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Milwaukee Railroad and Rock Island Railroad Amendments Act

Introduced: November 20, 1981 See on congress.gov
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 Everywhere this bill has been 12 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 1982
See Title II of H.R. 6308.
Mar 8, 1982
Referred to Subcommittee on Commerce, Transportation and Tourism.
Mar 4, 1982
Referred to House Committee on Energy and Commerce.
Mar 2, 1982
Passed Senate with amendments by Voice Vote.
Mar 2, 1982
Passed/agreed to in Senate: Passed Senate with amendments by Voice Vote.
Mar 2, 1982
Considered by Senate.
Dec 14, 1981
Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 415.
Dec 14, 1981
Committee on Commerce. Reported to Senate by Senator Packwood favorably with an amendment in the nature of a substitute. With written report No. 97-299.
Dec 10, 1981
Committee on Commerce. Ordered to be reported with an amendment in the nature of a substitute favorably.
Dec 8, 1981
Committee on Commerce. Hearings held.
Nov 20, 1981
Read second time and referred to Senate Committee on Commerce.
Nov 20, 1981
Introduced in Senate
 Plain-English summary Congressional Research Service

Milwaukee Railroad and Rock Island Railroad Amendments Act - Amends the Milwaukee Railroad Restructuring Act to define a "financially responsible person" as one who is capable of paying the purchase price of a railroad line proposed to be acquired and is able to cover the cost of providing service over the line for at least two years.

Revises procedures by which the Interstate Commerce Commission (ICC) oversees the purchase of bankrupt rail lines by such financially responsible persons.

Amends the Rock Island Railroad Transition and Employee Assistance Act to declare that the ICC's authority to grant temporary operating approval for the use of Rock Island or Milwaukee Railroad facilities shall continue until a plan of reorganization or liquidation is approved by the ICC and the bankruptcy court.

What's happening now May 12, 1982

See Title II of H.R. 6308.

 Committees of jurisdiction 3
 Cosponsors 1
All 1 Republican 1