Monetary Threshold for Reporting Rail Equipment Accidents/Incidents for Calendar Year 2016
other · US Department of Transportation · Published 2015-12-28 · Effective 2016-01-01 · 80 FR 80683
Document
Document number
2015-32545
Federal Register citation
80 FR 80683
CFR reference
49 CFR 225
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Transportation
Publication date
2015-12-28
Effective date
2016-01-01
DOT docket
FRA-2008-0136, Notice No. 8
Abstract
This rule maintains the rail equipment accident/incident monetary reporting threshold at $10,500 for railroad accidents/ incidents involving property damage that occur during calendar year (CY) 2016 that FRA's accident/incident reporting regulations require to be reported to the agency. FRA is maintaining the reporting threshold at the same level it did in CY 2015, and CY 2014, because, in part, the wage and equipment data for the second-quarter of 2015 (i.e., the data used to calculate the threshold) changed only slightly (about 1 percent) from second-quarter 2014 values. In addition, FRA is maintaining the monetary threshold for CY 2016 at the CY 2015 level while it reexamines the method for calculating the monetary threshold.