81_FR_1295 81 FR 1289 - Adjustment to Rail Passenger Transportation Liability Cap

81 FR 1289 - Adjustment to Rail Passenger Transportation Liability Cap

DEPARTMENT OF TRANSPORTATION
Office of the Secretary of Transportation

Federal Register Volume 81, Issue 6 (January 11, 2016)

Page Range1289-1289
FR Document2016-00301

This notice details the adjustment made to the rail passenger transportation liability cap under section 11415 of the Fixing America's Surface Transportation (FAST) Act (December 7, 2015). As a result of the FAST Act, the rail passenger transportation liability cap is raised from $200,000,000 to $294,278,983.

Federal Register, Volume 81 Issue 6 (Monday, January 11, 2016)
[Federal Register Volume 81, Number 6 (Monday, January 11, 2016)]
[Notices]
[Page 1289]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-00301]


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DEPARTMENT OF TRANSPORTATION

Office of the Secretary of Transportation


Adjustment to Rail Passenger Transportation Liability Cap

AGENCY: Office of the Secretary of Transportation (OST), Department of 
Transportation (DOT).

ACTION: Notice.

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

SUMMARY: This notice details the adjustment made to the rail passenger 
transportation liability cap under section 11415 of the Fixing 
America's Surface Transportation (FAST) Act (December 7, 2015). As a 
result of the FAST Act, the rail passenger transportation liability cap 
is raised from $200,000,000 to $294,278,983.

DATES: This adjustment will go into effect 30 days after the date of 
publication of this notice.

FOR FURTHER INFORMATION CONTACT: For further information regarding this 
notice, please contact Stephanie Lawrence, Office of Policy and 
Planning, Federal Railroad Administration, 1200 New Jersey Avenue SE., 
Mail Stop 20, Washington, DC 20590; Email: [email protected]; 
Phone: (202) 493-1376; Fax: (202) 493-6333.

SUPPLEMENTARY INFORMATION:
    Notice: The Department of Transportation is publishing the 
inflation adjusted index factors for the rail passenger transportation 
liability cap under 49 U.S.C. 28103(a)(2), as directed by section 11415 
of the FAST Act. The index methodology ensures that the allowable 
awards to all rail passengers, against all defendants, for all claims, 
including claims for punitive damages, arising from a single accident 
or incident is based on current dollars and is adjusted for inflation 
from the $200,000,000 cap that went into effect on December 2, 1997.
    Under the FAST Act, the index is adjusted to the date of enactment 
of the FAST Act using the Bureau of Labor Statistics (BLS) Consumer 
Price Index-All Urban Consumers. The index is based on the month of the 
original liability cap and the last full month prior to the enactment 
of the FAST Act on December 7, 2015 (December 1997 to November 2015, 
the last available month of the monthly index). Thereafter, the FAST 
Act directs the Secretary to update the liability cap every fifth year 
after the date of the FAST Act's enactment. The table below shows the 
Index and inflator FRA used to calculate an inflation adjusted amount 
of $294,278,983.

                      Passenger Liability Cap Inflation Adjusted Index and Inflation Factor
----------------------------------------------------------------------------------------------------------------
                              Month                                    Index         Inflator      Liability cap
----------------------------------------------------------------------------------------------------------------
December 1997...................................................          161.30            1.00    $200,000,000
November 2015...................................................          237.34            1.47     294,278,983
----------------------------------------------------------------------------------------------------------------

    The adjustment of the rail passenger transportation liability cap 
to $294,278,983 shall be effective 30 days after the date of 
publication of this notice.

