,,ii #aac? ,,congress #b;d ,session ,s4 #bggg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #h1 #bjad,mr4 ,rockefell] 7= himself & ,mr4 ,?une7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to e/abli% ! ,surface ,transportation ,bo>d z an indep5d5t e/abli%m5t1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,surface ,transportation ,bo>d ,reau?orization ,act ( #bjad4 #b4 ,ref]5ces to title #di1 ,unit$ ,/ates ,code ,except z o!rwise expressly provid$1 :]ev] 9 ?is ,act an am5dm5t or repeal is express$ 9 t]ms ( an am5dm5t to1 or repeal (1 a section or o!r provision1 ! ref]5ce %all be consid]$ to be made to a section or o!r provision ( title #di1 ,unit$ ,/ates ,code4 #c4 ,e/abli%m5t ( ,surface ,transportation ,bo>d z an indep5d5t e/abli%m5t 7a7 ,9 g5]al ,section #gja7;a7 is am5d$ to read z foll[s3 7a7 ,e/abli%m5t ,! ,surface ,transportation ,bo>d is an indep5d5t e/abli%m5t ( ! ,unit$ ,/ates ,gov]nm5t4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,adm9i/rative provisions ,section #gjc is am5d$-- 7,a7 by /rik+ subsections 7a71 7c71 7f71 & 7g72 7,b7 by r$esignat+ subsections 7b71 7d71 & 7e7 z subsections 7a71 7b71 & 7c71 respectively2 & 7,c7 by add+ at ! end ! foll[+3 7d7 ,submissions & transmittals ,:5ev] ! ,bo>d submits or transmits any budget e/imate1 budget reque/1 supplem5tal budget e/imate1 or o!r budget in=mation1 legislative recomm5dation1 prep>$ te/imony = a congressional he>+1 or comm5t on legislation to ! ,presid5t or to ! ,(fice ( ,managem5t & ,budget1 x %all concurr5tly transmit a copy !re( to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate & ! ,committee on ,transportation & ,infra/ructure ( ! ,h\se ( ,repres5tatives4 ,no (fic] or ag5cy ( ! ,unit$ ,/ates %all h any au?ority to require ! ,bo>d to submit its budget e/imates or reque/s1 legislative recomm5dations1 prep>$ te/imony = congressional he>+s1 or comm5ts on legislation to any (fic] or ag5cy ( ! ,unit$ ,/ates = approval1 comm5ts1 or review1 prior to ! submission ( ! recomm5dations1 te/imony1 or comm5ts to ,congress4 4 7#b7 ,adm9i/rative support 7,a7 ,repeal] ,section #gbe is repeal$4 7,b7 ,con=m+ am5dm5t ,! table ( cont5ts = *apt] #g is am5d$ by /rik+ ! item relat+ to section #gbe4 #d4 ,surface ,transportation ,bo>d memb]%ip 7a7 ,9 g5]al ,section #gja7;b7 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 by /rik+ #c memb]s & ins]t+ #e memb]s2 & 7,b7 by /rik+ #b memb]s & ins]t+ #c memb]s2 & 7#b7 by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+3 7#b7 ,at any giv5 "t1 at lea/ #c memb]s ( ! ,bo>d %all be individuals ) pr(essional /&+ & demon/rat$ k 9 ! fields ( transportation1 transportation regulation1 or economic regulation1 & at lea/ #b memb]s %all be individuals ) pr(essional or bus9ess exp]i5ce 7includ+ agriculture or o!r rail cu/om]s7 9 ! private sector4 4 7b7 ,repeal ( holdov] limitation ,section #gja7;b77#c7 is am5d$ by /rik+ qualifi$1 b = a p]iod n to exce$ "o ye> & ins]t+ qualifi$4 7c7 ,repeal ( obsolete provision ,section #gja7;b7 is am5d$-- 7#a7 by /rik+ p>agraph 7#d72 7#b7 by r$esignat+ p>agraphs 7#e71 7#f71 & 7#g7 z p>agraphs 7#d71 7#e71 & 7#f71 respectively2 & 7#c7 by /rik+ ,9 ! case ( an individual :o becomes a memb] ( ! ,bo>d pursuant to p>agraph 7#d71 or an individual 9 p>agraph 7#d71 z r$esignat$1 & ins]t+ ,9 ! case ( an individual4 #e4 ,nonpublic