HR 1455 · 99th Congress · Transportation and Public Works
A bill to require the Secretary of Transportation to reopen bidding for Conrail in an effort to maximize the return to the United States upon its sale, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Commerce, Transportation and Tourism.(1985-03-19)
Plain Language Summary
[AI summary unavailable — showing source text]
Expresses the conclusion of the Congress that the sale of the Consolidated Rail Corporation (Conrail) by the Secretary of Transportation to the Norfolk Southern Corporation fails to meet the criteria of the Regional Rail Reorganization Act of 1973. States that bidding for the sale of Conrail should be reopened and a greater effort made to maximize the return to the United States for the substantial Federal investment made in Conrail. Amends the Regional Rail Reorganization Act of 1973 to delay until December 31, 1985, the earliest date for submission of a Conrail sale plan.…
Summarized by Claude AI · Non-partisan · For informational purposes only