Hazardous Materials Transportation Safety Amendments of 1986

Hazardous Materials Transportation Safety Amendments of 1986 - Transfers to the National Highway Traffic Safety Administration (NHTSA): (1) the motor carrier safety functions of the Federal Highway Administration; and (2) the hazardous materials transportation functions of the Research and Special Programs Administration.

Establishes in the NHTSA the Bureau of Motor Carrier Safety (the Bureau), headed by an Associate Deputy Administrator for Motor Carrier Safety who shall be appointed by the Secretary of Transportation (the Secretary). Outlines the motor carrier safety functions of the Associate Deputy Administrator. Establishes in the NHTSA the Office of Hazardous Materials Transportation, headed by an Associate Administrator for Hazardous Materials Transportation. Outlines the functions of such Associate Administrator.

Requires the Associate Deputy Administrator for Motor Carrier Safety to: (1) notify each motor carrier of the safety rating for such carrier; and (2) publish such ratings annually.

Authorizes appropriations for FY 1987 through 1988: (1) for motor carrier safety functions; (2) to increase to 150 the number of motor carrier safety inspectors; and (3) for the hazardous materials transportation program.

Amends the Surface Transportation Assistance Act of 1982 to increase the authorizations used to reimburse the States' pro rata share of costs incurred to implement Federal motor vehicle safety rules.

Amends the Surface Transportation Act of 1982 to direct the Secretary to make grants to States and political subdivisions for the designation of: (1) hazardous materials transportation routes; and (2) hazardous materials parking sites. Authorizes appropriations.

Amends the Hazardous Materials Transportation Act to require registered carriers of hazardous materials to maintain records of the routes followed in the transportation of such materials. Requires persons engaged in the commercial transportation of certain hazardous materials to prepare an annual registration statement. Authorizes appropriations to make emergency response personnel (police and fire fighters) training grants available to States and local subdivisions for FY 1987 through 1991.

Requires the Secretary to: (1) establish guidelines for emergency response training programs; (2) publish emergency response procedures; and (3) establish minimum qualifications for the licensing by the States of drivers of motor vehicles transporting hazardous materials. Prescribes guidelines for: (1) such licensing qualifications; and (2) training and retraining programs for personnel engaged in hazardous materials transportation.

Requires the Secretary to: (1) conduct a hazardous materials flow study and to report the results of such study to the Congress; and (2) conduct a risks analysis regarding the transportation of high level nuclear waste and spent nuclear fuel to geologic repository sites and monitored retrievable storage sites, and report the results to the Congress and the Secretary of Energy.

Nullifies certain truck brake regulations permitting front brake disconnections. Prohibits the Secretary from issuing new regulations to the same effect. Requires the Secretary to conduct public information programs regarding truck brakes safety.