---
kind: "section"
citation: "45 U.S.C. § 745"
title: "45"
title_heading: "Railroads"
number: "745"
heading: "Continuing reorganization; supplemental transactions"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/45/745"
units:
  - "Chapter 16 — Regional Rail Reorganization"
  - "Subchapter III — Consolidated Rail Corporation"
---

# §745. Continuing reorganization; supplemental transactions

- (a) **Proposals—** If the [Secretary](/usc/45/702.md?p=18) or the [Association](/usc/45/702.md?p=1) determines that, as part of continuing reorganization, further restructuring of [rail properties](/usc/45/702.md?p=14) in the [region](/usc/45/702.md?p=17) through transactions supplemental to the [final system plan](/usc/45/702.md?p=8) would promote the establishment and retention of a financially self-sustaining rail service system in the [region](/usc/45/702.md?p=17) adequate to meet the needs of the [region](/usc/45/702.md?p=17), the [Secretary](/usc/45/702.md?p=18) or the [Association](/usc/45/702.md?p=1), as the case may be, may develop proposals for such [supplemental transactions](/usc/45/702.md?p=21) as are necessary or appropriate to implement the needed restructuring. Transfers of [rail properties](/usc/45/702.md?p=14) included in proposals developed by the [Association](/usc/45/702.md?p=1) shall be limited to (1) [rail properties](/usc/45/702.md?p=14) which would have qualified for designation under [section 716(c)(1)(A) of this title](/usc/45/716.md?p=c-1-A) but which were not transferred or conveyed under the [final system plan](/usc/45/702.md?p=8), and which the [Association](/usc/45/702.md?p=1) finds to be essential to the efficient operations of the [Corporation](/usc/45/702.md?p=5), and (2) transfers, consistent with the [final system plan](/usc/45/702.md?p=8), of [rail properties](/usc/45/702.md?p=14) from the [Corporation](/usc/45/702.md?p=5) to a [subsidiary](/usc/45/702.md?p=20) thereof. Each proposal (other than a proposal developed by the [Association](/usc/45/702.md?p=1)) shall be submitted in writing to the [Association](/usc/45/702.md?p=1) and shall [state](/usc/45/702.md?p=19) and describe any transactions proposed, the [rail properties](/usc/45/702.md?p=14) involved, the parties to such transactions, the financial and other terms of such transactions, the purposes of the chapter or the goals of the [final system plan](/usc/45/702.md?p=8) intended to be effectuated by such transactions, and such other information incidental thereto as the [Association](/usc/45/702.md?p=1) may prescribe. Within 10 days after receipt of a proposal developed by the [Secretary](/usc/45/702.md?p=18), and upon the development of a proposal developed by the [Association](/usc/45/702.md?p=1), the [Association](/usc/45/702.md?p=1) shall publish a summary of such proposal in the Federal Register, and shall afford interested persons (including the [Corporation](/usc/45/702.md?p=5) when property is to be transferred to or from the [Corporation](/usc/45/702.md?p=5)) an opportunity to comment thereon.
- (b) **Evaluation by Association—** The [Association](/usc/45/702.md?p=1) shall analyze each proposal containing one or more [supplemental transactions](/usc/45/702.md?p=21), taking into account the comments of interested persons and statements and exhibits submitted at any public hearings which may have been held. The [Association](/usc/45/702.md?p=1) shall, within 120 days after the publication of a summary thereof under [subsection (a)](#a) of this section, publish in the Federal Register a report evaluating such proposal. Such evaluation shall [state](/usc/45/702.md?p=19) whether the [supplemental transactions](/usc/45/702.md?p=21) contained in such proposal, considered in their entirety, are (1) in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8), and (2) fair and equitable. If the [Corporation](/usc/45/702.md?p=5) opposes, or seeks modification of, any such proposed transfer, its written comments shall be given due consideration by the [Association](/usc/45/702.md?p=1) and shall be published as part of the evaluation. Within 30 days after the [Association](/usc/45/702.md?p=1) publishes its report, each proposed transferor or transferee shall notify the [Association](/usc/45/702.md?p=1) in writing as to whether any proposed [supplemental transaction](/usc/45/702.md?p=21) requiring the transfer of any property from or to such transferor or transferee is acceptable to such proposed transferor or transferee. If any such proposed transferor (other than the [Corporation](/usc/45/702.md?p=5)) or transferee fails to notify the [Association](/usc/45/702.md?p=1) that any proposed [supplemental transaction](/usc/45/702.md?p=21) requiring the transfer of any property from such transferor or to such transferee is acceptable to it, no further administrative or judicial proceedings shall be conducted with respect to such proposed [supplemental transaction](/usc/45/702.md?p=21).
- (c) **Review by Commission—** Within 90 days after the publication in the Federal Register of each report referred to in [subsection (b)](#b) of this section, the [Commission](/usc/45/702.md?p=2) shall determine whether the [supplemental transactions](/usc/45/702.md?p=21) referred to in the report, considered in their entirety, would be in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8). In making such determination, the [Commission](/usc/45/702.md?p=2) shall give due consideration to the views received by it, within 30 days after the publication of the applicable report, from the [Corporation](/usc/45/702.md?p=5) and the [Secretary](/usc/45/702.md?p=18). The [Commission](/usc/45/702.md?p=2) may condition its approval of such [supplemental transactions](/usc/45/702.md?p=21) on such reasonable terms and conditions as it may deem necessary in the public interest. The approval by the [Commission](/usc/45/702.md?p=2) of such [supplemental transactions](/usc/45/702.md?p=21) shall not be a prerequisite to the consummation of such transactions, but any determination of the [Commission](/usc/45/702.md?p=2) modifying, approving, or disapproving any proposed [supplemental transactions](/usc/45/702.md?p=21) shall be given due weight and consideration by the [special court](/usc/45/1104.md?p=8) in the proceedings prescribed in [subsection (d)](#d) of this section. If the [Commission](/usc/45/702.md?p=2) fails to act within the time period provided in this subsection, the [supplemental transactions](/usc/45/702.md?p=21) involved shall be deemed to have been approved by the [Commission](/usc/45/702.md?p=2). The [Commission](/usc/45/702.md?p=2) may prescribe such regulations as may be necessary for the administration of this section.
- (d) **Special court proceedings—**