collaborative discussions ,section #gjc7;a71 z r$esignat$ by section #c ( ?is ,act1 is am5d$ to read z foll[s3 7a7 ,op5 meet+s 7#a7 ,9 g5]al ,! ,bo>d %all be deem$ to be an ag5cy = purposes ( section #eeb;b ( title #e4 7#b7 ,nonpublic collaborative discussions 7,a7 ,9 g5]al ,not)/&+ section #eeb;b ( title #e1 a majority ( ! memb]s may hold a meet+ t is n op5 to public obs]vation to discuss (ficial ag5cy bus9ess if-- 7i7 no vote or o!r disposition ( (ficial ag5cy bus9ess is tak5 at ! meet+2 7ii7 ea* individual pres5t at ! meet+ is a memb] or an employee ( ! ,bo>d2 & 7iii7 ! ,g5]al ,c\nsel ( ! ,bo>d is pres5t at ! meet+4 7,b7 ,disclosure ( nonpublic collaborative discussions ,except z provid$ "u subp>agraph 7,c71 n lat] ?an #b bus9ess days aft] ! conclusion ( a meet+ "u subp>agraph 7,a71 ! ,bo>d %all make available to ! public1 9 a place easily accessible to ! public-- 7i7 a li/ ( ! individuals pres5t at ! meet+2 & 7ii7 a summ>y ( ! matt]s discuss$ at ! meet+1 except = any matt]s ! ,bo>d prop]ly det]m9es may be )held f ! public "u section #eeb;b7c7 ( title #e4 7,c7 ,ongo+ proce$+s ,if a discussion "u subp>agraph 7,a7 relates1 directly or indirectly1 to an ongo+ proce$+ be=e ! ,bo>d1 ! ,bo>d %all make ! disclosure "u subp>agraph 7,b7 on ! date ( ! f9al ,bo>d decision4 7,d7 ,pres]vation ( op5 meet+s requirem5ts = ag5cy action ,no?+ 9 ?is p>agraph %all limit ! applicability ( section #eeb;b ( title #e ) respect to a meet+ ( ! memb]s o!r ?an t describ$ 9 ?is p>agraph4 7,e7 ,/atutory con/ruction ,no?+ 9 ?is p>agraph-- 7i7 %all limit ! applicability ( section #eeb;b ( title #e ) respect to any in=mation :i* is propos$ to be )held f ! public "u subp>agraph 7,b77ii72 & 7ii7 au?orizes ! ,bo>d to )hold f any individual any record t is accessible to t individual "u section #eeb;a ( title #e1 ,unit$ ,/ates ,code4 4 #f4 ,inve/igative au?ority 7a7 ,au?ority ,to initiate inve/igations ,section #aagja7;a7 is am5d$ by /rik+ only on compla9t & ins]t+ on ! ,bo>d's own initiative or on compla9t4 7b7 ,rate proce$+s ,section #ajgjd7;b7 is am5d$ by /rik+ ! fir/ s5t5ce & ins]t+ ,! ,bo>d may beg9 a proce$+ "u subsection 7a77#a7 on its own initiative or ^u compla9t1 except t a proce$+ to det]m9e ! reasonabl5ess ( ! level ( a rate *>g$ by a c>ri] may only be initiat$ ^u compla9t44 7c7 ,annual report2 inve/igations ,section #gjd is am5d$ by /rik+ on its activities4 & ins]t+ on its activities1 includ+ ea* in/ance 9 :i* ! ,bo>d has initiat$ an inve/igation on its own initiative "u ?is *apt] or subtitle ,,iv44 #g4 ,proc$ures = rate cases 7a7 ,simplifi$ proc$ure ,section #ajgja7;d77#c7 is am5d$ to read z foll[s3 7#c7 ,! ,bo>d %all ma9ta9 a simplifi$ & exp$it$ me?od = det]m9+ ! reasonabl5ess ( *all5g$ rates 9 ^? cases 9 :i* a full /&-alone co/ pres5tation is too co/ly1 giv5 ! value ( ! case4 4 7b7 ,exp$it$ h&l+ ,section #ajgjd7;d7 is am5d$ by /rik+ ! fir/ s5t5ce & ins]t+ ,! ,bo>d %all ma9ta9 proc$ures to ensure exp$iti\s h&l+ ( *all5ges to ! reasonabl5ess ( railroad rates44 #h4 ,rate review timel9es ,section #ajgjd7;d71 z am5d$ by section #g ( ?is ,act1 is fur!r am5d$-- 7#a7 by /rik+ 7d7 ,! & ins]t+ 7d77#a7 ,!2 & 7#b7 by add+ at ! end ! foll[+3 7#b7 7,a7 ,except z provid$ "u subp>agraph 7,b71 9 a /&-alone co/ rate *all5ge1 ! ,bo>d %all comply ) ! foll[+ timel9e3 7i7 ,= discov]y1 completion n lat] ?an #aej days