This bill prohibits trucking companies from using predatory lease-purchase programs that exploit independent truck drivers. The Department of Transportation must create regulations within one year to define and ban these arrangements, which currently trap drivers in unfair contracts where they lease trucks from the same companies that employ them while accumulating little to no ownership equity. The legislation also requires the Transportation Department to establish a process allowing drivers harmed by predatory lease terms to seek relief and exit their agreements. This bill primarily affects trucking companies and independent truck drivers operating in the for-hire trucking industry, addressing a long-standing practice where carriers effectively control drivers' wages, work conditions, and debt while preventing them from building any real equity in their vehicles.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.