; and (2) in paragraph (2)— (A) by striking $25,000 and inserting the greater of 0.5 percent of the person's annual income or annual operating income or $250,000 ; and (B) by striking $100,000 and inserting the greater of 1 percent of the person's annual income or annual operating income or $1,000,000 . (d) Violations of chapter 211 Section 21303(a)(2) is amended— (1) by striking $25,000. and inserting the greater of 0.5 percent of the person's annual income or annual operating income or $250,000 ; and (2) by striking $100,000. and inserting the greater of 1 percent of the person's annual income or annual operating income or $1,000,000 . 8. Safer tank cars (a) Phase-Out schedule Beginning on May 1, 2025, a rail carrier may not use DOT–111 specification railroad tank cars that do not comply with DOT–117, DOT–117P, or DOT–117R specification requirements, as in effect on the date of enactment of this Act, to transport Class 3 flammable liquids regardless of the composition of the train consist. (b) Conforming regulatory amendments (1) In general The Secretary— (A) shall immediately remove or revise the date-specific deadlines in any applicable regulations or orders to the extent necessary to conform with the requirement under subsection (a)