On August 23, 2013, the FMCSA issued its Final Rule in the Unified Registration System (URS) matter. This rulemaking will make massive changes to the application process effective in March of 2015.
In the meantime, two
aspects of the Final Rule are effective.
One is a substantial penalty for failing to file the biennial MCS-150
report on time leading up to and including revocation of authority.
The other aspect of the
Rule, which is effective October 23, 2013 will eliminate transfer applications
but extend reporting requirements to an informal notice procedure which will
include change of ownership and control of regulated entities – a new agency
mandated requirement for which there is no statutory authority. An analysis of
the URS rulemaking is attached.
In addition, the FMCSA is
holding free webinars to educate affected parties on the biennial update
requirement. All affected parties are
advised to listen to one of these webinars to ensure compliance. Click here to view.