Surface Transportation Board Reauthorization Act of 2014

Summary

Surface Transportation Board Reauthorization Act of 2014 - Removes the Surface Transportation Board from the Department of Transportation (DOT) to establish it as an independent U.S. agency. Increases Board membership from three to five members. Prescribes requirements for discussions at Board meetings not open to the public. Authorizes the Board to investigate rail carrier and pipeline carrier violations on its own initiative as well as on complaint (as under existing law). Requires proceedings to determine the reasonableness of a rate charged by a carrier to be initiated only upon complaint. Requires the Board to: (1) maintain a simplified and expedited method for determining the reasonableness of challenged rail rates in cases where a full stand-alone cost presentation is too costly, given the value of the case; and (2) maintain procedures to ensure expeditious handling of challenges to the reasonableness of rail rates. Prescribes time limits for Board review of rail rate reasonableness cases. Requires the Board to initiate an ex parte proceeding on whether contract proposals for multiple origin-to-destination movements (rate bundling) have adversely impacted Congress's intent that the Board's rate challenge procedures remain available to shippers subject to railroad market dominance as well as how it can prevent such practices in the future. Requires the Board to establish a binding arbitration process to resolve rail rate, practice, and common carrier service disputes. Requires the Board to: (1) establish a database of rail service complaints it has received, and (2) post a quarterly report of such complaints on its website. Expresses the sense of Congress that the Board, as part of Docket No. EP 722, should: (1) consider the costs and benefits of the annual determinations of revenue adequacy for Class I railroads, (2) review the methodology employed to define the business cycle in its determinations and consider, if necessary, a rulemaking to define the business cycle; (3) consider if a rulemaking proceeding on mandatory competitive switching is needed to ensure a viable competitive national rail system; and (4) ensure that if such rulemaking proceeding is needed that it is completed in a timely manner. Reauthorizes appropriations for FY2015-FY2019 for the Board.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 8 December 2014

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• Reported to Senate (PDF)

  Reported to Senate · EN · 8 December 2014

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• Reported to Senate with amendment(s)

  summary · EN · 8 December 2014

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• Introduced in Senate (text)

  Introduced in Senate · EN · 8 September 2014

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 8 September 2014

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• Introduced in Senate

  summary · EN · 8 September 2014

  Open at official source

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