HR 4486 · 99th Congress · Transportation and Public Works

A bill to provide for the distribution to Amtrak of 50 percent of the funds received by the United States for any sale of Conrail.

Introduced 1986-03-21· Sponsored by Rep. Richardson, Bill [D-NM-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Commerce, Transportation and Tourism.(1986-03-25)

Plain Language Summary

[AI summary unavailable — showing source text] Requires the Secretary of Transportation to deposit 50 percent of Consolidated Rail Corporation (Conrail) common stock sale proceeds into a Treasury account earmarked for payment to the National Railroad Passenger Corporation (AMTRAK) according to a specified schedule.…

Summarized by Claude AI · Non-partisan · For informational purposes only