Proposed rule published on April 7 by Transportation Department

Proposed rule published on April 7 by Transportation Department

The US Transportation Department published a three page proposed rule on April 7, according to the U.S. Government Publishing Office.

The proposed rule is focused on Railroad Revenue Adequacy: Petition of the Western Coal Traffic League To Institute a Rulemaking Proceeding To Abolish the Use of the Multi-Stage Discounted Cash Flow Model in Determining the Railroad Industry's Cost of Equity Capital.

The Department handles nearly all infrastructure crisscrossing the country. Downsizing the Federal Government, a project aimed at lowering taxes and boosting federal efficiency, said the Department should be privatized to save money, reduce congestion and spur innovation.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Transportation Department on April 7

Title
Proposed Amendment of Class E Airspace; Taylor, TX
Federal Motor Vehicle Safety Standards; Rear Visibility
Airworthiness Directives; Fokker Services B.V. Airplanes
Railroad Revenue Adequacy: Petition of the Western Coal Traffic League To Institute a Rulemaking Proceeding To Abolish the Use of the Multi-Stage Discounted Cash Flow Model in Determining the Railroad Industry's Cost of Equity Capital
Ex-USNS COMET Available for Donation
Commercial Driver's License: Commonwealth of Virginia, Department of Motor Vehicles; Application for Exemption
Norfolk Southern Railway Company-Abandonment Exemption-in Prince Edward County, VA
Agency Information Collection Activities; Revision of a Currently Approved Information Collection Request: Hazardous Materials Safety Permits
Requirements for the Secretary of Transportations Recognizing Aviation and Aerospace Innovation in Science and Engineering Awards

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