Undercharge Equity Act of 1992 - Amends Federal transportation law to authorize persons against whom a claim is made by a motor carrier of property (other than a household goods carrier) or by a nonhousehold goods freight forwarder for the collection of rates or charges in addition to the rates or charges originally collected by such carrier or freight forwarder to elect to satisfy such claim pursuant to a specified formula upon showing that: (1) the carrier or forwarder is no longer transporting property or is transporting property for the purpose of avoiding application of this Act; and (2) with respect to such claim, the person was offered a rate or charge other than the one legally on file with the Interstate Commerce Commission (ICC), the person tendered freight to the carrier or forwarder in reasonable reliance upon the offered transportation rate or charge, the carrier or forwarder did not properly or timely file with the ICC a tariff providing for such rate or charge or failed to execute a valid contract for transportation services, such rate or charge was collected by the carrier or forwarder, and the carrier or forwarder demands additional payment of a higher rate or charge filed in a tariff. Requires disputes regarding the aforementioned to be resolved by the court in which such claim is filed or by the ICC. Authorizes persons against whom the additional rate or charge for shipments is being sought to elect to satisfy by paying a certain formulated amount. Shortens the statute of limitations for the filing of claims: (1) by a motor common carrier for recovery of transportation or service charges; and (2) by a person to recover overcharges by a motor carrier. Permits motor carriers and shippers to resolve by mutual consent, subject to ICC review and approval, any overcharge and undercharge claims resulting from billing errors or incorrect tariff provisions arising from the inadvertent failure to properly and timely file and maintain agreed upon rates, rules, or classifications.
Senate agreed to the House amendments by Voice Vote. (consideration: 11/18/93 CR S16183-16187)
Resolving differences -- Senate actions: Senate agreed to the House amendments by Voice Vote.(consideration: 11/18/93 CR S16183-16187)
Message on House action received in Senate and at desk: House amendments to Senate bill.
Motion to reconsider laid on the table Agreed to without objection.
The title of the measure was amended to that of similar measure H.R. 2121. Agreed to without objection.
A similar measure H.R. 2121 was laid on the table without objection.
On passage Passed without objection.
Passed/agreed to in House: On passage Passed without objection.
The House struck all after the enacting clause and inserted in lieu thereof the provisions of a similar measure H.R. 2121. Agreed to without objection.
Considered by unanimous consent. (consideration: CR H9658-9659)
Mr. Rahall asked unanimous consent to discharge from committee and consider.
Committee on Public Works + Transportation discharged.
Committee on Public Works + Transportation discharged.
Referred to the Subcommittee on Surface Transportation.
Message on Senate action sent to the House.
Referred to the House Committee on Public Works + Transportation.
Received in the House.
Passed Senate with an amendment by Voice Vote. (consideration: CR S8570-8575)
Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.(consideration: CR S8570-8575)
Committee on Commerce. Reported to Senate by Senator Hollings with amendments. With written report No. 103-79.
Committee on Commerce. Reported to Senate by Senator Hollings with amendments. With written report No. 103-79.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 120.
Committee on Commerce. Ordered to be reported with amendments favorably.
Read twice and referred to the Committee on Commerce.
Sponsor introductory remarks on measure. (CR S1919-1920)
Introduced in Senate
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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