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HR 3443 101th Congress House Transportation and Public Works Airlines Corporate mergers Tender offers

To amend the Federal Aviation Act of 1958 to provide for review of certain acquisitions of voting securities of air carriers, and for other purposes.

Introduced: October 11, 1989 See on congress.gov
 Everywhere this bill has been 31 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 6, 1989
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 355.
Nov 1, 1989
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 3443.
Nov 1, 1989
Motion to reconsider laid on the table Agreed to without objection.
Nov 1, 1989
On passage Passed by recorded vote: 301 - 113 (Roll no. 328).
Nov 1, 1989
Passed/agreed to in House: On passage Passed by recorded vote: 301 - 113 (Roll no. 328).
Nov 1, 1989
The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
Nov 1, 1989
The previous question was ordered pursuant to the rule.
Nov 1, 1989
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3443.
Nov 1, 1989
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
Nov 1, 1989
Considered as unfinished business.
Oct 31, 1989
Committee of the Whole House on the state of the Union rises leaving H.R. 3443 as unfinished business.
Oct 31, 1989
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate.
Oct 31, 1989
The Speaker designated the Honorable Marvin Leath to act as Chairman of the Committee.
Oct 31, 1989
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 275 and Rule XXIII.
Oct 31, 1989
Rule provides for consideration of H.R. 3443 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. It shall be in order to consider the amendment in the nature of a substitute recommended by the Committee on Public Works and Transportation now printed in the bill as an original bill for the purpose of amendment under the five-minute rule. Measure will be considered read. Bill is open to amendments. Upon agreeing to this resolution, H.Res. 272 is laid upon the table.
Oct 31, 1989
Considered under the provisions of rule H. Res. 275.
Oct 31, 1989
Rule H. Res. 275 passed House.
Oct 26, 1989
Rules Committee Resolution H. Res. 275 Reported to House. Rule provides for consideration of H.R. 3443 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. It shall be in order to consider the amendment in the nature of a substitute recommended by the Committee on Public Works and Transportation now printed in the bill as an original bill for the purpose of amendment under the five-minute rule. Measure will be considered read. Bill is open to amendments. Upon agreeing to this resolution, H.Res. 272 is laid upon the table.
Oct 24, 1989
Rules Committee Resolution H. Res. 272 Reported to House. Rule provides for consideration of H.R. 3443. Measure will be read by section. Bill is open to amendments.
Oct 24, 1989
Placed on the Union Calendar, Calendar No. 193.
Oct 24, 1989
Reported (Amended) by the Committee on Public Works + Transportation. H. Rept. 101-303.
Oct 18, 1989
Ordered to be Reported (Amended).
Oct 18, 1989
Committee Consideration and Mark-up Session Held.
Oct 18, 1989
Unfavorable Executive Comment Received from DOT.
Oct 16, 1989
Referred to the Subcommittee on Aviation.
Oct 16, 1989
Subcommittee Hearings Held.
Oct 16, 1989
Subcommittee Consideration and Mark-up Session Held.
Oct 16, 1989
Forwarded by Subcommittee to Full Committee (Amended).
Oct 16, 1989
Unfavorable Executive Comment Received from DOT.
Oct 11, 1989
Referred to the House Committee on Public Works + Transportation.
Oct 11, 1989
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Federal Aviation Act of 1958 to prohibit any person from acquiring 15 percent or more of the voting securities of a major air carrier or person who controls a major air carrier, unless such person complies with specified waiting period requirements under the Act and the Secretary of Transportation has not disapproved the acquisition. Makes the same requirement for any person with less than a 15 percent ownership if the acquisition would increase ownership to 15 percent or more.

Requires the Secretary to disapprove an acquisition if he or she finds that: (1) it is likely to weaken the acquired person financially; (2) the intent of the acquired person is to make a major reduction of the air carrier; (3) the acquisition would result in a non-U.S. citizen having control over the air carrier; (4) the acquisition would give a person who controls air carriers which have filed, collectively, more than one petition for bankruptcy control over the acquired air carrier; (5) the acquisition would result in a reduction in wages, benefits, or number of the air carriers employees; or (6) the acquiring person does not provide the documentary material and information required by the Secretary to make a decision regarding such acquisition.

What's happening now November 6, 1989

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 355.

 Committees of jurisdiction 2