Construction Industry Stabilization Act

[AI summary unavailable — showing source text] Construction Industry Stabilization Act - Declares the finding of the Congress that the legal framework for collective bargaining in the construction industry is in need of revision. Makes it the purpose of this Act to establish a viable and practical structure for collective bargaining in the construction industry by establishing procedures for negotiations with a minimum of governmental interference in the free collective bargaining process. Establishes in the Department of Labor a Construction Industry Collective Bargaining Committee. Sets forth the membership of the Committee. Provides, under the National Labor Relations Act, that where there is in effect a collective bargaining agreement covering employees in the construction industry between a local construction labor organization or other subordinate body affiliated with a standard national construction labor organization, or between a standard national construction labor organization directly, and an employer or association of employers, neither party shall terminate or modify such agreement or the terms or conditions thereof without serving a written notice of the proposed termination or modification in the form and manner…