Surface Transportation Board
Overview: The Surface Transportation Board (STB) is charged with promoting
substantive and procedural regulatory reform in the economic regulation of surface
transportation, and with providing an efficient and effective forum for the
resolution of disputes and the facilitation of appropriate business transactions.
In the performance of its functions, the STB seeks to resolve matters brought
before it fairly and expeditiously through the use of its regulatory exemption
authority, the streamlining of the decisional process, and the consistent application
of legal and equitable principles. The STB continues to strive to develop, through
rulemakings and case disposition, new and better ways to analyze unique and
complex problems, to reach fully justified decisions more quickly, and to reduce
the costs associated with regulatory oversight.
Surface
Transportation Board Budget
(Dollars In Millions) |
| |
2002
Actual |
2003
1/ Request |
| 2004 1/
Request |
| Salaries
& Expenses |
18 |
19 |
20 |
| TOTAL
|
18 |
19 |
20 |
| 1/
Excludes estimated accrual payments for civil service retirement and health
benefits. |
FY 2004 Budget
The FY 2004 budget request for the STB totals $19.5 million, to be financed by appropriation and the
offsetting collection of user fees. The STB, established in 1996 pursuant to the ICC Termination Act of
1995, is responsible for the economic regulation of the rail industry and the transportation of commodities
by pipeline other than oil and gas. The STB is also responsible for certain non-licensing regulation
of motor and water carriers.