Sec. 7. Increasing maximum civil penalties for violations of rail safety regulations
268 words·~1 min read·
/bill/118/hr/1674/ih/section-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 5123(a) of title 49, United States Code, is amended— in paragraph (1), in the matter preceding subparagraph (A), by striking $75,000 and inserting the greater of 0.5 percent of the person’s annual income or annual operating income, as applicable, or $750,000 ; and in paragraph (2), by striking $175,000 and inserting the greater of 1 percent of the person’s annual income or annual operating income, as applicable, or $1,750,000 . Section 21301(a)(2) of title 49, United States Code, is amended— by striking $25,000 and inserting the greater of 0.5 percent of the person’s annual income or annual operating income, as applicable, or $250,000 ; and by striking $100,000 and inserting the greater of 1 percent of the person’s annual income or annual operating income, as applicable, or $1,000,000 .
Section 21302(a) of title 49, United States Code, is amended— in paragraph (1), by striking 203–209 each place it appears and inserting 203 through 209 ; and in paragraph (2)— by striking $25,000 and inserting the greater of 0.5 percent of the person’s annual income or annual operating income, as applicable, or $250,000 ; and by striking $100,000 and inserting the greater of 1 percent of the person’s annual income or annual operating income, as applicable, or $1,000,000 . Section 21303(a)(2) of title 49, United States Code, is amended— by striking $25,000 and inserting the greater of 0.5 percent of the person’s annual income or annual operating income, as applicable, or $250,000 ; and by striking $100,000 and inserting the greater of 1 percent of the person’s annual income or annual operating income, as applicable, or $1,000,000 .