PUBLIC LAW 95-473—OCT. 17, 1978
92 STAT. 1399
(b) Except as provided in subsection (a) of this section, the Commission may prescribe— (1) the procedure to be followed when conducting an investigation under this subchapter; (2) the form in which to submit the results of the valuation; and (3) the classification of the elements that make up the established value. The report for each investigation conducted under this subchapter shall indicate the value of the property of each common carrier as a whole and separately identify the value of its property in each State and territory and possession of the United States in which the property is located. § 10782. Requirements for establishing value 49 USC 10782. (a) In carrying out an investigation of a common carrier required under section 10781 of this title, the Interstate Commerce Commission shall— (1) establish, for each piece of property except land owned or used by the carrier as a common carrier, the ori^nal cost to date, cost of reproduction new and cost of reproduction less depreciation, and analyze the methods used to establish those costs and the reasons for differences among them; (2) establish other values, and elements of value, of that property and analyze the methods used to establish them and the reasons for differences between them and the cost values established under clause (1) of this subsection; (3) establish separately from improvements, the original cost on the date of dedication to public use, of all lands, rights of way, and terminals owned or used by the carrier as a common carrier and establish their current value; (4) identify property not held by the carrier as a common carrier, its original cost, and current value and analyze the methods of valuation used; (5) establish the amount and value of assistance or grant of right of way made to the carrier, or to a previous corporation that operated its property, by the United States Government or by a State, county, or municipal government, or by an individual, association, or corporation and the amount and value of any concession and allowance made by the United States Government or another of those governments in consideration of that assistance; and (6) identify the grants of land to that carrier, or to a previous corporation that operated its property, by the United States Government, or by a State, county, or municipal government, the amount of money derived from the sale of part of those grants, the value of the unsold parts (established as of the date acquired and currently), and the amount and value of any concession and allowance made by the carrier to the United States Government, or v another of those governments, in consideration of that assistance or grant of land. (b) The Commission may prescribe elements to consider in establishing the cost to date of property owned or used by a carrier. However, in establishing that cost, the Commission shall investigate and include in those elements—
�
