute to carrying out the purpose of this subpart.

``SEC. 565. EVALUATION AND DISSEMINATION.

    ``(a) National Evaluation.--The Secretary shall conduct a national 
evaluation of the demonstration projects assisted under this subpart to 
determine the costs incurred in achieving the reduction in class size 
and the effects of the reductions on results, such as student 
performance in the affected subjects or grades, attendance, discipline, 
classroom organization, management, and teacher satisfaction and 
retention.
    ``(b) Cooperation.--Each State educational agency receiving a grant 
under this subpart shall cooperate in the national evaluation described 
in subsection (a) and shall provide such information to the Secretary 
as the Secretary may reasonably require.
    ``(c) Reports.--The Secretary shall report to Congress on the 
results of the evaluation conducted under subsection (a).
    ``(d) Dissemination.--The Secretary shall widely disseminate 
information about the results of the class size demonstration projects 
assisted under this subpart.

``SEC. 565A. AUTHORIZATION OF APPROPRIATIONS.

    ``There are authorized to be appropriated to carry out this subpart 
$15,000,000 for fiscal year 1999 and each of the 4 succeeding fiscal 
years.''.

SEC. 2. PRIVATE SECTOR FUNDING FOR RESEARCH AND DEVELOPMENT BY NASA 
              RELATING TO AIRCRAFT PERFORMANCE.

    The Administrator of the National Aeronautics and Space 
Administration may not carry out research and development activities 
relating to the performance of aircraft (including supersonic aircraft 
and subsonic aircraft) unless the Administrator receives payment in 
full for such activities from the private sector.

Ex Output:
Amends the Higher Education Act of 1965 to establish a competitive Class Size Demonstration Grants program. 
Directs the Secretary of Education to award such grants to State educational agencies (SEAs) to pay half of the costs of conducting projects that demonstrate methods of reducing class size that may provide information meaningful to other SEAs and local educational agencies (LEAs).  Authorizes the Secretary to reserve up to five percent of funds for this Act for each fiscal year to carry out national evaluation and dissemination activities. 
Sets forth program requirements for:  (1) grant selection criteria; (2) priority for projects that involve at-risk students in the earliest grades, including educationally or economically disadvantaged students, students with disabilities, and limited English proficient students; (3) annual competitions; (4) random techniques and appropriate comparison groups; (5) applications; and (6) sufficient size and scope of projects. 
Directs the Secretary to:  (1) conduct, and report to the Congress on, a national evaluation of such projects to determine the costs incurred in achieving the reduction in class size and the effects of the reductions on results; and (2) widely disseminate information about the results of such projects. 
Authorizes appropriations. 
(Sec. 2) Prohibits the Administrator of the National Aeronautics and Space Administration from carrying out research and development activities relating to the performance of aircraft (including supersonic aircraft and subsonic aircraft) unless the Administrator receives payment in full for such activities from the private sector.


Ex Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Private Motor Carrier Equity Act''.

SEC. 2. COMPENSATED INTERCORPORATE TRANSPORTATION.

    Section 10524 of title 49, United States Code, is amended by adding 
at the end the following new subsection:
    ``(d) Preemption With Respect to Compensated Intercorporate 
Transportation.--No State or political subdivision thereof, and no 
agency or organization of 2 or more States, shall enact or enforce any 
law, rule, regulation, standard, or other provision having the force 
and effect of law relating to interstate or intrastate rates, routes, 
or services of any carrier that operates in interstate commerce 
pursuant to Commission regulations promulgated with respect to 
subsections (a) through (c) of this section.''.

SEC. 3. SINGLE SOURCE LEASING OF MOTOR VEHICLES AND DRIVERS TO 
              SHIPPERS.

    Section 10524 of title 49, United States Code, is further amended 
by adding at the end the following new subsection:
    ``(e) Preemption With Respect to Single Source Leasing.--No State 
or political subdivision thereof, and no agency or organization of 2 or 
more States, shall enact or enforce any law, rule, regulation, 
standard, or other provision having the force and effect of law 
relating to interstate or intrastate rates, routes, or services 
involving transportation by a motor vehicle and driver leased from a 
single source by a lessee that operates as a motor private carrier in 
interstate commerce when--
            ``(1) the motor vehicle is exclusively committed to the 
        lessee's use for the term of the lease;
            ``(2) the lessee has exclusive dominion and control over 
        the transportation service conducted by it during the term of 
        the lease;
            ``(3) the lessee maintains public liability and property 
        damage insurance or otherwise accepts responsibility to the 
        public for any injury or damage caused in the course of 
        performing the transportation service during the term of the 
        lease;
            ``(4) the lessee accepts responsibility for, and bears the 
        cost of, compliance with all applicable safety regulations; and
            ``(5) the lessee bears the risk of damage to the cargo.''.

