Regional Rail Reorganization Act of 1973

E536059

United States federal statute rail transport law

The Regional Rail Reorganization Act of 1973 was a U.S. federal law that restructured bankrupt northeastern railroads and laid the groundwork for creating Conrail to maintain essential rail service.

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Observed surface forms (1)

Surface form	Occurrences
United States rail deregulation and restructuring era	1

Statements (50)

Predicate	Object
instanceOf	United States federal statute ⓘ rail transport law ⓘ
administeredBy	United States Railway Association NERFINISHED ⓘ
affectedCompany	Central Railroad of New Jersey NERFINISHED ⓘ Erie Lackawanna Railway NERFINISHED ⓘ Lehigh Valley Railroad NERFINISHED ⓘ Lehigh and Hudson River Railway NERFINISHED ⓘ Penn Central Transportation Company NERFINISHED ⓘ Pennsylvania-Reading Seashore Lines NERFINISHED ⓘ Reading Company NERFINISHED ⓘ
appliesToRegion	Midwestern United States NERFINISHED ⓘ Northeastern United States NERFINISHED ⓘ
authorizedCreationOf	Consolidated Rail Corporation NERFINISHED ⓘ
branchOfGovernment	legislative branch of the United States ⓘ
codifiedIn	Title 45 of the United States Code NERFINISHED ⓘ
containsProvision	criteria for inclusion or exclusion of rail lines in the Final System Plan ⓘ procedures for valuation and compensation for transferred rail properties ⓘ
country	United States of America ⓘ surface form: United States
created	United States Railway Association NERFINISHED ⓘ
enactedBy	93rd United States Congress NERFINISHED ⓘ
establishedBody	Rail Services Planning Office NERFINISHED ⓘ
establishedProcess	Final System Plan for rail service ⓘ
historicalContext	railroad financial crisis of the late 1960s and early 1970s ⓘ
impact	creation of a unified freight railroad system under Conrail ⓘ stabilization of rail service in the Northeast and Midwest ⓘ
jurisdiction	interstate rail carriers in specified regions ⓘ
laidGroundworkFor	Consolidated Rail Corporation NERFINISHED ⓘ
legalArea	administrative law ⓘ bankruptcy law ⓘ transportation law ⓘ
policyGoal	preservation of viable rail service in the public interest ⓘ protection of shippers and communities dependent on rail service ⓘ
providedFor	federal financial assistance to reorganized railroads ⓘ transfer of designated rail properties to Conrail ⓘ
publicLawNumber	Public Law 93-236 NERFINISHED ⓘ
purpose	to facilitate continuation of rail freight and passenger service after railroad bankruptcies ⓘ to maintain essential rail services in the northeastern United States ⓘ to provide for the reorganization of railroads in the northeast and midwest regions of the United States ⓘ
relatedTo	Conrail NERFINISHED ⓘ Penn Central bankruptcy ⓘ Railroad Revitalization and Regulatory Reform Act of 1976 NERFINISHED ⓘ
shortName	3R Act NERFINISHED ⓘ
signedBy	Richard Nixon NERFINISHED ⓘ
signingDate	January 2, 1974 ⓘ
statutesAtLargeCitation	87 Stat. 985 ⓘ
subjectMatter	bankruptcy of railroads ⓘ interstate commerce ⓘ railroad reorganization ⓘ
title	Regional Rail Reorganization Act of 1973 NERFINISHED ⓘ
yearOfAct	1973 ⓘ

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Consolidated Rail Corporation → createdUnderAct → Regional Rail Reorganization Act of 1973 ⓘ

United States Railway Association → legalBasis → Regional Rail Reorganization Act of 1973 ⓘ

United States Railway Association → partOf → Regional Rail Reorganization Act of 1973 ⓘ

this entity surface form: United States rail deregulation and restructuring era

Railroad Revitalization and Regulatory Reform Act → relatedTo → Regional Rail Reorganization Act of 1973 ⓘ