CARB “Loan Denial Provision” Language a Farce
15 – Day Rule Change Procedures Make Access Unlikely for Most Truckers
After all the hoopla, name calling, and even one lawsuit to stop CARB from moving forward with proposed amendments to the Statewide Truck and Bus rule, it appears CARB staff never intended to allow anyone to access a new provision called the “Economic Hardship Extension” or commonly referred to as the “loan denial provision.”
On July 1, 2014 CARB issued its Supplemental 15-Day Notice describing how the agency intends to implement board approved amendments to give truckers – typically owner-operators and small-business truckers unable to secure financing more time to comply with CARB’s rule. The requirements laid-out in the 15 – Day Notice are so onerous it is difficult to imagine many truck owners will attempt to take advantage of this new provision. Read more