Source
(Pub. L. 93–236, title VI, § 601(a)–(d), Jan. 2, 1974, 87 Stat. 1021; Pub. L. 94–210, title VI, § 618, title VII, § 706(b), formerly § 705(b), Feb. 5, 1976, 90 Stat. 117, 123, renumbered Pub. L. 96–254, title II, § 206(a), May 30, 1980, 94 Stat. 412.)
References in Text
Act of July 2, 1890 (ch. 647,
26 Stat. 209), as amended, referred to in subsec. (a)(3), is known as the Sherman Act, which is classified to sections
1 to
7 of Title
15, Commerce and Trade. For complete classification of this Act to the Code, see Short Title note set out under section
1 of Title
15 and Tables.
Act of October 15, 1914 (ch. 323,
38 Stat. 730), as amended, referred to in subsec. (a)(3), is known as the Clayton Act, which is classified to sections
12,
13,
14 to
19,
21, and
22 to
27 of Title
15, and sections
52 and
53 of Title
29, Labor. For further details and complete classification of this Act to the Code, see References in Text note set out under section
12 of Title
15 and Tables.
The Federal Trade Commission Act (
38 Stat. 717), as amended, referred to in subsec. (a)(3), is act Sept. 26, 1914, ch. 311,
38 Stat. 717, as amended, which is classified generally to subchapter I (§ 41 et seq.) of chapter
2 of Title
15. For complete classification of this Act to the Code, see section
58 of Title
15 and Tables.
Sections 73 and 74 of the Act of August 27, 1894, referred to in subsec. (a)(3), are sections 73 and 74 of act Aug. 27, 1894, ch. 349,
28 Stat. 570. Sections 73 to 77 of this Act are known as the Wilson Tariff Act. Sections
73 to
76 enacted sections
8 to
11 of Title
15. Section
77 was not classified to the Code. For complete classification of this Act to the Code, see Short Title note set out under section
8 of Title
15 and Tables.
Act of June 19, 1936 (ch. 592,
49 Stat. 1526), as amended, referred to in subsec. (a)(3), is popularly known as the Robinson-Patman Antidiscrimination Act and also as the Robinson-Patman Price Discrimination Act, which enacted sections
13a,
13b, and
21a of Title
15, Commerce and Trade, and amended section
13 of Title
15. For complete classification of this Act to the Code, see Tables.
The Bankruptcy Act, referred to in subsec. (b)(1), (4), is act July 1, 1898, ch. 541,
30 Stat. 544, as amended, which was classified generally to former Title 11, Bankruptcy. Section 77 of this Act was classified to section 205 of former Title 11. The Act was repealed effective Oct. 1, 1979, by
Pub. L. 95–598, §§ 401(a),
402
(a), Nov. 6, 1978,
92 Stat. 2682, section 101 of which enacted revised Title 11. For current provisions relating to railroad reorganization, see subchapter IV (§ 1161 et seq.) of chapter
11 of Title
11.
Section
11301 of title
49, referred to in subsec. (b)(2), was omitted and a new section
11301 enacted in the general amendment of subtitle
IV of Title
49, Transportation, by
Pub. L. 104–88, title I, § 102(a), Dec. 29, 1995,
109 Stat. 804, 837. The new section
11301 does not relate to issuance of securities. Previously, in subsec. (b)(2), “section
11301 of title
49” was substituted for “section 20a of the Interstate Commerce Act (
49 U.S.C. 20a)” on authority of
Pub. L. 95–473, § 3(b), Oct. 17, 1978,
92 Stat. 1466, the first section of which enacted subtitle IV (§ 10101 et seq.) of Title 49.
Codification
In subsec. (b)(1), (4), “subtitle
IV of title
49” substituted for “the Interstate Commerce Act (
49 U.S.C. 1 et seq.)” on authority of
Pub. L. 95–473, § 3(b), Oct. 17, 1978,
92 Stat. 1466, the first section of which enacted subtitle IV (§ 10101 et seq.) of Title 49, Transportation.
A subsec. (e) of section
601 of
Pub. L. 93–236, which was designated in the original as “Emergency Service”, amended section 1(16) of former Title 49, Transportation.
Amendments
1976—Subsec. (a)(2).
Pub. L. 94–210, § 618(a), inserted provision relating to any action to formulate or implement any supplemental transaction.
Subsec. (b).
Pub. L. 94–210, § 618(b), redesignated existing provisions as par. (1), substituted provisions relating to inapplicability to actions under this chapter to formulate and implement the final system plan and any supplemental transaction, for provisions relating to inapplicability to transactions under this chapter to the extent necessary to formulate and implement the final system plan whenever a provision of the Interstate Commerce or Bankruptcy Act is inconsistent with this chapter, and added pars. (2) to (4).
Subsec. (c).
Pub. L. 94–210, § 618(c), substituted provisions relating to inapplicability to action taken before, and including, the conveyance of rail properties under section
743
(b)(1) of this title, and action taken thereafter in compliance with the requirements of the final system plan, for provisions relating to inapplicability to action taken before the effective date of the final system plan.
Subsec. (d)(1).
Pub. L. 94–210, § 705(b), substituted mandatory for discretionary authority for purchase of properties by the Corporation and provisions relating to negotiations for properties for transfer pursuant to section
716
(c)(1)(C) of this title, for provisions relating to negotiations as provided in the final system plan.
Abolition of Special Court, Regional Rail Reorganization Act of 1973, and Transfer of Functions
Special court abolished and all jurisdiction and functions transferred to United States District Court for District of Columbia, see section
719
(b)(2) of this title.
Abolition of Interstate Commerce Commission and Transfer of Functions
Interstate Commerce Commission abolished and functions of Commission transferred, except as otherwise provided in
Pub. L. 104–88, to Surface Transportation Board effective Jan. 1, 1996, by section
702 of Title
49, Transportation, and section 101 of
Pub. L. 104–88, set out as a note under section
701 of Title
49. References to Interstate Commerce Commission deemed to refer to Surface Transportation Board, a member or employee of the Board, or Secretary of Transportation, as appropriate, see section 205 of
Pub. L. 104–88, set out as a note under section
701 of Title
49.
Abolition of United States Railway Association and Transfer of Functions and Securities
See section
1341 of this title.
Applicability of National Environmental Policy Act
Section 619 of title VI of
Pub. L. 94–210 provided that: “Nothing in this title [enacting sections
726 and
745 to
747 of this title and amending sections
702,
711 to
713,
716,
718 to
721,
724,
725,
741,
743,
744,
771,
772,
774,
775,
778,
779, and
791 of this title, and section 856 of former Title 31, Money and Finance] shall affect the application of the National Environmental Policy Act of 1969 (
42 U.S.C.
4321 et seq.) to actions of the Commission.”