Tennessee Senate Bill SB1473

Tennessee 2023-2024 Regular Session

• Introduced: 2/2/23

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 7; Title 54; Title 55; Title 65; Title 66 and Title 67, relative to railroads.

Impact

The amendment is set to impact various statutes within the Tennessee Code, specifically addressing the oversight of railroad activities. By mandating an annual review, the bill seeks to improve the state's ability to monitor and regulate railroad operations effectively. Proponents claim it will provide a more structured approach to evaluating the safety and efficiency of railroad services, potentially leading to better compliance with state regulations and improved public safety.

Summary

Senate Bill 1473, introduced by Senator McNally, aims to amend several sections of the Tennessee Code Annotated relating to railroads. One of its primary provisions is changing the frequency of reports that must be issued under Section 65-3-107(a). The existing requirement allows reports to be issued at special or regular times, which will now be substituted with a stricter annual reporting requirement. This change is expected to enhance accountability and oversight relating to railroad operations in Tennessee.

Contention

While the bill's intent appears to enhance regulatory measures, it may face challenges during discussions. Critics could argue that the shift from flexible reporting times to a rigid annual requirement may impose undue burdens on railroad companies, particularly smaller operators who may struggle with compliance. Additionally, stakeholders may raise concerns about the implications of these requirements on operational efficiency and the potential for increased costs associated with adhering to more frequent reporting obligations.