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S. 2044

Capital Incentive Rate Act of 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.

Referred to Senate Committee on Commerce, Science, and Transportation.

Sen. Tower, John G. [R-TX](R-TX)Sponsor
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  1. IntroReferral

    Referred to Senate Committee on Commerce, Science, and Transportation.

    Commerce, Science, and Transportation Committee
  2. IntroReferral10000

    Introduced in Senate