Abandonment and Discontinuance of Rail Lines and Rail Transportation Under 49 U.S.C. 10903

요약

The ICC Termination Act of 1995 revised the law governing applications by rail carriers to abandon or discontinue service over lines of railroad and related offers of financial assistance that would continue rail service after approval of abandonment or discontinuance by the Surface Transportation Board (Board). The Board now revises part 1152 to implement the changes and update the pertinent regulations, and to streamline the abandonment and discontinuance processes consistent with the new law. While making a number of changes, both substantive and conforming, the Board has not undertaken a comprehensive revision or rewrite of all of the existing regulations at part 1152 in this proceeding. The Board also is making conforming changes to the environmental rules at part 1105.