Action
Final rule; redesignation.
Summary
This document establishes a new chapter in the Code of Federal Regulations (CFR) for the BTS and transfers and redesignates regulations concerning reports of motor carriers, currently found in the STB's CFR chapter, to the BTS's new CFR chapter. The ICC Termination Act of 1995 (ICCTA), which was enacted on December 29, 1995, and took effect on January 1, 1996, abolished the Interstate Commerce Commission (ICC) and transferred certain of the ICC's functions and proceedings to either the STB or the Secretary of Transportation. As pertinent here, responsibility for the collection and dissemination of motor carrier financial information was transferred to the Secretary of Transportation, who has delegated that responsibility to the BTS. This action reflects that change.