94 STAT. 1936
PUBLIC LAW 96-448—OCT. 14, 1980
the Interstate Commerce Commission under subchapter I of chapter 49 USC 10501. 105 of this title, principles governing the determination of economically accurate railroad costs directly and indirectly associated with particular movements of goods, including the variable costs associated with particular movements of goods or such other costs as the Board believes most accurately represent the economic costs of such movements. Such principles shall govern the determination of all railroad costs for specific regulatory proceedings under this title. "(b) In developing cost accounting principles under this section, the Board shall take into account the following considerations: "(1) The specific regulatory purposes for which railroad costs are required. "(2) The degree of accuracy of the cost information which is needed to meet regulatory purposes. "(3) The existing capability and the probable future capability of rail carriers to provide such information and the relative benefits and costs of requiring development of additional capability. "(4) The means by which the degree of economic accuracy required can be obtained at the least possible expense and with the least possible information reporting. "(5) The means by which the confidentiality of such costs can best be maintained while meeting the need for such information in regulatory proceedings. Cost information "(c) The cost accounting principles established by the Board shall disclosure. require that cost information be reported or disclosed only for the essential regulatory purposes defined by the Board. Rules. 49 USC 11163.
Review.
49 USC 11164. Ante, p. 1895. 49 USC 10501.
"§11163. Implementation of cost accounting principles "Upon the establishment of cost accounting principles by the Railroad Accounting Principles Board under section 11162 of this title, the Interstate Commerce Commission shall promptly promulgate rules to implement and enforce such principles. Not less than once every five years after the promulgation of the original rules, the Commission shall review the principles of the Board and shall, by rule, make such changes in such principles as are required to achieve the regulatory purposes of this title and the goals of this subchapter. The Commission shall insure that the rules promulgated under this section are the most efficient and least burdensome means by which the required information may be developed for regulatory purposes. "§ 11164. Certification of rail carrier cost accounting systems "(a) Within 180 days after the effective date of the Staggers Rail Act of 1980, each rail carrier providing transportation subject to the jurisdiction of the Interstate Commerce Commission under subchapter I of chapter 105 of this title shall file with the Commission a request for preliminary certification of its cost accounting system. The Commission shall grant such preliminary certification if it determines that the cost accounting system of such rail carrier is in compliance with the accounting standards of the Commission in effect on the day prior to the effective date of the Staggers Rail Act of 1980. "(b)(1) As soon as practicable, but not later than 9 months, after the promulgation of rules by the Commission under section 11163 of this title, each rail carrier described in subsection (a) of this section shall file with the Commission a request for final certification of its cost accounting system developed to comply with this section.
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