OMB Approves FRA PTC Amendment Rule

The Office of Management and Budget announced on their RegInfo.gov web site yesterday that they had approved ‘consistent with change’ (OMB speak for make some minor changes please) a Federal Railroad Administration proposed rule amending the Positive Train Control regulations. Since this rule was not published in the Unified Agenda we have no way of knowing what this proposed rule will contain until it is published in the next week or two in the Federal Register.

OMB was kind enough to tell us that it is ‘economically significant’ and that it will effect small businesses.