INSURANCE FOR FOREIGN MOTOR CARRIERS.

SEC. 9112. INSURANCE FOR FOREIGN MOTOR CARRIERS. Section 30 of the Motor Carrier Act of 1980 is amended by redesignating subsection (g) (and any reference thereto) as subsection (h) and inserting after subsection (f) the following new subsection: “(g) Insurance for Foreign Motor Carriers.—The Secretary of Transportation may issue regulations which permit foreign motor carriers and foreign motor private carriers (as such terms are defined under section 10530 of title 49, United States Code) providing transportation of property under a certificate of registration issued under such section to meet the minimum levels of financial responsibility established by or under this section only during periods in which such carriers are providing transportation of property in the United States.”.