Bill96th CongressFiled Nov 26, 1979Transportation and Public Works
S. 2044
Capital Incentive Rate Act of 1979
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Nov 26, 1979)
Capital Incentive Rate Act of 1979 - Amends the Interstate Commerce Commission Act to eliminate incentive ratemaking. Permits any rate classification, rule, or practice effective before June 30, 1980, to provide an incentive for capital investment in rail carriers to remain in effect for up to five years under specified conditions.
What just happenedNov 26, 1979
Referred to Senate Committee on Commerce, Science, and Transportation.
Who’s behind it
Sen. Tower, John G. [R-TX](R-TX)Sponsor
1committees2actions6subjects
- Nov 26, 1979IntroReferral
Referred to Senate Committee on Commerce, Science, and Transportation.
Commerce, Science, and Transportation Committee - Nov 26, 1979IntroReferral10000
Introduced in Senate