  - (1) If the [Association](/usc/45/702.md?p=1) has made the determination pursuant to [subsection (b)](#b) of this section that a proposal for [supplemental transactions](/usc/45/702.md?p=21) is in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8), and is fair and equitable, the [Association](/usc/45/702.md?p=1) shall, within 40 days after the date of the [Commission](/usc/45/702.md?p=2)’s determination under [subsection (c)](#c) of this section, or after the expiration of the 90-day period referred to in such [subsection (c)](#c), whichever is applicable, petition the [special court](/usc/45/1104.md?p=8) for an order of such court finding that such proposal for [supplemental transactions](/usc/45/702.md?p=21) is in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8), and is fair and equitable, and directing the [Corporation](/usc/45/702.md?p=5) to carry out the [supplemental transactions](/usc/45/702.md?p=21) specified in such proposal. If the [Association](/usc/45/702.md?p=1) has determined, pursuant to [subsection (b)](#b) of this section that a proposal made by the [Secretary](/usc/45/702.md?p=18) is not in the public interest or is not consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8) or is not fair and equitable, the [Secretary](/usc/45/702.md?p=18) may, if he determines that such proposal is in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8) and is fair and equitable, petition the [special court](/usc/45/1104.md?p=8) for an order of such court finding that such proposal for [supplemental transactions](/usc/45/702.md?p=21) is in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8) and is fair and equitable, and directing the [Corporation](/usc/45/702.md?p=5) to carry out any [supplemental transactions](/usc/45/702.md?p=21) specified in such proposal. Such a petition shall be submitted to the [special court](/usc/45/1104.md?p=8) within 90 days after the date of the [Commission](/usc/45/702.md?p=2)’s determination under such [subsection (c)](#c), or after the expiration of the 90-day period referred to in such [subsection (c)](#c), whichever is applicable.
  - (2) After the filing of a petition under paragraph (1) of this subsection, the [special court](/usc/45/1104.md?p=8) shall decide, after a hearing, whether the proposed [supplemental transactions](/usc/45/702.md?p=21) contained in such petition, considered in their entirety, are in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8) and are fair and equitable. If the [special court](/usc/45/1104.md?p=8) determines that such proposed [supplemental transactions](/usc/45/702.md?p=21), considered in their entirety, are in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8) and are fair and equitable, it shall, upon making such determination, issue such orders as may be necessary to direct the [Corporation](/usc/45/702.md?p=5) to consummate the transactions. If the [special court](/usc/45/1104.md?p=8) determines that such proposed [supplemental transactions](/usc/45/702.md?p=21), considered in their entirety, are not in the public interest or not consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8), or are not fair and equitable, it shall file an opinion stating its conclusion and the reasons therefor. In such event the [Association](/usc/45/702.md?p=1) (in the case of a proposal developed by the [Association](/usc/45/702.md?p=1)) or the [Secretary](/usc/45/702.md?p=18) (in the case of a proposal developed by the [Secretary](/usc/45/702.md?p=18)) may, within 120 days after the filing of such opinion, certify to the [special court](/usc/45/1104.md?p=8) that the terms and conditions of the proposal have been modified consistent with the opinion of the court and are acceptable to each proposed transferor (other than the [Corporation](/usc/45/702.md?p=5)) or transferee, and may petition the [special court](/usc/45/1104.md?p=8) for reconsideration of the proposal as so modified. After the filing of such petition, the [special court](/usc/45/1104.md?p=8) shall decide, after a hearing, whether the proposal as modified by the certification is in the public interest and consistent with the purposes of this chapter and the goals of the [final system plan](/usc/45/702.md?p=8) and is fair and equitable, and shall enter such further orders as are consistent with its determination.
  - (3) The [Corporation](/usc/45/702.md?p=5) is authorized to petition the [special court](/usc/45/1104.md?p=8) and to be represented regarding any proposed [supplemental transaction](/usc/45/702.md?p=21), contained in a proposal developed by either the [Association](/usc/45/702.md?p=1) or the [Secretary](/usc/45/702.md?p=18), which involves the properties of the [Corporation](/usc/45/702.md?p=5).
  - (4) In proceedings under this subsection, the [special court](/usc/45/1104.md?p=8) is authorized to exercise the powers of a reorganization court.
  - (5) Any evaluation by the [Association](/usc/45/702.md?p=1), the [Secretary](/usc/45/702.md?p=18), or the [Commission](/usc/45/702.md?p=2) shall not be reviewable in any court except the [special court](/usc/45/1104.md?p=8) in accordance with the provisions of this section. The [supplemental transactions](/usc/45/702.md?p=21) shall not be restrained or enjoined by any court nor shall they be otherwise reviewable by any court other than by the [special court](/usc/45/1104.md?p=8) to the extent provided in this section.
  - (6) Notwithstanding any other provision of this chapter, no findings, determinations, or proceedings shall be required with respect to any proposal for [supplemental transactions](/usc/45/702.md?p=21) other than as expressly set forth in this section.
  - (7) Repealed. Pub. L. 97–35, title XI, § 1155(b), Aug. 13, 1981, 95 Stat. 679.
  - (8) A final order or judgment of the [special court](/usc/45/1104.md?p=8) entering or denying an order pursuant to this subsection shall be reviewable in the same manner as provided in [section 719(e)(3) of this title](/usc/45/719.md?p=e-3).
- (e) **“Fair and equitable” defined—** As used in this section, the term “fair and equitable” means fair and equitable, in accordance with the standards applicable to the approval of a plan of reorganization (or a step in such plan) under section 77 of the Bankruptcy Act[^1] to—
  - (1) the estates of [railroads](/usc/45/702.md?p=15) in reorganization in the [region](/usc/45/702.md?p=17) and persons leased, operated, or controlled by such [railroads](/usc/45/702.md?p=15) who have conveyed [rail properties](/usc/45/702.md?p=14), under [section 743(b)(1) of this title](/usc/45/743.md?p=b-1), in exchange for securities of the [Corporation](/usc/45/702.md?p=5), the [Association](/usc/45/702.md?p=1), or [profitable railroads](/usc/45/702.md?p=13) and other benefits provided as a consequence of this chapter and to any subsequent holders of such securities at the time of the [supplemental transaction](/usc/45/702.md?p=21) involved; and
  - (2) the holders of other securities of the [Corporation](/usc/45/702.md?p=5).

