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DOT/FRA | RIN: 2130-AB24 | Publication ID: Spring 2002 |
Title: Regulations on Safety Integration Plans Governing Railroad Consolidations, Mergers, Acquisitions of Control and Start-Up Operations | |
Abstract: FRA prepared a proposed rule that would require a railroad to file a Safety Integration Plan with the Federal Railroad Administration (1) whenever a Class I railroad, the National Railroad Passenger Corporation, or a railroad providing commuter service proposes to merge, consolidate or acquire control of one another; (2) whenever an entity proposes to start operations as a railroad; (3) whenever a Class II railroad proposes to consolidate, merge, or acquire control of another Class II railroad with which it would directly interchange freight, or (4) whenever a railroad merger, consolidation or acquisition of control would result in operations that generate revenue in excess of the Class I threshold. The proposed rule prescribed content and subject matter areas that must be addressed in each plan before FRA may approve of such plan. FRA prepared a final rule and coordinated with the Surface Transportation Board to issue rulemaking actions covering these transactions within the framework of each agency's jurisdiction. | |
Agency: Department of Transportation(DOT) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 49 CFR 244 49 CFR 1.49 | |
Legal Authority: 49 USC 20103 49 USC 20107 49 USC 21301 28 USC 2461 |
Legal Deadline:
None |
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Timetable:
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Additional Information: A public hearing on this rulemaking was held on May 4, 1999. | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
Agency Contact: Jon Kaplan Trial Attorney Department of Transportation Federal Railroad Administration 400 Seventh Street SW., Washington, DC 20590 Phone:202 493-6042 |