Undercharge Settlement and Amnesty Act of 1993

[AI summary unavailable — showing source text] Undercharge Settlement and Amnesty Act of 1993 - Amends Federal transportation law to establish a procedure for resolving undercharge claims. Provides for an election to satisfy any such claim by payment of 35 percent of the undercharge. Allows such an election, during the 12 months following enactment of this Act, to any person against whom an undercharge claim is made by a motor carrier of nonhousehold goods property, by a nonhousehold goods freight forwarder, or by any party succeeding to the rights of such a carrier or forwarder. Preserves existing rights and remedies for a shipper or other liable person who does not elect the remedy provided by this Act. Declares that a small business concern or a charitable organization shall not be liable for an undercharge claim, nor shall any other person where the charge involved is recyclable materials. Specifies a statute of limitations for motor carrier undercharge recovery actions. Authorizes motor carriers subject to the Interstate Commerce Commission (ICC) and shippers to resolve, by mutual consent in writing, overcharge and undercharge claims resulting from billing errors or incorrect tariff provisions arising from the inadvertent …