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Higher Compensation for Truck Crash Victims

This act significantly increases the minimum insurance required for trucking companies to cover damages in case of an accident. This means that individuals injured in truck crashes can expect much higher compensation, helping to cover medical costs and other losses. Additionally, this amount will be regularly adjusted for medical cost inflation, ensuring its relevance.
Key points
Minimum insurance for trucking companies will increase from $750,000 to $5,000,000, improving the chances of full coverage for medical and other losses after an accident.
The minimum insurance amount will be automatically adjusted every five years for medical care inflation, ensuring its real value in the future.
The changes will take effect one year after the act's enactment, giving companies time to adapt to the new requirements.
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Expired
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Additional Information
Print number: 118_HR_6884
Sponsor: Rep. Garcia, Jesus G. "Chuy" [D-IL-4]
Process start date: 2023-12-22
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fair Compensation for Truck Crash Victims Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6884.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-12-22.

What are the main provisions?

Key points include:

  • Minimum insurance for trucking companies will increase from $750,000 to $5,000,000, improving the chances of full coverage for medical and other losses after an accident.
  • The minimum insurance amount will be automatically adjusted every five years for medical care inflation, ensuring its real value in the future.
  • The changes will take effect one year after the act's enactment, giving companies time to adapt to the new requirements.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Garcia, Jesus G. "Chuy" [D-IL-4].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Highways and Transit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Transport Courts and Law