2126-AC10 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 2126 Federal Motor Carrier Safety Administration FMCSA 2100 Department of Transportation DOT Broker and Freight Forwarder Financial Responsibility

FMCSA implements certain requirements under the Moving Ahead for Progress in the 21st Century Act (MAP21). Previously, FMCSA implemented the MAP21 requirement to increase the financial security amount for brokers from $25,000 to $75,000 for household brokers and from $10,000 to $75,000 for all other property brokers and, for the first time, established financial security requirements for freight forwarders. The agency implements regulations in five separate areas: Assets readily available; immediate suspension of broker/freight forwarder operating authority; surety or trust responsibilities in cases of broker/ freight forwarder financial failure or insolvency; enforcement authority; and entities eligible to provide trust funds for form BMC85 trust fund filings.

]]> Other Significant Previously Published in The Unified Agenda Final Rule Stage Undetermined Undetermined 49 CFR 387 Pub. L. 112-141, sec. 32918, 126 Stat. 405, 822 Statutory Final 10/01/2013 Not later than 1 year after the date of enactment of this Act, the Secretary shall issue regulations to implement and enforce the requirements under subsections (b) and (c) of section 13906 of title 4 No ANPRM 09/27/2018 83 FR 48779 ANPRM Comment Period End 11/26/2018 NPRM 01/05/2023 88 FR 830 NPRM Comment Period End 04/06/2023 Final Rule 03/00/2024 Undetermined Businesses Undetermined Undetermined No www.regulations.gov www.regulations.gov No No 2126-AB60 Related to 2126-AB74 Related to Kenneth Riddle Office Director 2126 Federal Motor Carrier Safety Administration FMCSA 202 366-9616 kenneth.riddle@dot.gov 1200 New Jersey Avenue SE, W65-308, Washington DC 20590