2016 Tax Information for use In the Revenue Shortfall Allocation Method, 25903-25904 [2017-11565]
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Federal Register / Vol. 82, No. 106 / Monday, June 5, 2017 / Notices
of marine biological diversity in areas
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Chever Voltmer,
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[FR Doc. 2017–11480 Filed 6–2–17; 8:45 am]
BILLING CODE 4710–09–P
SURFACE TRANSPORTATION BOARD
[Docket No. EP 682 (Sub-No. 8)]
2016 Tax Information for use In the
Revenue Shortfall Allocation Method
AGENCY:
Surface Transportation Board.
ACTION:
Notice.
The Board is publishing, and
providing the public an opportunity to
comment on, the 2016 weighted average
state tax rates for each Class I railroad,
as calculated by the Association of
American Railroads (AAR), for use in
the Revenue Shortfall Allocation
Method (RSAM).
DATES: Comments are due by July 5,
2017. If any comment opposing AAR’s
calculation is filed, AAR’s reply will be
due by July 25, 2017. If no comments
are filed by the due date, AAR’s
calculation of the 2016 weighted
average state tax rates will be
automatically adopted by the Board,
effective July 6, 2017.
ADDRESSES: Comments may be
submitted either via the Board’s e-filing
format or in traditional paper format.
Any person using e-filing should attach
a document and otherwise comply with
the instructions at the E–FILING link on
the Board’s Web site at https://
www.stb.gov. Any person submitting a
filing in the traditional paper format
should send an original and 10 copies
referring to Docket No. EP 682 (Sub-No.
8) to: Surface Transportation Board, 395
E Street SW., Washington, DC 20423–
0001.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Jonathon Binet, (202) 245–0368.
Assistance for the hearing impaired is
available through the Federal
Information Relay Service (FIRS) at
(800) 877–8339.
SUPPLEMENTARY INFORMATION: The
RSAM figure is one of three benchmarks
that together are used to determine the
reasonableness of a challenged rate
under the Board’s Simplified Standards
for Rail Rate Cases, EP 646 (Sub-No. 1),
slip op. at 10 (STB served Sept. 5,
2007),1 as further revised in Simplified
Standards for Rail Rate Cases—Taxes in
Revenue Shortfall Allocation Method,
EP 646 (Sub-No. 2) (STB served Nov. 21,
2008). RSAM is intended to measure the
average markup that the railroad would
need to collect from all of its
‘‘potentially captive traffic’’ (traffic with
a revenue-to-variable-cost ratio above
180%) to earn adequate revenues as
measured by the Board under 49 U.S.C.
10704(a)(2) (i.e., earn a return on
investment equal to the railroad
industry cost of capital). Simplified
Standards–Taxes in RSAM, slip op. at 1.
In Simplified Standards–Taxes in
RSAM, slip op. at 3, 5, the Board
modified its RSAM formula to account
for taxes, as the prior formula
mistakenly compared pre-tax and aftertax revenues. In that decision, the Board
stated that it would institute a separate
proceeding in which Class I railroads
would be required to submit the annual
tax information necessary for the
Board’s annual RSAM calculation. Id. at
5–6.
In Annual Submission of Tax
Information for Use in the Revenue
Shortfall Allocation Method, EP 682
(STB served Feb. 26, 2010), the Board
adopted rules to require AAR—a
national trade association—to annually
calculate and submit to the Board the
weighted average state tax rate for each
Class I railroad. See 49 CFR 1135.2(a).
On May 25, 2017, AAR filed its
calculation of the weighted average state
tax rates for 2016, listed below for each
Class I railroad:
WEIGHTED AVERAGE STATE TAX RATES
[In percent]
Railroad
2016
asabaliauskas on DSKBBXCHB2PROD with NOTICES
BNSF Railway Company ..............................................................................................................................................
CSX Transportation, Inc. ...............................................................................................................................................
Grand Trunk Corporation ..............................................................................................................................................
The Kansas City Southern Railway ..............................................................................................................................
Norfolk Southern Combined ..........................................................................................................................................
Soo Line Corporation ....................................................................................................................................................
Union Pacific Railroad Company ..................................................................................................................................
Any party wishing to comment on
AAR’s calculation of the 2016 weighted
average state tax rates should file a
comment by July 5, 2017. See 49 CFR
1135.2(c). If any comments opposing
AAR’s calculations are filed, AAR’s
reply will be due by July 25, 2017. Id.