aft] ! date t ! *all5ge is initiat$4 7ii7 ,= developm5t ( ! evid5ti>y record1 completion n lat] ?an #aee days aft] ! date t discov]y is complete "u clause 7i74 7iii7 ,= submission ( a clos+ brief1 submission n lat] ?an #fj days aft] ! date t developm5t ( ! evid5ti>y record is complete "u clause 7ii74 7iv7 ,= a f9al ,bo>d decision1 issuance n lat] ?an #ahj days aft] ! date t ! la/ clos+ brief is submitt$ "u clause 7iii74 7,b7 ,! ,bo>d may ext5d a timel9e "u subp>agraph 7,a7 aft] a reque/ f any p>ty or 9 ! int]e/ ( due process4 4 #i4 ,effect ( rate bundl+ ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,surface ,transportation ,bo>d %all initiate an ex p>te proce$+ on :e!r contract proposals = multiple orig9-to-de/9ation movem5ts h adv]sely impact$ ! int5t ( ,congress t ! ,surface ,transportation ,bo>d's rate *all5ge proc$ures rema9 available to %ipp]s t are subject to railroad m>ket dom9ance1 & h[ ! ,bo>d c prev5t su* practices 9 ! future4 #aj4 ,report on rate case me?odology ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,surface ,transportation ,bo>d %all report to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate & ! ,committee on ,transportation & ,infra/ructure ( ! ,h\se ( ,repres5tatives on-- 7#a7 :e!r curr5t me?odologies are suffici5t to address ! complexity ( l>ge rate cases2 & 7#b7 alt]native me?odologies t c\ld /reaml9e & exp$ite l>ge rate cases4 #aa4 ,arbitration ( c]ta9 rail rates1 practices1 & common c>ri] s]vice expectation disputes 7a7 ,9 g5]al ,*apt] #aag is am5d$ by add+ at ! end ! foll[+3 #aagji4 ,arbitration ( c]ta9 rail rates1 practices1 & common c>ri] s]vice disputes 7a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ! ,surface ,transportation ,bo>d ,reau?orization ,act ( #bjad1 ! ,bo>d %all promulgate regulations to e/abli% a b9d+ arbitration process to resolve rail rate1 practice1 & common c>ri] s]vice expectation compla9ts subject to ! jurisdiction ( ! ,bo>d4 7b7 ,cov]$ disputes ,! b9d+ arbitration process-- 7#a7 %all apply to disputes involv+ rates1 practices1 & common c>ri] s]vice expectations subject to ! jurisdiction ( ! ,bo>d2 & 7#b7 %all n apply to-- 7,a7 disputes to obta9 ! grant1 d5ial1 /ay1 or revocation ( any lic5se1 au?orization1 or exemption1 or to prescribe = ! future any conduct1 rules1 or results ( g5]al1 indu/ry-wide applicability1 or to en=ce a labor protective condition2 & 7,b7 disputes solely betwe5 #b or m rail c>ri]s4 7c7 ,arbitration proc$ures 7#a7 ,9 g5]al ,! ,bo>d-- 7,a7 may make ! b9d+ arbitration process available only to ! relevant p>ties-- 7i7 aft] ! fil+ ( a =mal compla9t2 or 7ii7 ^u petition by a p>ty at ! conclusion ( any in=mal dispute resolution process provid$ by ! ,bo>d = a compla9t subject to ?is section2 7,b7 ) respect to rate disputes1 may make ! b9d+ arbitration process available only to ! relevant p>ties if ! rail c>ri] has m>ket dom9ance1 z det]m9$ "u section #ajgjg ( ?is title2 & 7,c7 %all det]m9e :e!r to pursue ! b9d+ arbitration process n lat] ?an #cj days aft] ! date t a petition or =mal compla9t is fil$4 7#b7 ,limitation ,initiation ( ! b9d+ arbitration process %all preclude ! ,bo>d f sep>ately review+ a compla9t or dispute relat$ to ! same rail rate1 practice1 or common c>ri] s]vice expectation 9 a cov]$ dispute involv+ ! same p>ties4 7#c7 ,rates ,9 resolv+ a cov]$ dispute involv+ ! reasonabl5ess ( a rail c>ri]'s rates1 ! arbitrator or panel ( arbitrators1 z applicable1 %all consid] ! ,bo>d's me?odologies = sett+ maximum lawful rates1 giv+ due consid]ation to ! ne$ = diff]5tial pric+ to p]mit a rail c>ri] to collect adequate rev5ues )9 ! mean+ ( section #ajgjd7;a77#b74 7#d7 ,s]vice expectations ,9 resolv+ a dispute involv+ common c>ri] s]vice expectations1 ! arbitrator or panel ( arbitrators1 z applicable1 %all consid] ! rates & s]vice t]ms1 & any *anges !reto1 z publi%$ or o!rwise made available "u subsection 7b71 7c71 or 7d7 ( section #aaaja4 7d7 ,arbitration decisions ,any decision rea*$ 9 an arbitration process "u ?is section-- 7#a7 %all-- 7,a7 be consi/5t ) subtitle ,,iv2 7,b7 be 9 writ+2 7,c7 conta9 f9d+s ( fact & conclusions2 & 7,d7 be b9d+ ^u ! p>ties2 & 7#b7 %all n h any prec$5tial effect 9 any o!r or subsequ5t arbitration dispute4 7e7 ,timel9es 7#a7 ,selection ,an arbitrator or panel ( arbitrators %all be select$ n lat] ?an #ad days aft] ! date ( ! ,bo>d's decision to initiate arbitration4 7#b7 ,evid5ti>y process ,! evid5ti>y process ( ! b9d+ arbitration process %all be complet$ n lat] ?an #ij days aft] ! date t ! arbitration process is initiat$1 unless a p>ty reque/s an ext5sion & ! arbitrator or panel ( arbitrators1 z applicable1 grants x4 7#c7 ,decision ,! arbitrator or panel ( arbitrators1 z applicable1 %all issue a decision n lat] ?an #cj days aft] ! date t ! evid5ti>y record is clos$4 7#d7 ,ext5sions ,! ,bo>d may ext5d any ( ! timel9es 9 ?is subsection ^u ! agreem5t ( all p>ties 9 ! dispute4 7f7 ,arbitrators 7#a7 ,9 g5]al ,arbitration "u ?is section %all be conduct$ by an arbitrator1 or a panel ( arbitrators1 select$ f a ro/]1 ma9ta9$ by ! ,bo>d1 ( p]sons ) rail transportation1 economic regulation1 pr(essional or bus9ess exp]i5ce1 includ+ agriculture1 9 ! private sector4 7#b7 ,selection 7,a7 ,9 g5]al ,if ! p>ties _c mutually agree on an arbitrator1 or ! lead arbitrator ( a panel ( arbitrators1 ! p>ties %all select ! arbitrator or lead arbitrator f ! ro/] by alt]nately /rik+ names f ! ro/] until only #a "n rema9s4 7,b7 ,panel ( arbitrators ,= purposes ( ?is section1 a panel ( arbitrators %all be select$ z foll[s3 7i7 ,not)/&+ subp>agraph 7,a71 ea* p>ty to a dispute %all select #a arbitrator f ! ro/]4 7ii7 ,! p>ties to a dispute may mutually select #a arbitrator f ! ro/] to s]ve z ! lead arbitrator ( ! panel ( arbitrators4 7#c7 ,co/ ,! p>ties %all %>e ! co/s ( ! arbitration equally4 7g7 ,relief ,an arbitral decision "u ?is section may aw>d ! paym5t ( damages or rate prescriptive relief1 b ! value ( ! aw>d %all be limit$ z foll[s3 7#a7 ,= common c>ri] s]vice & practice disputes1 ! damage aw>d may n exce$ #b1jjj1jjj4 7#b7 ,= rate disputes1 ! damage aw>d1 includ+ any rate prescription1 may n exce$ #be1jjj1jjj1 & any rate prescription %all be limit$ to n long] ?an #e ye>s f ! date ( ! arbitral decision4 7h7 ,bo>d review ,if a p>ty appeals a decision "u ?is section to ! ,bo>d1 ! ,bo>d may review ! decision "u ?is section to det]m9e if-- 7#a7 ! decision is consi/5t ) subtitle ,,iv z appli$ by ! ,bo>d2 or 7#b7 ! aw>d limitation "u subsection 7g74 4 7b7 ,con=m+ am5dm5t ,! table ( cont5ts = *apt] #aag is am5d$ by add+ at ! end ! foll[+3 #aagji4 ,arbitration ( c]ta9 rail rate1 practice1 & common c>ri] s]vice disputes4 4 #ab4 ,compilation ( compla9ts