A bill to amend the Federal Aviation Act of 1958 to limit under certain circumstances the discretion of the Civil Aeronautics Board in determining the rate of compensation to be paid to an air carrier for the transportation of mail by aircraft.

referredUnited States· United States Congress· EN

Introduced

10 February 1977

Last action

—

Status

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

Summary

Amends the Federal Aviation Act of 1958 to direct the Civil Aeronautics Board, in determining the compensation for any local service air carrier for mail for 1966, to apply a specified rate schedule and to disregard any decrease in the Federal income tax liability resulting from any net operating loss carryback. Requires the Board to recompute such compensation if such a decrease was previously taken into account.

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Documents

1 official file

Introduced in Senate
summary · EN · 10 February 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/senate-bill/671
Open data entity: https://api.congress.gov/v3/bill/95/s/671