
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 49USC22107]

 
                        TITLE 49--TRANSPORTATION
 
                        SUBTITLE V--RAIL PROGRAMS
 
                           PART B--ASSISTANCE
 
               CHAPTER 221--LOCAL RAIL FREIGHT ASSISTANCE
 
Sec. 22107. Records, audits, and information

    (a) Records.--Each recipient of financial assistance through an 
arrangement under this chapter shall keep records required by the 
Secretary of Transportation. The records shall be kept for 3 years after 
a project is completed and shall disclose--
        (1) the amount of, and disposition by the recipient, of the 
    assistance;
        (2) the total costs of the project for which the assistance was 
    given or used;
        (3) the amount of that part of the costs of the project paid by 
    other sources; and
        (4) any other records that will make an effective audit easier.

    (b) Audits.--The Secretary shall make regular financial and 
performance audits, as provided under chapter 75 of title 31, of 
activities and transactions assisted under this chapter.
    (c) Information.--The Surface Transportation Board shall provide the 
Secretary with information the Secretary requests to assist in carrying 
out this chapter. The Board shall provide the information not later than 
30 days after receiving a request from the Secretary.
    (d) List of Rail Lines.--Not later than August 1 of each year, each 
rail carrier subject to part A of subtitle IV of this title shall submit 
to the Secretary a list of the rail lines of the carrier that carried 
not more than 5,000,000 gross ton-miles of freight a mile in the prior 
year.

(Pub. L. 103-272, Sec. 1(e), July 5, 1994, 108 Stat. 898; Pub. L. 104-
88, title III, Sec. 308(f)(4), (5), Dec. 29, 1995, 109 Stat. 947; Pub. 
L. 104-316, title I, Sec. 127(c), Oct. 19, 1996, 110 Stat. 3840.)

                                          Historical and Revision Notes
-------------------------------------------------------------------------------
---------------------------------
           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
-------------------------------------------------------------------------------
---------------------------------
22107(a)..............................  49 App.:1654(k)(1).              Oct. 1
5, 1966, Pub. L. 89-670, 80 Stat.
                                                                          931, 
Sec.  5(k)-(m); added Feb. 5,
                                                                          1976,
 Pub. L. 94-210, Sec.  803, 90
                                                                          Stat.
 130; Nov. 8, 1978, Pub. L. 95-
                                                                          607, 
Secs.  102-106(a), 107- 109(a),
                                                                          92 St
at. 3059, 3062; Oct. 12, 1979,
                                                                          Pub. 
L. 96-86, Sec.  115(b), 93 Stat.
                                                                          662; 
Aug. 13, 1981, Pub. L. 97-35,
                                                                          Secs.
  1191, 1192, 95 Stat. 699; Jan.
                                                                          14, 1
983, Pub. L. 97-468, Sec.  501,
                                                                          96 St
at. 2551; Apr. 7, 1986, Pub. L.
                                                                          99-27
2, Sec.  4018, 100 Stat. 111;
                                                                          resta
ted Dec. 11, 1989, Pub. L. 101-
                                                                          213, 
Sec.  2(a), (c), 103 Stat. 1843,
                                                                          1847.
22107(b)..............................  49 App.:1654(k)(2), (3).
22107(c)..............................  49 App.:1654(l).
22107(d)..............................  49 App.:1654(m).
-------------------------------------------------------------------------------
---------------------------------

    In subsection (a), before clause (1), the words ``an arrangement'' 
are substituted for ``whether in the form of grants, subgrants, 
contracts, subcontracts, or other arrangements'', and the word 
``project'' is substituted for ``project or undertaking'', to eliminate 
unnecessary words and for consistency in this chapter.
    Subsection (b) is substituted for 49 App.:1654(k)(2) and (3) because 
of 31:ch. 75.
    In subsection (d), the words ``Not later than'' are substituted for 
``On or before'' for clarity. The word ``submit'' is substituted for 
``prepare, update, and submit'' to eliminate unnecessary words. The 
words ``based on level of usage'' are omitted as surplus.


                               Amendments

    1996--Subsec. (b). Pub. L. 104-316 struck out ``and the Comptroller 
General'' after ``Secretary''.
    1995--Subsec. (c). Pub. L. 104-88, Sec. 308(f)(4), substituted 
``Surface Transportation Board'' for ``Interstate Commerce Commission'' 
and ``The Board'' for ``The Commission''.
    Subsec. (d). Pub. L. 104-88, Sec. 308(f)(5), substituted ``part A of 
subtitle IV'' for ``subchapter I of chapter 105''.


                    Effective Date of 1995 Amendment

    Amendment by Pub. L. 104-88 effective Jan. 1, 1996, see section 2 of 
Pub. L. 104-88, set out as an Effective Date note under section 701 of 
this title.
