FINAL BILL REPORT
SSB 5844
C 31 L 88
BYSenate Committee on Transportation (originally sponsored by Senators Conner and Peterson)
Requiring bonds from motor freight brokers.
Senate Committee on Transportation
House Committe on Transportation
SYNOPSIS AS ENACTED
BACKGROUND:
The Utilities and Transportation Commission (UTC) regulates brokers or forwarders as common carriers. The UTC has five common carrier permits for intrastate brokers. Common carriers must pay a one-time fee of $150 and post a $1,000 bond.
SUMMARY:
The definition of broker is repealed and a new definition is created. A broker is a person engaged in the business of arranging for transportation of property by two or more interstate or intrastate common carriers.
A broker shall file a bond with the Utilities and Transportation Commission (UTC) in an amount to be determined by the UTC, but not less than $5,000.
VOTES ON FINAL PASSAGE:
Senate 47 0
House 93 0
EFFECTIVE:June 9, 1988