Contracted Automobile Regulatory Relief Act of 2001

Contracted Automobile Regulatory Relief Act of 2001 - Amends Federal transportation law to prohibit a State or its political subdivision (including any interstate agency) from enacting or enforcing any law that has the effect of requiring a license or fee that applies solely to the provision of prearranged ground transportation service (limousine service) by a motor vehicle, if the motor carrier: (1) meets all other applicable registration requirements for interstate transportation of passengers and licensing requirements for vehicles and the intrastate transportation of passengers under the laws of the State such motor carrier is domiciled or registered to do business; and (2) is providing such service pursuant to a contract for travel from a State (including intermediate stops) to a destination in another State, or travel from one State (including intermediate stops in another State) to a destination in that State.

Provides that nothing in this Act shall be construed as subjecting taxicab service to Federal regulation pursuant to the Secretary of Transportation's authority over interstate commerce, or to prohibit or restrict an airport, train, or bus terminal operator from contracting to provide preferential access or facilities to any provider of limousine service.