Rail Line Preservation and Employee Protection Act

Summary

Rail Line Preservation and Employee Protection Act - Amends Federal law regarding railroad industry acquisitions by noncarriers to direct the Interstate Commerce Commission to require as a condition of its approval or exemption procedure the payment of separation allowance to eligible employees. Prescribes employee eligibility criteria. Sets forth a separation allowance schedule. Establishes a maximum separation allowance of $30,000 adjusted annually for inflation. Cites circumstances under which the Commission is authorized to require a transferor carrier to pay separation allowances to employees dismissed as a consequence of a rail line transfer if such employees were performing services upon such lines. Outlines conditions under which the acquiring noncarrier must grant the right of first hire in seniority order to employees who had been performing services for the transferor rail carrier in connection with the transferred rail lines. States that the Commission's authority under this Act is plenary and exclusive.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 24 March 1988

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.