Interstate Commerce Commission Sunset Act of 1995

[AI summary unavailable — showing source text] Interstate Commerce Commission Sunset Act of 1995 - Amends the Interstate Commerce Act to terminate, as of September 30, 1996, the Interstate Commerce Commission (ICC) as an independent executive agency of the U.S. Government. (Sec. 5) Transfers to the Secretary of Transportation (Secretary) the functions, powers, and duties of the ICC relating to the regulation of rail transportation and to certain other surface transportation regulation. Authorizes the Secretary to establish a fee system for use of the lien recordation system with respect to instruments evidencing the mortgage, lease, conditional sale, or bailment of railroad cars, locomotives, or other rolling stock or vessels, intended for a use related to interstate commerce. Prohibits any State or political subdivision or any interstate or other political agency of two or more States from enacting or enforcing any law, rule, or standard relating to interstate or intrastate market entry, exit, rates, or services of a rail carrier. Makes a motor carrier liable for treble damages sustained by a person as a result of any violation of regulations under the Act governing the lease of motor vehicles to transport property. Increases …