  Whenever any property or securities of the [Corporation](/usc/45/702.md?p=5) are required to be valued in order to determine whether the terms of a [supplemental transaction](/usc/45/702.md?p=21) are fair and equitable, the [special court](/usc/45/1104.md?p=8) shall give proper recognition to the contributions to the [Corporation](/usc/45/702.md?p=5) by all classes of security holders, except that such court shall not assign to the series B preferred stock or the common stock of the [Corporation](/usc/45/702.md?p=5) any values added to those securities, by reason of investment by the [Association](/usc/45/702.md?p=1) in debentures and series A preferred stock of the [Corporation](/usc/45/702.md?p=5), in excess of any value required by constitutional principles applicable to a reorganization process.

- (f) **Expedited proposals—**
  - (1) Within 240 days after the effective date of the Staggers Rail Act of 1980, the [Secretary](/usc/45/702.md?p=18), after providing an opportunity for comments from interested parties, shall determine whether to initiate a proposal for a [supplemental transaction](/usc/45/702.md?p=21) under this section for the transfer of all [rail properties](/usc/45/702.md?p=14) of the [Corporation](/usc/45/702.md?p=5) in the [States](/usc/45/702.md?p=19) of Connecticut and Rhode Island to another [railroad](/usc/45/702.md?p=15) in the [region](/usc/45/702.md?p=17). If the [Secretary](/usc/45/702.md?p=18) determines that—
    - (A) the proposed transferee [railroad](/usc/45/702.md?p=15) is financially and operationally capable of assuming the freight operations and freight service obligations of the [Corporation](/usc/45/702.md?p=5) on a financially self-sustaining basis;
    - (B) the proposed transfer would promote the establishment and retention of a financially self-sustaining rail system in the [States](/usc/45/702.md?p=19) of Connecticut and Rhode Island adequate to meet the needs of such [States](/usc/45/702.md?p=19); and
    - (C) the proposed transfer is consistent with the goals set forth in [section 716(a)(8) of this title](/usc/45/716.md?p=a-8),

