Rescission of Quarterly Financial Reporting Requirements
motor-carrier · Federal Motor Carrier Safety Administration · Published 2012-08-27 · Effective 2012-08-27 · 77 FR 51705
Document
Document number
2012-21021
Federal Register citation
77 FR 51705
CFR reference
49 CFR 369
Type
Rule
Action
Withdrawal of direct final rule.
Category
motor-carrier
Sub-agency
Federal Motor Carrier Safety Administration
Publication date
2012-08-27
Effective date
2012-08-27
DOT docket
Docket No. FMCSA-2012-0020
Abstract
FMCSA withdraws its June 27, 2012, direct final rule eliminating 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). After reviewing the adverse comment received from SJ Consulting Group in response to the direct final rule, the agency has determined that it would be inappropriate to allow the direct final rule to take effect. The FMCSA intends to publish a notice of proposed rulemaking in the near future proposing the elimination of the quarterly financial reporting requirements for Form QFR and Form MP-1.