Annual Adjustment of Monetary Threshold for Reporting Rail Equipment Accidents/Incidents
other · US Department of Transportation · Published 1997-12-02 · Effective 1998-01-01 · 62 FR 63675
Document
Document number
97-31455
Federal Register citation
62 FR 63675
CFR reference
49 CFR 219
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Transportation
Publication date
1997-12-02
Effective date
1998-01-01
DOT docket
FRA Docket No. RAR-5, Notice No. 1
Abstract
This final rule increases from $6,500 to $6,600 the monetary threshold for reporting railroad accidents/incidents involving railroad property damage that occur on or after January 1, 1998. This action is needed to ensure and maintain comparability between different years of data by having the threshold keep pace with increases or decreases in equipment and labor costs so that each year accidents involving the same minimum amount of railroad property damage are included in the reportable accident counts. The reporting threshold was last changed in 1996.