Railroad Revenue Adequacy-2019 Determination, 63327 [2020-22100]

Download as PDF Federal Register / Vol. 85, No. 195 / Wednesday, October 7, 2020 / Notices from all interested individuals and organizations. The purpose of this notice is to allow 30 days for public comment. Submit comments up to November 6, 2020. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Direct requests for additional information regarding the collection listed in this notice may be submitted to Megan Herndon, who may be reached over telephone at (202) 485–7586 or email at PRA_BurdenComments@ state.gov. DATES: SUPPLEMENTARY INFORMATION: • Title of Information Collection: J–1 Visa Waiver Recommendation Application. • OMB Control Number: 1405–0135. • Type of Request: Revision of a Currently Approved Collection. • Originating Office: Bureau of Consular Affairs, Visa Office (CA/VO). • Form Number: DS–3035. • Respondents: J–1 visa holders applying for a waiver of the two-year foreign residence requirement. • Estimated Number of Respondents: 8,145. • Estimated Number of Responses: 8,145. • Average Time per Response: 1 hour. • Total Estimated Burden Time: 8,145 hours. • Frequency: On occasion. • Obligation to Respond: Required to Obtain or Retain a Benefit. We are soliciting public comments to permit the Department to: • Evaluate whether the proposed information collection is necessary for the proper functions of the Department. • Evaluate the accuracy of our estimate of the time and cost burden for this proposed collection, including the validity of the methodology and assumptions used. • Enhance the quality, utility, and clarity of the information to be collected. • Minimize the reporting burden on those who are to respond, including the use of automated collection techniques or other forms of information technology. Please note that comments submitted in response to this Notice are public VerDate Sep<11>2014 17:21 Oct 06, 2020 Jkt 253001 record. Before including any detailed personal information, you should be aware that your comments as submitted, including your personal information, will be available for public review. Abstract of Proposed Collection The Department of State uses Form DS–3035 to assess the eligibility of a J– 1 visa holder for a waiver of the twoyear foreign residence requirement, and to issue a recommendation of whether the Department of Homeland Security should grant a waiver of that requirement. Methodology Applicants will complete the DS– 3035 online. An applicant’s information will be downloaded into a barcode, and then a waiver case number and further instructions will be immediately issued. Next, applicants must print their online form with the barcode. Please note that the barcode must be printed in black and white only. After the DS–3035 is completed and printed out, applicants must mail their waiver application and fee payment to: Department of State J– 1 Waiver, P.O. Box 979037, St. Louis, MO 63197–9000. Edward J. Ramotowski, Deputy Assistant Secretary, Bureau of Consular Affairs, Department of State. [FR Doc. 2020–22145 Filed 10–6–20; 8:45 am] BILLING CODE 4710–06–P SURFACE TRANSPORTATION BOARD [Docket No. EP 552 (Sub-No. 24)] Railroad Revenue Adequacy—2019 Determination Surface Transportation Board. Notice of decision. AGENCY: ACTION: On October 1, 2020, the Board served a decision announcing the 2019 revenue adequacy determinations for the Nation’s Class I railroads. Five Class I railroads (BNSF Railroad Company, CSX Transportation, Inc., Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad Company) were found to be revenue adequate. DATES: This decision is effective on October 1, 2020. FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245–0333. Assistance for the hearing impaired is available through the Federal Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: Under 49 U.S.C. 10704(a)(3), the Board is required to make an annual determination of SUMMARY: PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 63327 railroad revenue adequacy. A railroad is considered revenue adequate under 49 U.S.C. 10704(a) if it achieves a rate of return on net investment (ROI) equal to at least the current cost of capital for the railroad industry. For 2019, this number was determined to be 9.34% in Railroad Cost of Capital—2019, EP 558 (Sub-No. 23) (STB served Aug. 5, 2020).1 The Board then applied this revenue adequacy standard to each Class I railroad. Five Class I carriers (BNSF Railroad Company, CSX Transportation, Inc., Norfolk Southern Combined Railroad Subsidiaries, Soo Line Corporation, and Union Pacific Railroad Company) were found to be revenue adequate for 2019. The decision in this proceeding is posted at www.stb.gov. Decided: October 1, 2020. By the Board, Board Members Begeman, Fuchs, and Oberman. Tammy Lowery, Clearance Clerk. [FR Doc. 2020–22100 Filed 10–6–20; 8:45 am] BILLING CODE 4915–01–P SURFACE TRANSPORTATION BOARD [Docket No. FD 36442] Oregon Independence Railroad, LLC— Operation Exemption—in Polk County, Or. Oregon Independence Railroad, LLC (OIRR), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to restore common carrier operations over approximately 0.4267 miles of private rail trackage, extending from milepost 0.1833, at a point of connection with Portland & Western Railroad, Inc., to milepost 0.61 (the center-line of the Polk Street grade crossing), in Independence, Polk County, Or. (the Line). OIRR states that the Line was abandoned by the Willamette Valley Railroad Company 1 but the track was left in place. OIRR states that, since its abandonment, the Line has been used as private track and has undergone various ownership changes, with Valley & Siletz Railroad, LLC (VSRL), a noncarrier, 1 On August 24, 2020, the Western Coal Traffic League (WCTL) filed a petition seeking reconsideration of the Board’s 2019 railroad industry cost of capital in Docket No. EP 558 (SubNo. 23). That petition is currently under consideration with the Board. Should WCTL’s petition be granted, the Board will take appropriate action in this proceeding with regard to its 2019 revenue adequacy determination. 1 See Willamette Valley R.R.—Aban. Exemption— in Polk Cnty., Or., AB 403X (STB served Apr. 5, 1996) (authorizing entire system abandonment of 1.8 miles of rail line). E:\FR\FM\07OCN1.SGM 07OCN1

