United States · Bill · HR
H.R. 4511 (99th)
Conrail Privatization Act of 1986
Introduced
25 March 1986
Last action
—
Status
Referred to Subcommittee on Commerce, Transportation and Tourism.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Conrail Privatization Act of 1986 - Establishes a Conrail Sale Board (chaired by the Secretary of Transportation) to prepare and issue a Request for Bids for the sale of Conrail (Consolidated Rail Corporation) common stock. Prescribes guidelines for the Request for Bids procedure and the financial restructuring of Conrail. Confers original and exclusive jurisdiction upon a special three-judge Federal district court over any suits regarding actions taken either by such Board or under this Act. Repeals certain Federal law regarding the sale of the Federal interest in Conrail common stock. Makes inapplicable to the sale of Conrail common stock provisions of the National Environmental Policy Act of 1969 requiring all Federal agencies to include an environmental impact statement in any proposed major Federal action.
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Documents
1 official file
Introduced in House
summary · EN · 25 March 1986
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/4511
- Open data entity: https://api.congress.gov/v3/bill/99/hr/4511