Protecting Truck Drivers from Predatory Leasing Agreements
This act aims to protect truck drivers from unfair vehicle leasing programs. It prohibits predatory lease-purchase agreements that strip drivers of control over their work and earnings, and prevent them from building equity in their trucks. This will give drivers greater certainty regarding their rights and finances.
Key points
Prohibition of predatory truck lease-purchase programs that exploit drivers.
Establishment of a process for drivers to get relief from unfair contract terms.
Definition of a predatory leasing program, including control over a driver's work, compensation, and debts, without the ability to build equity.
Status:
Introduced
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