If any comments are filed, the Board
will review AAR’s submission, together
with the comments, and serve a
decision within 60 days of the close of
the record that either accepts, rejects, or
modifies AAR’s railroad-specific tax
information. Id. If no comments are filed
1 Aff’d sub nom. CSX Transp., Inc. v. STB, 568
F.3d 236 (D.C. Cir. 2009), vacated in part on reh’g,
5.288
5.160
7.761
5.447
5.410
8.071
5.636
CSX Transp., Inc. v. STB, 584 F.3d 1076 (D.C. Cir.
2009).
VerDate Sep<11>2014
18:42 Jun 02, 2017
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PO 00000
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Fmt 4703
Sfmt 4703
2015
5.271
5.247
7.767
5.430
5.501
8.083
5.655
% Change
0.017
¥0.087
¥0.006
0.017
¥0.091
¥0.012
¥0.019
by July 5, 2017, AAR’s submitted
weighted average state tax rates will be
automatically adopted by the Board,
effective July 6, 2017. Id.
Decided: May 31, 2017.
E:\FR\FM\05JNN1.SGM
05JNN1
25904
Federal Register / Vol. 82, No. 106 / Monday, June 5, 2017 / Notices
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Rena Laws-Byrum,
Clearance Clerk.
Mr.
Jorge E. Panteli, Compliance and Land
Use Specialist, Federal Aviation
Administration New England Region
Airports Division, 1200 District Avenue,
Burlington, Massachusetts 01803.
Telephone: 781–238–7618.
FOR FURTHER INFORMATION CONTACT:
[FR Doc. 2017–11565 Filed 6–2–17; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Notice of Opportunity for Public
Comment on a Land Use Change From
Aeronautical to Non-Aeronautical Use
for Revenue Generation of 5 Acres of
Airport Land at Nantucket Memorial
Airport, Nantucket, MA
Federal Aviation
Administration (FAA), DOT.
ACTION: Request for public comments.
AGENCY:
Comments must be received on
or before July 5, 2017.
ADDRESSES: You may send comments
using any of the following methods:
• Federal eRulemaking Portal: Go to
https://www.regulations.gov, and follow
the instructions on providing
comments.
• Fax: 202–493–2251.
• Mail: U.S. Department of
Transportation, Docket Operations, M–
30, West Building Ground Floor, Room
W 12–140, 1200 New Jersey Avenue SE.,
Washington, DC 20590.
• Hand Delivery: Deliver to mail
address above between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays.
Interested persons may inspect the
request and supporting documents by
contacting the FAA at the address listed
under FOR FURTHER INFORMATION
CONTACT.
asabaliauskas on DSKBBXCHB2PROD with NOTICES
17:31 Jun 02, 2017
Jkt 241001
BILLING CODE P
DEPARTMENT OF TRANSPORTATION
Federal Highway Administration
Federal Highway
Administration (FHWA), DOT.
ACTION: Notice of Intent to prepare a
Supplemental Draft Environmental
Impact Statement.
AGENCY:
Notice is being given that the
FAA is considering a request from the
Town of Nantucket in Nantucket, MA,
to change the current land use from
aeronautical use to non-aeronautical use
of a 5 acre parcel of land. The parcel is
located in the northwestern quadrant of
the airport and is adjacent to other nonairport parcels used for industrial and/
or commercial use properties. The
parcel is currently identified as surplus
for non-aeronautical use on the airport’s
September 16, 2015 Airport Layout
Plan. The parcel will be used to generate
non-aeronautical revenue through the
lease of land for industrial/commercial
use. All revenues through the leasing of
the parcel will continue to be subject to
the FAA’s revenue-use policy and
dedicated to the maintenance and
operation of Nantucket Memorial
Airport.
VerDate Sep<11>2014
[FR Doc. 2017–11478 Filed 6–2–17; 8:45 am]
Environmental Impact Statement;
Mobile and Baldwin Counties, Alabama
SUMMARY:
DATES:
Issued in Burlington, Massachusetts, on
May 24, 2017.
Mary T. Walsh,
Manager, ANE–600.
