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2026-07-06 10:51:44 -04:00

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LegalText 49 U.S.C. § 15503 Authority and criteria: rates, classifications, rules, and practices prescribed by Board us united_states_code code_section 49 TRANSPORTATION 155 RATES 15503 49 U.S.C. § 15503 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc49@119-100.zip /us/usc/t49/s15503 data/legal/raw/us/code/title-49/usc49.xml dd30ed38d236e18661bbb5582076b2d14fef7185e20ca529741849feafd13dc8 0786acdd244d8f42c5a8e8ed1ec2a8dcb47dd0e02a286752710a20745702a4fb bb4410d362ecc3afd0e84f307576a5bb52dedd661deb17b9e06ae58d69f9a756 2026-07-04 official
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49 U.S.C. § 15503 - Authority and criteria: rates, classifications, rules, and practices prescribed by Board

Text

(a) In General.— When the Board, after a full hearing, decides that a rate charged or collected by a pipeline carrier for transportation subject to this part, or that a classification, rule, or practice of that carrier, does or will violate this part, the Board may prescribe the rate, classification, rule, or practice to be followed. In prescribing the rate, classification, rule, or practice, the Board may utilize rate reasonableness procedures that provide an effective simulation of a market-based price for a stand alone pipeline. The Board may order the carrier to stop the violation. When a rate, classification, rule, or practice is prescribed under this subsection, the affected carrier may not publish, charge, or collect a different rate and shall adopt the classification and observe the rule or practice prescribed by the Board.

(b) Factors To Consider.— When prescribing a rate, classification, rule, or practice for transportation or service by a pipeline carrier, the Board shall consider, among other factors—

(1) the effect of the prescribed rate, classification, rule, or practice on the movement of traffic by that carrier;

(2) the need for revenues that are sufficient, under honest, economical, and efficient management, to let the carrier provide that transportation or service; and

(3) the availability of other economic transportation alternatives.

(c) Proceeding.— The Board may begin a proceeding under this section on complaint. A complaint under this section must contain a full statement of the facts and the reasons for the complaint and must be made under oath.

(Added Pub. L. 10488, title I, § 106(a), Dec. 29, 1995, 109 Stat. 924.)

Notes

Editorial Notes

Prior ProvisionsProvisions similar to those in this section were contained in section 10704 of this title prior to the general amendment of this subtitle by Pub. L. 10488, § 102(a).

Statutory Notes and Related Subsidiaries

Effective DateSection effective Jan. 1, 1996, except as otherwise provided in Pub. L. 10488, see section 2 of Pub. L. 10488, set out as a note under section 1301 of this title.