49 U.S.C. § 10708 | Rail cost adjustment factor

(a)

The Board shall, as often as practicable, but in no event less often than quarterly, publish a rail cost adjustment factor which shall be a fraction, the numerator of which is the latest published Index of Railroad Costs (which index shall be compiled or verified by the Board, with appropriate adjustments to reflect the change in composition of railroad costs, including the quality and mix of material and labor) and the denominator of which is the same index for the fourth quarter of every fifth year, beginning with the fourth quarter of 1992.

(b)

The rail cost adjustment factor published by the Board under subsection (a) of this section shall take into account changes in railroad productivity. The Board shall also publish a similar index that does not take into account changes in railroad productivity.

Pub. L. 104–88, title I, § 102(a)Dec. 29, 1995109 Stat. 816(Added , , .)

Editorial Notes

Prior Provisions

section 10712 of this title Pub. L. 104–88, § 102(a)Provisions similar to those in this section were contained in prior to the general amendment of this subtitle by .

Pub. L. 95–473Oct. 17, 197892 Stat. 1382 Pub. L. 96–296, § 11July 1, 198094 Stat. 801 Pub. L. 97–261Sept. 20, 198296 Stat. 1112 Pub. L. 99–521, § 7(d)Oct. 22, 1986100 Stat. 2995 Pub. L. 104–88, § 102(a)A prior section 10708, , , ; , , ; , §§ 11, 12(a), , , 1113; , , , related to investigation and suspension of new nonrail carrier rates, classifications, rules, and practices, prior to the general amendment of this subtitle by .

Statutory Notes and Related Subsidiaries

Effective Date

Jan. 1, 1996Pub. L. 104–88 section 2 of Pub. L. 104–88 section 1301 of this titleSection effective , except as otherwise provided in , see , set out as a note under .