Compromise in Auto Safety Bill
Posted on June 12th, 2010 by Oddo & Babat, P.C.
The Washington Post (6/8, Kindy) reports that a “series of compromises” between Congress and the auto industry over the auto safety bill that will force the National Highway Transportation Safety Administration (NHTSA) “to set and enforce stricter standards,” citing “weaknesses” in NHTSA’s oversight of automakers. The bill, which could see action in both the House and the Senate this week, would compel NHTSA “to set standards for the first time on electric components in vehicles, increase penalties for automakers who lie or mislead the agency about safety defects and bar agency officials hired by automakers from working with the agency for three years.” The Post further reports that earlier drafts of the bill have been softened after auto industry groups complained that its deadlines were unrealistic., Oddo & Babat will continue to update you on this very important bill.
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