1. Short title This Act may be cited as the Transit Rail Inspection Practices Act of 2018 or the TRIP Act . 2. Public transportation safety inspections (a) In general Section 5329 of title 49, United States Code, is amended— (1) in subsection (b)— (A) in paragraph (2)— (i) in subparagraph (D), by striking and at the end; (ii) in subparagraph (E), by striking the period at the end and inserting ; and ; and (iii) by adding at the end the following: (F) consideration, where appropriate, of performance-based and risk-based methodologies. ; and (B) by adding at the end the following: (3) Plan updates The Secretary shall update the national public transportation safety plan under paragraph (1) as necessary. ; (2) in subsection (e), by adding at the end the following: (11) Effectiveness of enforcement authorities and practices The Secretary shall develop and disseminate to State safety oversight agencies the process and methodology that the Secretary will use to monitor the effectiveness of the enforcement authorities and practices of State safety oversight agencies.