Private Motor Carrier Equity Act

[AI summary unavailable — showing source text] Private Motor Carrier Equity Act - Prohibits a State, political subdivision, or agency or organization of two or more States (entities) from enacting or enforcing any law, rule, regulation, or standard relating to interstate or intrastate rates, routes, or services: (1) of a corporate compensated carrier operating under the jurisdiction of the Interstate Commerce Commission (ICC); (2) involving transportation by a motor vehicle and driver leased by a lessee from a single source when the lessee is a motor private carrier in interstate commerce and certain conditions exist; and (3) of any transportation of property provided by motor vehicles leased, with or without drivers, from a motor private carrier, (operating in interstate commerce), to the extent that such law, rule, regulation, or standard is in addition to, or more stringent than, the requirements for such operations established by the ICC. Prohibits such entities from enacting or enforcing any law, rule, regulation, or standard that subjects to certain requirements a private motor carrier (operating in interstate commerce) that seeks to obtain a motor common carrier certificate or a motor contract carrier permit to provide i…