Bill

Bill > HR5697


US HR5697

US HR5697
Passenger Rail Liability Adjustment Act of 2025


summary

Introduced
10/06/2025
In Committee
12/01/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To adjust the effective date of any adjustment based on Consumer Price Index to rail passenger liability cap that occurs during calendar year 2026.

AI Summary

This bill adjusts the effective date for changes to the rail passenger liability cap during the 2026 calendar year. Specifically, the bill proposes that any adjustment to the liability cap (which sets the maximum amount of financial responsibility a rail passenger carrier must maintain) will take effect 90 days after the official notice is published, instead of immediately upon calculation. The bill is titled the "Passenger Rail Liability Adjustment Act of 2025" and modifies an existing provision in the FAST Act (Fixing America's Surface Transportation Act) related to how and when liability caps can be updated based on the Consumer Price Index. This type of technical adjustment helps ensure that rail carriers and the public have adequate time to prepare for and understand potential changes to liability limits, providing a brief transition period between the announcement and implementation of any financial responsibility adjustments.

Committee Categories

Transportation and Infrastructure

Sponsors (6)

Last Action

Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. (on 12/01/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...