To exempt small trailer manufacturers from enhanced early warning reporting requirements under the Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act.

Exempts certain small trailer manufacturers from additional early warning reporting provisions under the Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act requiring such manufacturers to report to the National Highway Traffic Safety Administration on: (1) defects in their motor vehicles or original or replacement equipment that are related to motor vehicle safety; and (2) any noncompliance with motor vehicle safety standards with respect to such items. Limits such exemption to manufacturers who produce, import, offer for sale, or sell trailers rated 26,000 pounds or less gross vehicle weight.