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United States · Bill · S

S. 2044 (96th)

Capital Incentive Rate Act of 1979

referredUnited States· United States Congress· EN

Introduced

26 November 1979

Last action

Status

Referred to Senate Committee on Commerce, Science, and Transportation.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Capital Incentive Rate Act of 1979 - Amends the Interstate Commerce Commission Act to eliminate incentive ratemaking. Permits any rate classification, rule, or practice effective before June 30, 1980, to provide an incentive for capital investment in rail carriers to remain in effect for up to five years under specified conditions.

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Documents

1 official file

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Sources

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