A bill to amend the Regional Rail Reorganization Act of 1973 to implement the final system plan and to authorize States and profitable railroads to acquire certain rail properties from the Consolidated Rail Corporation.

Summary

Amends the Regional Rail Reorganization Act to allow States, groups of States, or profitable railroads to acquire rail properties from the Consolidated Rail Corporation which were designated in the final system plan for conveyance to a profitable railroad and which were subsequently conveyed to the Corporation during a one-year period from the conveyance date. Requires the Corporation to maintain such rail properties in an equivalent condition to the condition on the date of conveyance for a one-year period. States that employees who accept employment by a State or profitable railroad under this Act shall be eligible for employee protection equivalent to the protection which would be applicable if such person were an employee of the Corporation.

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Documents

1 official file

• Introduced in House

  summary · EN · 4 June 1976

  Open at official source

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