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This rulemaking is a Direct Final Rule, as prescribed under PHMSA's rulemaking authority outlined in 49 CFR 106.40 to incorporate by reference the latest edition of a technical/industry standard. PHMSA is updating its IBR material for the American Society of Mechanical Engineers Boiler and Pressure Vessel Code (ASME Code), as listed in 49 CFR 171.7(g). This direct final rule enables PHMSA to replace the 1998 Edition of the ASME Code with the 2015 Edition, which is the latest Edition published. PHMSA will update all of the specific sections of the ASME Code that it currently incorporates by reference, which include: Section II (Parts A and B); section V; section VII (Division 1); and section IX. This rulemaking is exempt from the Office of Management and Budget (OMB) review in accordance with Executive Order 12866 and the August 3, 1994 Office of Information and Regulatory Affairs (OIRA) Implementing Guidance letter to the General Counsel of the Department of Transportation (DOT). Under paragraph D. of the Guidance letter, OIRA expressly exempted from OMB review under Executive Order 12866 Research and Special Programs Administration (RSPA – now PHMSA) hazardous materials rules that incorporate technical or industry standards by reference when the amendments are limited to updates to incorporate new or amended versions of the standards referenced.