President Trump Signs into law $37.1 Million and Report Language for the Surface Transportation Board in FY 2020 Appropriated Funding
On Dec 20, 2019 President Trump signed into law (P.L. 116-94) the second FY 2020 Continuing Appropriations,, H.R. 1865, providing the final appropriated funding for various domestic spending programs including programs falling to the departments of U.S. Transportation-Housing, and Housing, and Urban Development (THUD). In addition to the $37.1 million for the STB, report language encourages the Board to: 1) provide a timely and decisive regulatory process; 2) use existing authority to effectively address service issues and concerns impacting shippers and receivers; and, 3) if the Board decides to engage in a greater use of Cost Benefit Analysis, should set a threshold for determining which rulemakings should have a cost-benefit analysis and in future budget requests, the Board should request additional resources to undertake any such assessments. This is the level recommended in the Administration’s FY 2020 Budget, originally passed by both the House and Senate, and actively supported by FRCA – along with the report language. View the STB Final FY 2020 Appropriation Side-by-Side here.