Railroad Temporary Operating Authority Act

Summary

Railroad Temporary Operating Authority Act - Authorizes the Interstate Commerce Commission under the Interstate Commerce Act to grant temporary approval, not to exceed 180 days, in applications for approval of a consolidation or merger of the properties of two or more carriers by railroad; or of a purchase, lease, acquisition of control, or contract to operate the properties of one or more carriers by railroad; or of acquisition by a carrier by railroad of trackage rights over, or joint ownership in or joint use of any railroad line or lines owned or operated by any other such carrier, and terminals incident thereto. Requires that in order for such authority to be granted it must appear that failure to grant such temporary approval may result in destruction or injury to such railroad properties or property rights sought to be acquired.

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Timeline

1. 17 March 1975

   Introduced

   Referred to House Committee on Interstate and Foreign Commerce.

   Source: IntroReferral

2. 17 March 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 March 1975

   Introduced

   Introduced in House

   Source: IntroReferral

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 · 17 March 1975

  Open at official source

Sponsors

• Rep. Derwinski, Edward J. [R-IL-4] · R · Sponsor
• · hsif00 · Standing

Related records

• related to → Railroad Temporary Operating Authority Act