Anthony R. Foxx,
Secretary of Transportation.
[FR Doc. 2016-00301 Filed 1-8-16; 8:45 am]
BILLING CODE 4910-06-P



                                                                                        Federal Register / Vol. 81, No. 6 / Monday, January 11, 2016 / Notices                                                                   1289

                                                government issued identification to gain                                www.regulations.gov including any                                   Administration, 1200 New Jersey
                                                admittance to the DOT Building. Those                                   personal information provided.                                      Avenue SE., Mail Stop 20, Washington,
                                                who do not register in advance may not                                     Authority: 49 U.S.C. 30182; 23 U.S.C. 403                        DC 20590; Email:
                                                be able to attend because of limited                                                                                                        stephanie.lawrence@dot.gov; Phone:
                                                space in the DOT Conference Center. To                                  Mike Brown,                                                         (202) 493–1376; Fax: (202) 493–6333.
                                                register please contact J. Stephen                                      Acting Associate Administrator, Research
                                                                                                                        and Program Development.                                            SUPPLEMENTARY INFORMATION:
                                                Higgins by email: james.higgins@dot.gov
                                                or by phone: 202–366–3976 (email                                        [FR Doc. 2016–00296 Filed 1–8–16; 8:45 am]                             Notice: The Department of
                                                preferred).                                                             BILLING CODE 4910–59–P                                              Transportation is publishing the
                                                   Public Comment: Members of the                                                                                                           inflation adjusted index factors for the
                                                public are encouraged to comment                                                                                                            rail passenger transportation liability
                                                either in person at the meeting or at                                   DEPARTMENT OF TRANSPORTATION                                        cap under 49 U.S.C. 28103(a)(2), as
                                                http://www.regulations.gov. In order to                                                                                                     directed by section 11415 of the FAST
                                                allow as many people as possible to                                     Office of the Secretary of                                          Act. The index methodology ensures
                                                provide comments at the meeting,                                        Transportation                                                      that the allowable awards to all rail
                                                speakers are requested to limit their                                                                                                       passengers, against all defendants, for
                                                                                                                        Adjustment to Rail Passenger                                        all claims, including claims for punitive
                                                remarks to 5 minutes. You may submit                                    Transportation Liability Cap
                                                written comments identified by DOT                                                                                                          damages, arising from a single accident
                                                Docket ID Number NHTSA–2015–0121                                        AGENCY: Office of the Secretary of                                  or incident is based on current dollars
                                                using any of the following methods:                                     Transportation (OST), Department of                                 and is adjusted for inflation from the
                                                   Electronic submissions: Go to http://                                Transportation (DOT).                                               $200,000,000 cap that went into effect
                                                www.regulations.gov. Follow the on-line                                 ACTION: Notice.                                                     on December 2, 1997.
                                                instructions for submitting comments.                                                                                                          Under the FAST Act, the index is
                                                   Mail: Docket Management Facility,                                    SUMMARY:   This notice details the                                  adjusted to the date of enactment of the
                                                M–30, U.S. Department of                                                adjustment made to the rail passenger                               FAST Act using the Bureau of Labor
                                                Transportation, 1200 New Jersey                                         transportation liability cap under                                  Statistics (BLS) Consumer Price Index-
                                                Avenue SE., West Building Ground                                        section 11415 of the Fixing America’s                               All Urban Consumers. The index is
                                                Floor, Room W12–140, Washington, DC                                     Surface Transportation (FAST) Act                                   based on the month of the original
                                                20590.                                                                  (December 7, 2015). As a result of the                              liability cap and the last full month
                                                   Hand Delivery: West Building Ground                                  FAST Act, the rail passenger                                        prior to the enactment of the FAST Act
                                                Floor, Room W12–140, 1200 New Jersey                                    transportation liability cap is raised                              on December 7, 2015 (December 1997 to
                                                Avenue SE., Washington, DC, between 9                                   from $200,000,000 to $294,278,983.                                  November 2015, the last available
                                                a.m. and 5 p.m., Monday through                                         DATES: This adjustment will go into                                 month of the monthly index).
                                                Friday, except Federal holidays. Fax: 1–                                effect 30 days after the date of                                    Thereafter, the FAST Act directs the
                                                (202) 493–2251.                                                         publication of this notice.                                         Secretary to update the liability cap
                                                   Instructions: Each submission must                                   FOR FURTHER INFORMATION CONTACT: For                                every fifth year after the date of the
                                                include the Agency name and the                                         further information regarding this                                  FAST Act’s enactment. The table below
                                                Docket number for this Notice. Note that                                notice, please contact Stephanie                                    shows the Index and inflator FRA used
                                                all comments received will be posted                                    Lawrence, Office of Policy and                                      to calculate an inflation adjusted
                                                without change to http://                                               Planning, Federal Railroad                                          amount of $294,278,983.