SEC. 4. TRIP LEASING OF MOTOR VEHICLES AND DRIVERS FROM MOTOR PRIVATE 
              CARRIERS.

    Section 10524 of title 49, United States Code, is further amended 
by adding at the end the following new subsection:
    ``(f) Preemption With Respect to Leasing From Motor Private 
Carriers.--No State or political subdivision thereof, and no agency or 
organization of 2 or mores States, shall enact or enforce any law, 
rule, regulation, standard, or other provision having the force and 
effect of law relating to the leasing of motor vehicles (with or 
without drivers) from a motor private carrier that operates in 
interstate commerce to the extent that such law, rule, regulation, 
standard, or other provision is in addition to or more stringent than 
the requirements for such lease transactions as established by the 
Commission.''.

SEC. 5. MOTOR PRIVATE CARRIERS SEEKING OPERATING AUTHORITY.

    Section 10524 of title 49, United States Code, is further amended 
by adding at the end the following new subsection:
    ``(g) Preemption With Respect to Motor Private Carriers Seeking 
Operating Authority.--No State or political subdivision thereof, and no 
agency or organization of 2 or more States, shall enact or enforce any 
law, rule, regulation, standard, or other provision having the force 
and effect of law that subjects a motor private carrier that operates 
in interstate commerce and that seeks to obtain a motor common carrier 
certificate or a motor contract carrier permit to provide intrastate 
transportation of property to requirements or criteria that are not 
applied to a transportation business seeking the same type of authority 
to operate as a motor common or motor contract carrier.''.

SEC. 6. DEDICATED CONTRACT CARRIAGE.

    (a) In General.--Subchapter II of chapter 105 of title 49, United 
States Code, is amended by inserting after section 10525 the following 
new section:
``Sec. 10525a. Dedicated contract carriage
    ``(a) Dedicated Contract Carrier Defined.--For purposes of this 
section, `dedicated contract carrier' means a motor contract carrier 
that provides in interstate commerce a service for one or more 
shippers, except an individual shipping household goods containing the 
following elements:
            ``(1) Assigning motor vehicles for a continuing period of 
        time for the exclusive use of a contracting shipper.
            ``(2) Assigning personnel to perform driving, loading 
        unloading and related services for the exclusive use of a 
        contracting shipper.
            ``(3) Assigning management personnel, with offices at the 
        contracting shipper's facility, to provide operations and 
        safety management services for the exclusive use of the 
        contracting shipper.
    ``(b) Preemption.--No State or political subdivision thereof, and 
no agency or organization of 2 or more States, shall enact or enforce 
any law, rule, regulation, standard, or other provision having the 
force and effect of law relating to the interstate or intrastate rates, 
routes, or services of any dedicated contract carrier having authority 
under this subchapter.
    ``(c) Limitation.--Nothing in subsection (b) of this section shall 
prohibit a State or political subdivision thereof, or agency or 
organization of 2 or more States, from enacting or enforcing 
requirements on dedicated contract carriers related to the safety of 
operations and minimum amounts of financial responsibility.''.
    (b) Conforming Amendment.--The analysis for such chapter 105 is 
amended by inserting after the item relating to section 10525 the 
following new item:

``10525a. Dedicated contract carriage.''.

Ex Output:

Private Motor Carrier Equity Act - Prohibits a State, political subdivision, or agency or organization of two or more States (entities) from enacting or enforcing any law, rule, regulation, or standard relating to interstate or intrastate rates, routes, or services:  (1) of a corporate compensated carrier operating under the jurisdiction of the Interstate Commerce Commission (ICC); (2) involving transportation by a motor vehicle and driver leased by a lessee from a single source when the lessee is a motor private carrier in interstate commerce and certain conditions exist; and (3) of any transportation of property provided by motor vehicles leased, with or without drivers, from a motor private carrier, (operating in interstate commerce), to the extent that such law, rule, regulation, or standard is in addition to, or more stringent than, the requirements for such operations established by the ICC. 
Prohibits such entities from enacting or enforcing any law, rule, regulation, or standard that subjects to certain requirements a private motor carrier (operating in interstate commerce) that seeks to obtain a motor common carrier certificate or a motor contract carrier permit to provide intrastate transportation of property, if such requirements are not applied to a transportation business seeking the same authority to operate as a motor common or motor contract carrier. 
Prohibits such entities from enacting or enforcing requirements on dedicated contract carriers related to the safety of operations and minimum amounts of financial responsibility.