§1205 Hazardous materials security inspections and study

Summary

Require the Secretary of Transportation to work with the Secretary to cut down, as much as practical, on repeated reviews of the security plans that federal rules require for transporting hazardous materials (49 CFR part 172). Within 1 year after August 3, 2007, the Secretary of Transportation, with the Secretary, must study whether extra insurance, security, and safety costs that railroad, motor, pipeline, air, and maritime carriers pay to move hazardous materials show up in the rates charged by shippers compared with costs and rates for moving nonhazardous goods.