Agencies

[Federal Register Volume 85, Number 195 (Wednesday, October 7, 2020)]
[Notices]
[Page 63327]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-22100]


=======================================================================
-----------------------------------------------------------------------

SURFACE TRANSPORTATION BOARD

[Docket No. EP 552 (Sub-No. 24)]


Railroad Revenue Adequacy--2019 Determination

AGENCY: Surface Transportation Board.

ACTION: Notice of decision.

-----------------------------------------------------------------------

SUMMARY: On October 1, 2020, the Board served a decision announcing the 
2019 revenue adequacy determinations for the Nation's Class I 
railroads. Five Class I railroads (BNSF Railroad Company, CSX 
Transportation, Inc., Norfolk Southern Combined Railroad Subsidiaries, 
Soo Line Corporation, and Union Pacific Railroad Company) were found to 
be revenue adequate.

DATES: This decision is effective on October 1, 2020.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez, (202) 245-0333. 
Assistance for the hearing impaired is available through the Federal 
Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: Under 49 U.S.C. 10704(a)(3), the Board is 
required to make an annual determination of railroad revenue adequacy. 
A railroad is considered revenue adequate under 49 U.S.C. 10704(a) if 
it achieves a rate of return on net investment (ROI) equal to at least 
the current cost of capital for the railroad industry. For 2019, this 
number was determined to be 9.34% in Railroad Cost of Capital--2019, EP 
558 (Sub-No. 23) (STB served Aug. 5, 2020).\1\ The Board then applied 
this revenue adequacy standard to each Class I railroad. Five Class I 
carriers (BNSF Railroad Company, CSX Transportation, Inc., Norfolk 
Southern Combined Railroad Subsidiaries, Soo Line Corporation, and 
Union Pacific Railroad Company) were found to be revenue adequate for 
2019.
---------------------------------------------------------------------------

    \1\ On August 24, 2020, the Western Coal Traffic League (WCTL) 
filed a petition seeking reconsideration of the Board's 2019 
railroad industry cost of capital in Docket No. EP 558 (Sub-No. 23). 
That petition is currently under consideration with the Board. 
Should WCTL's petition be granted, the Board will take appropriate 
action in this proceeding with regard to its 2019 revenue adequacy 
determination.
---------------------------------------------------------------------------

    The decision in this proceeding is posted at www.stb.gov.

    Decided: October 1, 2020.

    By the Board, Board Members Begeman, Fuchs, and Oberman.

Tammy Lowery,
Clearance Clerk.
[FR Doc. 2020-22100 Filed 10-6-20; 8:45 am]
BILLING CODE 4915-01-P