HR 2870
99th Congress
House
Transportation and Public Works
Airlines
Aviation
Corporate mergers
Corporate reorganizations
Corporations and Stocks
A bill to amend the Federal Aviation Act of 1958 to prohibit the acquisition of an air carrier by another air carrier, or by the person controlling another air carrier, which is operating under the protection of the bankruptcy laws.
Introduced: June 26, 1985
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 11, 1985
Referred to Subcommittee on Aviation.
Jul 11, 1985
Executive Comment Requested from State, DOT, OMB.
Jun 26, 1985
Referred to House Committee on Public Works and Transportation.
Jun 26, 1985
Introduced in House
Plain-English summary
Amends the Federal Aviation Act of 1958 to prohibit the purchase, lease, or acquisition of control in any manner of a substantial portion of an air carrier by the following persons: (1) any air carrier which is a debtor; (2) any person who is a debtor and controls an air carrier; (3) any person controlling an air carrier which is a debtor; or (4) any person who is a debtor and is substantially engaged in the business of aeronautics.
What's happening now
Referred to Subcommittee on Aviation.
Committees of jurisdiction
2