Title 49 — TransportationRelease 119-73
§11143 Depreciation charges
Title 49 › Subtitle SUBTITLE IV— - INTERSTATE TRANSPORTATION › Part PART A— - RAIL › Chapter CHAPTER 111— - OPERATIONS › Subchapter SUBCHAPTER III— - REPORTS AND RECORDS › § 11143
Summary
The Board must name which kinds of rail property can have depreciation counted as operating expenses and set the allowed depreciation rate. The Board may group carriers. A carrier covered by the Board’s rules must not charge depreciation for other property types, use other rates, or add extra depreciation charges.
Full Legal Text
Title 49, §11143
Transportation — Source: USLM XML via OLRC
The Board shall, for a class of rail carriers providing transportation subject to its jurisdiction under this part, prescribe, and change when necessary, those classes of property for which depreciation charges may be included under operating expenses and a rate of depreciation that may be charged to a class of property. The Board may classify those rail carriers for purposes of this section. A rail carrier for whom depreciation charges and rates of depreciation are in effect under this section for any class of property may not—
(1)charge to operating expenses a depreciation charge on a class of property other than that prescribed by the Board;
(2)charge another rate of depreciation; or
(3)include other depreciation charges in operating expenses.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 11143, Pub. L. 95–473, Oct. 17, 1978, 92 Stat. 1426, related to depreciation charges, prior to the general amendment of this subtitle by Pub. L. 104–88, § 102(a).
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Jan. 1, 1996, except as otherwise provided in Pub. L. 104–88, see section 2 of Pub. L. 104–88, set out as a note under section 1301 of this title.
Reference
Citations & Metadata
Citation
49 U.S.C. § 11143
Title 49 — Transportation
Last Updated
Apr 6, 2026
Release point: 119-73