                                                                                     PASSENGER LIABILITY CAP INFLATION ADJUSTED INDEX AND INFLATION FACTOR
                                                                                                               Month                                                                         Index          Inflator      Liability cap

                                                December 1997 ...........................................................................................................................        161.30            1.00   $200,000,000
                                                November 2015 ...........................................................................................................................        237.34            1.47    294,278,983



                                                   The adjustment of the rail passenger                                 ACTION:      Notice.                                                DATES:Effective January 1, 2016 to
                                                transportation liability cap to                                                                                                             March 31, 2016.
                                                $294,278,983 shall be effective 30 days                                 SUMMARY:   For the period beginning                                 FOR FURTHER INFORMATION CONTACT:
                                                after the date of publication of this                                   January 1, 2016, and ending on March                                Adam Charlton, Manager, Federal
                                                notice.                                                                 31, 2016, the U.S. Immigration and                                  Borrowings Branch, Office of Public
                                                Anthony R. Foxx,                                                        Customs Enforcement Immigration                                     Debt Accounting, Bureau of the Fiscal
                                                Secretary of Transportation.
                                                                                                                        Bond interest rate is 0.14 per centum                               Service, Parkersburg, West Virginia,
                                                                                                                        per annum.                                                          26106–1328, (304) 480–5248; Sam Doak,
                                                [FR Doc. 2016–00301 Filed 1–8–16; 8:45 am]
                                                                                                                        ADDRESSES:  Comments or inquiries may                               Reporting Team Leader, Federal
                                                BILLING CODE 4910–06–P
                                                                                                                        be mailed to Sam Doak, Reporting Team                               Borrowings Branch, Division of
                                                                                                                        Leader, Federal Borrowings Branch,                                  Accounting Operations, Office of Public
                                                                                                                        Division of Accounting Operations,                                  Debt Accounting, Bureau of the Fiscal
ebenthall on DSK6SPTVN1PROD with NOTICES




                                                DEPARTMENT OF THE TREASURY                                              Office of Public Debt Accounting,                                   Service, Parkersburg, West Virginia,
                                                                                                                        Bureau of the Fiscal Service,                                       26106–1328, (304) 480–5117.
                                                Departmental Offices; Interest Rate
                                                Paid on Cash Deposited to Secure U.S.                                   Parkersburg, West Virginia, 26106–1328.                             SUPPLEMENTARY INFORMATION:      Federal
                                                Immigration and Customs;                                                You can download this notice at the                                 law requires that interest payments on
                                                Enforcement Immigration Bonds                                           following Internet addresses: http://                               cash deposited to secure immigration
                                                                                                                        www.treasury.gov or http://                                         bonds shall be ‘‘at a rate determined by
                                                AGENCY:       Departmental Offices, Treasury.                           www.federalregister.gov.                                            the Secretary of the Treasury, except


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Document Created: 2016-01-16 01:07:16
Document Modified: 2016-01-16 01:07:16
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesThis adjustment will go into effect 30 days after the date of publication of this notice.
ContactFor further information regarding this notice, please contact Stephanie Lawrence, Office of Policy and Planning, Federal Railroad Administration, 1200 New Jersey Avenue SE., Mail Stop 20, Washington, DC 20590; Email: [email protected]; Phone: (202) 493-1376; Fax: (202) 493-6333.
FR Citation81 FR 1289 

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