Annual Adjustment of Monetary Threshold for Reporting Rail Equipment Accidents/Incidents
other · US Department of Transportation · Published 1998-12-30 · Effective 1999-01-01 · 63 FR 71790
Document
Document number
98-34186
Federal Register citation
63 FR 71790
CFR reference
49 CFR 219
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Transportation
Publication date
1998-12-30
Effective date
1999-01-01
DOT docket
FRA-98-4898, Notice No. 1
Abstract
This final rule establishes at $6,600 the monetary threshold for reporting railroad accidents/incidents involving railroad property damage that occur during calendar year 1999. There is no change from the reporting threshold for calendar year 1998. This action is needed to ensure and maintain comparability between different years of data by having the threshold keep pace with any 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 reviewed and changed in 1997.