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There is currently a bill in the United States Senate that many in our industry are following closely. The links below will take you to a site where you can read the legislation, comment and read the comments of others.

Senate Bill S 3483, The Motor Carrier Protection Act of 2010.

This has the potential to significantly affect Brokers. One of the widely discussed components is the requirement to increase the Broker’s bond from $10,000 to $100,000.

The bill has been assigned to the U.S. Senate Committee on Commerce, Science and Transportation. As of October 2010 the bill has not had a hearing in committee. You can track the bill's progress, or lack of, on the “Washington Update” page on this site.