FEDERAL RAILROAD ADMINISTRATION : LEGISLATION, REGULATION & LITIGATION

-CITE-
49 USC Sec. 22107 01/26/98

-EXPCITE-
TITLE 49 - TRANSPORTATION
SUBTITLE V - RAIL PROGRAMS
PART B - ASSISTANCE
CHAPTER 221 - LOCAL RAIL FREIGHT ASSISTANCE

-HEAD-
Sec. 22107. Records, audits, and information

-STATUTE-
(a) Records. - Each recipient of financial assistance through an
arrangement under this chapter shall keep records required by the
Secretary of Transportation. The records shall be kept for 3 years
after a project is completed and shall disclose -
(1) the amount of, and disposition by the recipient, of the
assistance;
(2) the total costs of the project for which the assistance was
given or used;
(3) the amount of that part of the costs of the project paid by
other sources; and
(4) any other records that will make an effective audit easier.
(b) Audits. - The Secretary shall make regular financial and
performance audits, as provided under chapter 75 of title 31, of
activities and transactions assisted under this chapter.
(c) Information. - The Surface Transportation Board shall provide
the Secretary with information the Secretary requests to assist in
carrying out this chapter. The Board shall provide the information
not later than 30 days after receiving a request from the
Secretary.
(d) List of Rail Lines. - Not later than August 1 of each year,
each rail carrier subject to part A of subtitle IV of this title
shall submit to the Secretary a list of the rail lines of the
carrier that carried not more than 5,000,000 gross ton-miles of
freight a mile in the prior year.

-SOURCE-
(Pub. L. 103-272, Sec. 1(e), July 5, 1994, 108 Stat. 898; Pub. L.
104-88, title III, Sec. 308(f)(4), (5), Dec. 29, 1995, 109 Stat.
947; Pub. L. 104-316, title I, Sec. 127(c), Oct. 19, 1996, 110
Stat. 3840.)

-MISC1-

Historical and Revision Notes
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Revised Section Source (U.S. Code) Source (Statutes at
Large)
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22107(a) 49 App.:1654(k)(1). Oct. 15, 1966, Pub.
L. 89-670, 80 Stat.
931, Sec. 5(k)-(m);
added Feb. 5, 1976,
Pub. L. 94-210,
Sec. 803, 90 Stat.
130; Nov. 8, 1978,
Pub. L. 95-607,
Sec. 102-106(a),
107- 109(a), 92
Stat. 3059, 3062;
Oct. 12, 1979, Pub.
L. 96-86, Sec.
115(b), 93 Stat.
662; Aug. 13, 1981,
Pub. L. 97-35, Sec.
1191, 1192, 95
Stat. 699; Jan. 14,
1983, Pub. L. 97-
468, Sec. 501, 96
Stat. 2551; Apr. 7,
1986, Pub. L. 99-
272, Sec. 4018, 100
Stat. 111; restated
Dec. 11, 1989, Pub.
L. 101-213, Sec.
2(a), (c), 103
Stat. 1843, 1847.
22107(b) 49 App.:1654(k)(2),
(3).
22107(c) 49 App.:1654(l).
22107(d) 49 App.:1654(m).
-------------------------------
In subsection (a), before clause (1), the words ''an
arrangement'' are substituted for ''whether in the form of grants,
subgrants, contracts, subcontracts, or other arrangements'', and
the word ''project'' is substituted for ''project or undertaking'',
to eliminate unnecessary words and for consistency in this chapter.
Subsection (b) is substituted for 49 App.:1654(k)(2) and (3)
because of 31:ch. 75.
In subsection (d), the words ''Not later than'' are substituted
for ''On or before'' for clarity. The word ''submit'' is
substituted for ''prepare, update, and submit'' to eliminate
unnecessary words. The words ''based on level of usage'' are
omitted as surplus.
AMENDMENTS
1996 - Subsec. (b). Pub. L. 104-316 struck out ''and the
Comptroller General'' after ''Secretary''.
1995 - Subsec. (c). Pub. L. 104-88, Sec. 308(f)(4), substituted
''Surface Transportation Board'' for ''Interstate Commerce
Commission'' and ''The Board'' for ''The Commission''.
Subsec. (d). Pub. L. 104-88, Sec. 308(f)(5), substituted ''part A
of subtitle IV'' for ''subchapter I of chapter 105''.
EFFECTIVE DATE OF 1995 AMENDMENT
Amendment by Pub. L. 104-88 effective Jan. 1, 1996, see section 2
of Pub. L. 104-88, set out as an Effective Date note under section
701 of this title.