Regulations last checked for updates: Oct 17, 2024

Title 49 - Transportation last revised: Oct 15, 2024
Appendix Appendix A - Appendix A to Part 191—Procedure for Determining Reporting Threshold
I. Property Damage Threshold Formula

Each year after calendar year 2021, the Administrator will publish a notice on PHMSA's website announcing the updates to the property damage threshold criterion that will take effect on July 1 of that year and will remain in effect until the June 30 of the next year. The property damage threshold used in the definition of an Incident at § 191.3 shall be determined in accordance with the following formula:

Where: Tr is the revised damage threshold, Tp is the previous damage threshold, CPIr is the average Consumer Price Indices for all Urban Consumers (CPI-U) published by the Bureau of Labor Statistics each month during the most recent complete calendar year, and CPIp is the average CPI-U for the calendar year used to establish the previous property damage criteria. [86 FR 2237, Jan. 11, 2021]
authority: 30 U.S.C. 185(w)(3), 49 U.S.C. 5121,60101