A bill to require the Secretary of Transportation to reopen bidding for Conrail in an effort to maximize the return to the United States upon its sale, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

7 March 1985

Last action

—

Status

Referred to Subcommittee on Commerce, Transportation and Tourism.

Summary

Expresses the conclusion of the Congress that the sale of the Consolidated Rail Corporation (Conrail) by the Secretary of Transportation to the Norfolk Southern Corporation fails to meet the criteria of the Regional Rail Reorganization Act of 1973. States that bidding for the sale of Conrail should be reopened and a greater effort made to maximize the return to the United States for the substantial Federal investment made in Conrail. Amends the Regional Rail Reorganization Act of 1973 to delay until December 31, 1985, the earliest date for submission of a Conrail sale plan.

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Documents

1 official file

Introduced in House
summary · EN · 7 March 1985
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/1455
Open data entity: https://api.congress.gov/v3/bill/99/hr/1455