4R Act

E823910

The 4R Act is a landmark 1976 U.S. federal law that restructured and deregulated the railroad industry to restore its financial stability and improve rail service.

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Statements (45)

Predicate Object
instanceOf United States federal law
railroad deregulation law
aimedAt railroad industry
alsoKnownAs 4-R Act NERFINISHED
4R Railroad Revitalization and Regulatory Reform Act NERFINISHED
amended Interstate Commerce Act NERFINISHED
containsTitle Title I – Railroad Revitalization
Title II – Railroad Rehabilitation and Improvement Financing NERFINISHED
Title III – Railroad Regulatory Reform NERFINISHED
Title IV – Miscellaneous Provisions
country United States of America
surface form: United States
created United States Railway Association authorities expansion
dateSigned February 5, 1976
enactedBy United States Congress
focusesOn railroad revitalization
regulatory reform of railroads
fullName Railroad Revitalization and Regulatory Reform Act of 1976 NERFINISHED
hasLegalCitation 90 Stat. 31
impact contributed to stabilization of U.S. freight railroads
laid groundwork for further deregulation under the Staggers Rail Act
introducedIn 94th United States Congress NERFINISHED
jurisdiction United States government
surface form: United States federal government
limited state regulation of railroads in certain areas
modeOfTransport rail
partOf U.S. railroad deregulation era
predecessorOf Staggers Rail Act of 1980 NERFINISHED
primaryGoal deregulate aspects of railroad rate and service regulation
improve rail service in the United States
restore financial stability of the U.S. railroad industry
restructure the railroad industry
provides federal financial assistance to railroads
mechanisms for restructuring bankrupt railroads in the Northeast and Midwest
publicLawNumber Public Law 94-210 NERFINISHED
relatedTo Conrail NERFINISHED
sector transportation
signedBy Gerald Ford NERFINISHED
signingPresident Gerald Ford NERFINISHED
strengthened role of the Interstate Commerce Commission in rail restructuring
subjectMatter federal assistance to rail carriers
railroad finance
railroad rates
railroad service obligations
typeOfReform economic deregulation
regulatory reform
yearEnacted 1976

Referenced by (1)

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