94 STAT. 1938
Reports.
Submittal to Congress. 49 USC 11167. Ante, p. 1895.
49 USC 10709. 49 USC 11168.
PUBLIC LAW 96-448—OCT. 14, 1980
established by the Railroad Accounting Principles Board under section 11162 of this title. "(b) Any reports required by the rules established by the Commission under this section shall include only information considered necessary for disclosure under the cost accounting principles established by the Board or under generally accepted accounting principles or the requirements of the Securities and Exchange Commission. "§11167. Report "The Railroad Accounting Principles Board shall, within 2 years after the effective date of the Staggers Rail Act of 1980, submit to the Congress a report setting forth any recommendations of the Board for appropriate legislative or administrative action in order to integrate the cost accounting principles and the cost accounting system certification process under this subchapter into existing rail carrier rate regulation under this title, including determinations under section 10709 of this title. "§11168. Authorization of appropriations "There are authorized to be appropriated to carry out the provisions of this subchapter not to exceed $1,000,000 for the fiscal year ending September 30, 1981, not to exceed $1,000,000 for the fiscal year ending September 30, 1982, and not to exceed $1,000,000 for the fiscal year ending September 30, 1983.". Qy) The analysis of chapter 111 of title 49, United States Code, is amended by adding at the end thereof the following: "SUBCHAPTER IV—RAILROAD COST ACCOUNTING "11161. "11162. "11163. "11164. "11165. "11166. "11167. "11168.
Railroad Accounting Principles Board. Cost accounting principles. Implementation of cost accounting principles. Certification of rail carrier cost accounting systems. Cost avaUabliity. Accounting and cost reporting. Report. Authorization of appropriations.".
CIVIL PENALTIES FOR VIOLATIONS OF ACCOUNTING PRINCIPLES PROVISIONS
SEC. 303. (a)(1) Chapter 119 of title 49, United States Code, is amended by inserting immediately after section 11913 the following new section: 49 USC 11913a. "§ 11913a. Accounting principles violations "Any rail carrier providing transportation subject to the jurisdiction of the Interstate Commerce Commission under subchapter I of 49 USC 10501. chapter 105 of this title that fails to obtain final certification of its cost accounting system under section 11164(b) of this title shall be Ante, p. 1936. fined not less than $50,000.". (2) The section analysis of chapter 119 of title 49, United States Code, is amended by inserting immediately after the item relating to section 11913 the following new item: "11913a. Accounting principles violations.". Confidential data, disclosure. Ante, p. 1937.
(b) Section 11910 of title 49, United States Code, is amended by adding at the end thereof the following new subsection: "(d) A person that knowingly discloses confidential data made available to such person under section 11165 of this title by a rail carrier providing transportation subject to the jurisdiction of the
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