Rescission of Quarterly Financial Reporting Requirements
motor-carrier · Federal Motor Carrier Safety Administration · Published 2012-06-27 · Effective 2012-08-27 · 77 FR 38211
Document
Document number
2012-15744
Federal Register citation
77 FR 38211
CFR reference
49 CFR 369
Type
Rule
Action
Direct final rule.
Category
motor-carrier
Sub-agency
Federal Motor Carrier Safety Administration
Publication date
2012-06-27
Effective date
2012-08-27
DOT docket
Docket No. FMCSA-2012-0020
Abstract
By direct final rule, the Federal Motor Carrier Safety Administration (FMCSA) eliminates the quarterly financial reporting requirements for certain for-hire motor carriers of property (Form QFR) and for-hire motor carriers of passengers (Form MP-1). This paperwork burden can be removed without an adverse impact on safety or the Agency's ability to maintain effective commercial regulations over the for-hire trucking and passenger-carrying industries.