Valuation Act

Valuation map of the Luverne Branch in Luverne, Alabama, a long-since abandoned rail line
Valuation map of Moncrief Yard in Jacksonville, FL

The Valuation Act is a 1913 United States federal law that required the Interstate Commerce Commission (ICC) to assess the value of railroad property.[1] This information would be used to set rates for the transport of freight.

  1. ^ United States. Valuation Act, 62nd Congress, ch. 92, 37 Stat. 701, enacted 1913-03-01.