at ,surface ,transportation ,bo>d 7a7 ,9 g5]al ,section #gjd1 z am5d$ by section #f ( ?is ,act1 is fur!r am5d$-- 7#a7 by /rik+ ! section head+ & ins]t+ ! foll[+3 #gjd4 ,reports 2 7#b7 by ins]t+ 7a7 ,annual report4-- be=e ,! ,bo>d & ind5t+ appropriately2 & 7#c7 by add+ at ! end ! foll[+3 7b7 ,compla9ts 7#a7 ,9 g5]al ,! ,bo>d %all e/abli% & ma9ta9 a database ( compla9ts receiv$ by ! ,bo>d4 7#b7 ,qu>t]ly reports ,! ,bo>d %all po/ a qu>t]ly report ( =mal & in=mal s]vice compla9ts receiv$ by ! ,bo>d dur+ ! previ\s qu>t] t includes-- 7,a7 a li/ ( ! type ( ea* compla9t2 7,b7 ! geographic region ( ea* compla9t2 & 7,c7 ! resolution ( ea* compla9t1 if appropriate4 7#c7 ,writt5 cons5t ,! qu>t]ly report may id5tify a compla9ant t submitt$ an in=mal compla9t only ^u ! writt5 cons5t ( ! compla9ant4 7#d7 ,website po/+ ,ea* qu>t]ly report %all be po/$ on ! ,bo>d's public website4 4 7b7 ,con=m+ am5dm5t ,! table ( cont5ts = *apt] #g is am5d$ by /rik+ ! item relat+ to section #gjd & ins]t+ ! foll[+3 #gjd4 ,reports4 4 #ac4 ,qu>t]ly reports ,n lat] ?an #fj days aft] ! date ( enactm5t ( ?is ,act1 ! ,surface ,transportation ,bo>d %all beg9 provid+ qu>t]ly reports to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate & ! ,committee on ,transportation & ,infra/ructure ( ! ,h\se ( ,repres5tatives on ! ,surface ,transportation ,bo>d's progress t[>d address+ ! issues rais$ 9 ea* unf9i%$ regulatory proce$+1 reg>dless ( :e!r ! proce$+ is subject to a /atutory or regulatory deadl9e4 #ad4 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 z "p ( ,docket ,no4 ,,ep #gbb1 ! ,surface ,transportation ,bo>d %\ld consid] ! co/s & b5efits ( ! annual det]m9ations ( rev5ue adequacy = ,class ,i railroads2 7#b7 ! ,surface ,transportation ,bo>d %\ld review ! me?odology employ$ to def9e ! bus9ess cycle 9 its annual det]m9ation ( rev5ue adequacy & consid] und]tak+1 if necess>y1 a rulemak+ to def9e ! bus9ess cycle2 7#c7 z "p ( ,docket ,no4 ,,ep #gaa1 ! ,surface ,transportation ,bo>d %\ld consid] if a rulemak+ proce$+ on m&atory competitive swit*+ is ne$$ to ensure a viable competitive national rail sy/em2 & 7#d7 if ! ,surface ,transportation ,bo>d det]m9es a rulemak+ proce$+ on m&atory competitive swit*+ is ne$$1 ! ,surface ,transportation ,bo>d %\ld ensure t su* rulemak+ is complet$ 9 z timely a mann] z possible4 #ae4 ,au?orization ( appropriations ,section #gje is am5d$ by /rik+ p>agraphs 7#a7 ?r\gh 7#c7 & ins]t+ ! foll[+3 7#a7 #cc1jjj1jjj = fiscal ye> #bjae2 7#b7 #ce1jjj1jjj = fiscal ye> #bjaf2 7#c7 #ce1ejj1jjj = fiscal ye> #bjag2 7#d7 #ce1ejj1jjj = fiscal ye> #bjah2 & 7#e7 #cf1jjj1jjj = fiscal ye> #bjai4 4 #af4 ,repeal ( expir$ & obsolete provisions 7a7 ,expir$ rail s]vice contract limitation ,section #ajgji is am5d$ by /rik+ subsection 7h74 7b7 ,ag5t 9 ! ,di/rict ( ,columbia 7#a7 ,designation ( ag5t & s]vice ( notice ,section #gb is am5d$-- 7,a7 9 subsection 7a71 by /rik+ 9 ! ,di/rict ( ,columbia12 & 7,b7 9 subsection 7c71 by /rik+ 9 ! ,di/rict ( ,columbia4 7#b7 ,s]vice ( process 9 c\rt proce$+s ,section #gbd7;a7 is am5d$ by /rik+ 9 ! ,di/rict ( ,columbia ea* place x appe>s4 #ag4 ,con/ruction ,no?+ 9 ?is ,act %all be con/ru$ to affect any suit comm5c$ by or aga9/ ! ,surface ,transportation ,bo>d1 or any proce$+ or *all5ge p5d+ be=e ! ,surface ,transportation ,bo>d1 prior to ! date ( enactm5t ( ?is ,act4