Transport Regulatory Reform Act of 1986

[AI summary unavailable — showing source text] Transport Regulatory Reform Act of 1986 - Establishes within the legislative branch of the Government the Transportation Regulatory Commissions Nominating Commission. Requires the President to notify the Chair of such Commission immediately if any vacancy occurs on the Interstate Commerce Commission, the Federal Maritime Commission, or the National Transportation Safety Board. Directs the Commission to: (1) submit to the President a list of qualified individuals to fill such vacancy; (2) certify to the President pro tempore of the Senate the first name on the Commission's list of nominees if the President has failed to nominate an individual to fill such vacancy within 60 days after submission of the list; (3) submit to the President of the Senate a report containing the list of nominees within 30 days after its submission to the President; and (4) report biannually to each House of the Congress on the efficiency of the nomination process and any recommendations for change.…