S 3653 · 93th Congress · Transportation and Public Works
A bill to amend the Rail Passenger Service Act of 1970 and for other purposes.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Commerce.(1974-06-17)
Plain Language Summary
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Deems shares in excess of 33 1/3 percent owned by a single railroad in the National Railroad Passenger Corporation as not having been issued and outstanding for voting purposes. Authorizes necessary appropriations for fiscal year 1975 to carry out the Rail Passenger Service Act. Increases the limitation of aggregate unpaid securities, obligations or loans permitted under such Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only