96-19439. Inquiry Into Alternative Forms of Financial Responsibility for Nonperformance of Transportation

[Federal Register Volume 61, Number 148 (Wednesday, July 31, 1996)]
[Proposed Rules]
[Page 39940]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19439]


=======================================================================
-----------------------------------------------------------------------

FEDERAL MARITIME COMMISSION

46 CFR Part 540

[Docket 94-21]


Inquiry Into Alternative Forms of Financial Responsibility for 
Nonperformance of Transportation

AGENCY: Federal Maritime Commission.

ACTION: Discontinuance of proceeding.

-----------------------------------------------------------------------

SUMMARY: The Federal Maritime Commission had solicited public comment 
on certain passenger vessel operator financial responsibility issues 
under section 3 of Public Law 89-777. On the basis of the comments 
received, the Commission has determined to proceed with a further 
notice of proposed rulemaking in a separate docketed proceeding and is 
discontinuing this proceeding.

FOR FURTHER INFORMATION CONTACT: Joseph C. Polking, Secretary, Federal 
Maritime Commission, 800 North Capitol Street, N.W., Washington, D.C. 
20573, [phone].

SUPPLEMENTARY INFORMATION:

Background

    In Docket No. 94-06, Financial Responsibility Requirements for 
Nonperformance of Transportation (``NPR''),\1\ the Commission proposed 
to increase its section 3, Pub. L. 89-777 coverage requirements. Given 
the industry's concerns about the NPR, the Commission determined to 
hold it in abeyance pending this Inquiry.\2\ This Inquiry's purpose was 
to determine whether an acceptable alternative could be fashioned both 
to address the industry's concerns with the NPR and to ensure 
appropriate protection for passengers.
---------------------------------------------------------------------------

    \1\ 59 FR 15149 (March 31, 1994).
    \2\ 59 FR 52133 (October 26, 1994).
---------------------------------------------------------------------------

    The comments filed on this Inquiry prompted the Commission to 
publish a Further Notice of Proposed Rulemaking in Docket No. 94-06 
proposing revisions to the coverage requirements.\3\ Thus, Docket 94-21 
has served its purpose and is discontinued.
---------------------------------------------------------------------------

    \3\ 61 FR 33059 (June 26, 1996).

    By the Commission.
Joseph C. Polking,
Secretary.
[FR Doc. 96-19439 Filed 7-30-96; 8:45 am]
BILLING CODE 6730-01-M