Annual Submission of Tax Information for Use in the Revenue Shortfall Allocation Method
The Surface Transportation Board (Board) is amending 49 CFR part 1135 to add a rule that requires the Association of American Railroads (AAR) to annually update each Class I railroad's weighted average State tax rate for use in the Revenue Shortfall Allocation Method (RSAM). RSAM 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, STB Docket No. 646 (Sub-No. 1) (STB served Sept. 5, 2007) (Simplified Standards).\1\ The new rule requires that the AAR submit this information by May 30 of each year.
The Indiana Rail Road Company-Abandonment Exemption-in Martin and Lawrence Counties, IN; CSX Transportation, Inc.-Discontinuance of Service Exemption-in Clark, Floyd, Lawrence, Orange, and Washington Counties, IN
Staff members of the Surface Transportation Board will hold a public meeting concerning the abandonment and discontinuance petitions for exemption in the respective above-titled dockets. The purpose of the meeting is to allow interested persons to comment on the petitions for exemption.
Waybill Data Reporting for Toxic Inhalation Hazards
The Board proposes to amend its rules with respect to Waybill Sample information railroads are required to submit to the Board. Currently, railroads that are required to file Waybill Sample information report a random sample of as little as 1% of carloads on a waybill. The proposed amendment, set forth below, would expand the carload Waybill Sample information submitted to include all traffic movements designated as a TIH (Toxic Inhalation Hazard). The revised reporting would commence with the January 2011 Waybill Sample collection.
Railroad Cost Recovery Procedures-Productivity Adjustment
In a decision served on February 1, 2010, we proposed to adopt 1.010 (1.0% per year) as the measure of average change in railroad productivity for the 2004-2008 (5-year) averaging period. This is a decline of 0.5 of a percentage point from the current measure of 1.5% that was developed for the 2003-2007 period. The Board's February 1, 2010 decision in this proceeding stated that comments may be filed