The FHWA in cooperation
with the Alabama Department of
Transportation (ALDOT), will prepare a
limited scope Supplemental Draft
Environmental Impact Statement
(SDEIS) for the I–10 Mobile River Bridge
and Bayway Widening project in Mobile
and Baldwin Counties, Alabama. The
Draft Environmental Impact Statement
(DEIS) was approved by FHWA on July
22, 2014. The purpose of the SDEIS is
to evaluate new information regarding
environmental impacts and changes in
project conditions that have occurred
since the July 2014 DEIS.
FOR FURTHER INFORMATION CONTACT: Mr.
Mark D. Bartlett, Division
Administrator, Federal Highway
Administration, 9500 Wynlakes Place,
Montgomery, Alabama 36117; Email:
mark.bartlett@dot.gov; Telephone: (334)
274–6350.
SUPPLEMENTARY INFORMATION: The
FHWA, in cooperation with the ALDOT,
will prepare a limited scope SDEIS in
accordance with 23 CFR 771.130(f) and
40 CFR 1502.9 for the proposed project
which includes increasing the capacity
of Interstate Route 10 (I–10) by
constructing a new bridge across the
Mobile River and increasing the
capacity of I–10 across Mobile Bay from
four to eight lanes. The DEIS for the
project was approved on July 22, 2014
(FHWA–AL–EIS–14–01–D). The DEIS
evaluated a wide range of alternatives,
including the No Build Alternative and
four Build Alternatives. Alternative B
was identified as the Preferred
Alternative. Public Hearings were held
SUMMARY:
PO 00000
Frm 00150
Fmt 4703
Sfmt 4703
on September 23 and September 29,
2014, following approval of the DEIS.
The purpose of the SDEIS is to
identify changes, new information, and
activities that have occurred in the
project since the July 2014 DEIS. Based
on coordination between FHWA and
ALDOT, the issues to be addressed in
the SDEIS will include, but are not
limited to: Refinements in Alternative
B’, storm surge analysis, tolling as a
funding mechanism, Section 4(f)
Evaluation, Section 106 consultation,
bicycle/pedestrian facilities, threatened
and endangered species, ecological
resources, hazardous materials, cultural
resources surveys, and agency
coordination and public outreach
activities. The SDEIS will review
information from the original DEIS,
incorporate new information into the
SDEIS, and update the impacts and
analyses where changes have occurred
since the DEIS was approved. The DEIS
is available at:
www.mobileriverbridge.com.
The SDEIS will follow the same
process and format as the original DEIS,
except that scoping is not required.
Following approval of the SDEIS,
FHWA plans to issue a combined Final
Environmental Impact Statement (FEIS)/
Record of Decision (ROD).
Public involvement is a critical
component of the National
Environmental Policy Act (NEPA)
project development process and will
occur throughout the development of
the environmental documents.
Environmental documents will be made
available for review by resources
agencies and the public. Notification of
the availability of the SDEIS for public
and agency review will be made in the
Federal Register, the project’s Web site
(www.mobileriverbridge.com), and
through other methods to be jointly
determined by FHWA and ALDOT.
Those methods will identify where
interested parties can go to review a
copy of the SDEIS. The agency and
public comment period on the SDEIS
will end no sooner than 45 days after
the Notice of Availability is published
in the Federal Register.
Public Hearing(s) will be held
following the availability of the SDEIS
and as necessary. The Public Hearing(s)
will be held in accessible locations and
at convenient times. The Public
Hearing(s) will be conducted by ALDOT
and announced a minimum of 30 days
in advance of the hearings. Individuals
will be provided the opportunity to offer
official comments by publicly
expressing their views to representatives
of ALDOT and others in attendance,
privately to a court reporter, or by
submitting written comments. The
E:\FR\FM\05JNN1.SGM
05JNN1
]]>Agencies
[Federal Register Volume 82, Number 106 (Monday, June 5, 2017)]
[Notices]
[Pages 25903-25904]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-11565]
=======================================================================
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. EP 682 (Sub-No. 8)]
2016 Tax Information for use In the Revenue Shortfall Allocation
Method
AGENCY: Surface Transportation Board.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Board is publishing, and providing the public an
opportunity to comment on, the 2016 weighted average state tax rates
for each Class I railroad, as calculated by the Association of American
Railroads (AAR), for use in the Revenue Shortfall Allocation Method
(RSAM).
DATES: Comments are due by July 5, 2017. If any comment opposing AAR's
calculation is filed, AAR's reply will be due by July 25, 2017. If no
comments are filed by the due date, AAR's calculation of the 2016
weighted average state tax rates will be automatically adopted by the
Board, effective July 6, 2017.
