HR 3324 · 101th Congress · Finance and Financial Sector

Railroad Reorganization Public Interest Protection Act

Introduced 1989-09-21· Sponsored by Rep. Sangmeister, George E. [D-IL-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Economic and Commercial Law.(1989-09-25)

Plain Language Summary

[AI summary unavailable — showing source text] Railroad Reorganization Public Interest Protection Act - Amends the Federal bankruptcy code to mandate that in any railroad reorganization scheme (except with respect to rolling stock equipment) the public interest in continued rail service must be considered by the court and the trustee in addition to the interests of debtors, creditors, and equity security holders.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

8 Democrats6 Republicans
Rep. Durbin, Richard J. [D-IL-20]IL
Rep. Poshard, Glenn [D-IL-22]IL
Rep. Costello, Jerry F. [D-IL-21]IL
Rep. Russo, Martin A. [D-IL-3]IL
Rep. Hayes, Charles A. [D-IL-1]IL
Rep. Collins, Cardiss [D-IL-7]IL
Rep. Martin, Lynn M. [R-IL-16]IL
Rep. Madigan, Edward R. [R-IL-15]IL
Rep. Hyde, Henry J. [R-IL-6]IL
Rep. Hastert, J. Dennis [R-IL-14]IL
Rep. Yates, Sidney R. [D-IL-9]IL
Rep. Fawell, Harris W. [R-IL-13]IL
Rep. Evans, Lane [D-IL-17]IL
Rep. Porter, John Edward [R-IL-10]IL