House votes to up trucker insurance requirements to $2 MILLION
On Wednesday, lawmakers in the House of Representatives approved an amendment that would more than double minimum insurance requirements for commercial vehicles.
On Wednesday evening, the House Transportation and Infrastructure Committee approved an amendment introduced by Illinois Rep. Chuy Garcia to a transportation bill called the INVEST Act by a 37 to 27 vote.
Garcia’s amendment would effectively increase current insurance liability requirements for commercial vehicle drivers from $750,000 to $2 million.
... members of the trucking industry who believe that it could force smaller carriers and owner-operators to shut down because of costs..."
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NFIB members who have trucking businesses have shared their disdain for this blow against truckers.
Regardless the size of your trucking business, if you are
not yet a member of NFIB (National Federation of Independent Business) please
contact me and let's get you signed up. NFIB fights unfair legislation like
this. Join not only other trucking firms but other small business
owners of all business types and across this great country. We help each other.
Let's not let this pass either the House or Senate.
Learn more about NFIB and contact your membership rep, Terry (Ter) Scott
My
name is Terry Scott and as an authorized NFIB membership rep (3A687) I can
offer you a first year membership fee that is affordable which gives you access
to webinars, information and voting privileges. Use the contact form on this
page or call my cell in the image below. I live in Wisconsin and register
members in all 50 states.
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