S.1316: A bill to amend title 49, United States Code, to waive federal preemption of State law providing for the awarding of punitive damages against motor carriers for engaging in unfair or deceptive trade practices in the processing of claims relating to loss, damage, injury, or delay in connection with transportation of property in interstate commerce.

Amends Federal transportation law to declare that no provision of Federal law shall limit the liability of a motor carrier for punitive damages authorized under State law for an unfair or deceptive trade practice that consists of any act or omission in connection with the investigation, settlement, adjudication, or other aspect of a claim for loss, damage, injury, or delay of transported property.

(Source: Library of Congress)