ADDRESSES: Comments may be submitted either via the Board's e-filing
format or in traditional paper format. Any person using e-filing should
attach a document and otherwise comply with the instructions at the E-
FILING link on the Board's Web site at https://www.stb.gov. Any person
submitting a filing in the traditional paper format should send an
original and 10 copies referring to Docket No. EP 682 (Sub-No. 8) to:
Surface Transportation Board, 395 E Street SW., Washington, DC 20423-
0001.
FOR FURTHER INFORMATION CONTACT: Jonathon Binet, (202) 245-0368.
Assistance for the hearing impaired is available through the Federal
Information Relay Service (FIRS) at (800) 877-8339.
SUPPLEMENTARY INFORMATION: The RSAM figure is one of three benchmarks
that together are used to determine the reasonableness of a challenged
rate under the Board's Simplified Standards for Rail Rate Cases, EP 646
(Sub-No. 1), slip op. at 10 (STB served Sept. 5, 2007),\1\ as further
revised in Simplified Standards for Rail Rate Cases--Taxes in Revenue
Shortfall Allocation Method, EP 646 (Sub-No. 2) (STB served Nov. 21,
2008). RSAM is intended to measure the average markup that the railroad
would need to collect from all of its ``potentially captive traffic''
(traffic with a revenue-to-variable-cost ratio above 180%) to earn
adequate revenues as measured by the Board under 49 U.S.C. 10704(a)(2)
(i.e., earn a return on investment equal to the railroad industry cost
of capital). Simplified Standards-Taxes in RSAM, slip op. at 1. In
Simplified Standards-Taxes in RSAM, slip op. at 3, 5, the Board
modified its RSAM formula to account for taxes, as the prior formula
mistakenly compared pre-tax and after-tax revenues. In that decision,
the Board stated that it would institute a separate proceeding in which
Class I railroads would be required to submit the annual tax
information necessary for the Board's annual RSAM calculation. Id. at
5-6.
---------------------------------------------------------------------------
\1\ Aff'd sub nom. CSX Transp., Inc. v. STB, 568 F.3d 236 (D.C.
Cir. 2009), vacated in part on reh'g, CSX Transp., Inc. v. STB, 584
F.3d 1076 (D.C. Cir. 2009).
---------------------------------------------------------------------------
In Annual Submission of Tax Information for Use in the Revenue
Shortfall Allocation Method, EP 682 (STB served Feb. 26, 2010), the
Board adopted rules to require AAR--a national trade association--to
annually calculate and submit to the Board the weighted average state
tax rate for each Class I railroad. See 49 CFR 1135.2(a). On May 25,
2017, AAR filed its calculation of the weighted average state tax rates
for 2016, listed below for each Class I railroad:
Weighted Average State Tax Rates
[In percent]
----------------------------------------------------------------------------------------------------------------
Railroad 2016 2015 % Change
----------------------------------------------------------------------------------------------------------------
BNSF Railway Company............................................ 5.288 5.271 0.017
CSX Transportation, Inc......................................... 5.160 5.247 -0.087
Grand Trunk Corporation......................................... 7.761 7.767 -0.006
The Kansas City Southern Railway................................ 5.447 5.430 0.017
Norfolk Southern Combined....................................... 5.410 5.501 -0.091
Soo Line Corporation............................................ 8.071 8.083 -0.012
Union Pacific Railroad Company.................................. 5.636 5.655 -0.019
----------------------------------------------------------------------------------------------------------------
Any party wishing to comment on AAR's calculation of the 2016
weighted average state tax rates should file a comment by July 5, 2017.
See 49 CFR 1135.2(c). If any comments opposing AAR's calculations are
filed, AAR's reply will be due by July 25, 2017. Id. If any comments
are filed, the Board will review AAR's submission, together with the
comments, and serve a decision within 60 days of the close of the
record that either accepts, rejects, or modifies AAR's railroad-
specific tax information. Id. If no comments are filed by July 5, 2017,
AAR's submitted weighted average state tax rates will be automatically
adopted by the Board, effective July 6, 2017. Id.
Decided: May 31, 2017.
[[Page 25904]]
By the Board, Rachel D. Campbell, Director, Office of
Proceedings.
Rena Laws-Byrum,
Clearance Clerk.
[FR Doc. 2017-11565 Filed 6-2-17; 8:45 am]
BILLING CODE 4915-01-P