    the [Secretary](/usc/45/702.md?p=18) shall develop such a proposal and may, after providing the [Association](/usc/45/702.md?p=1), the [Commission](/usc/45/702.md?p=2), and the [States](/usc/45/702.md?p=19) of Connecticut and Rhode Island an opportunity to review and comment on such proposal, petition the [special court](/usc/45/1104.md?p=8) for an order to carry out such proposal.

  - (2)
    - (A) Within 10 days after August 13, 1981, the [Secretary](/usc/45/702.md?p=18) shall initiate discussions and negotiations for the transfer of some or all of the [Corporation](/usc/45/702.md?p=5)’s [rail properties](/usc/45/702.md?p=14) and freight service obligations in the [States](/usc/45/702.md?p=19) of Connecticut and Rhode Island to one or more parties under a plan which provides for continued rail freight service on all lines operated by the [Corporation](/usc/45/702.md?p=5) on August 13, 1981, for at least four years.
    - (B) Within 120 days after August 13, 1981, the [Secretary](/usc/45/702.md?p=18) shall petition the [special court](/usc/45/1104.md?p=8) for an order to transfer all of the [Corporation](/usc/45/702.md?p=5)’s [rail properties](/usc/45/702.md?p=14) and freight service obligations in the [States](/usc/45/702.md?p=19) of Connecticut and Rhode Island to one or more [railroads](/usc/45/702.md?p=15) in the [Region](/usc/45/702.md?p=17)—
      - (i) which have under subparagraph (A) of this paragraph completed negotiations and submitted to the [Secretary](/usc/45/702.md?p=18) a proposal to assume all of the freight operations and freight service obligations of the [Corporation](/usc/45/702.md?p=5) in such [States](/usc/45/702.md?p=19) on a financially self-sustaining basis for a period of at least four years; or
      - (ii) which have developed a proposal to assume all of the freight operations and freight service obligations of the [Corporation](/usc/45/702.md?p=5) in such [States](/usc/45/702.md?p=19) under an agreement by and between the [Corporation](/usc/45/702.md?p=5) and such [railroad](/usc/45/702.md?p=15) or [railroads](/usc/45/702.md?p=15); or
      - (iii) which have, prior to May 1, 1981, submitted a proposal to the [Secretary](/usc/45/702.md?p=18) for such a transfer.

      For the purpose of this section, an order to transfer may include the [Corporation](/usc/45/702.md?p=5) if the [Corporation](/usc/45/702.md?p=5) agrees to maintain service over lines retained by the [Corporation](/usc/45/702.md?p=5) for four years.

    - (C) To permit efficient and effective rail operations consistent with the public interest, as a part of any transfer under paragraph (2)(B) of this subsection, the [Secretary](/usc/45/702.md?p=18) shall promote the transfer of additional non-mainline [Corporation](/usc/45/702.md?p=5) properties in adjoining [States](/usc/45/702.md?p=19) that connect with properties that are the subject of such transfer.
    - (D) The [special court](/usc/45/1104.md?p=8) shall determine a fair and equitable price for the [rail properties](/usc/45/702.md?p=14) to be transferred under this subsection, and shall, unless the parties otherwise agree, establish divisions of joint rates for through routes over such properties which are fair and equitable to the parties. The [special court](/usc/45/1104.md?p=8) shall establish a method to ensure that such divisions are promptly paid.
    - (E) Notwithstanding any other provision of law or agreement in effect on May 1, 1981, the [special court](/usc/45/1104.md?p=8) shall require that the [railroad](/usc/45/702.md?p=15) or [railroads](/usc/45/702.md?p=15) to which properties are to be transferred under this subsection assume all charges payable by the [Corporation](/usc/45/702.md?p=5) to [Amtrak](/usc/45/1104.md?p=1) for the carriage of property by rail over those portions of the Northeast Corridor in Connecticut and Rhode Island. If the [Corporation](/usc/45/702.md?p=5) operates any rail freight service over those portions of the Northeast Corridor in Connecticut and Rhode Island after the date of such transfer, the [Corporation](/usc/45/702.md?p=5) shall pay [Amtrak](/usc/45/1104.md?p=1) any compensation that may be separately agreed upon by the [Corporation](/usc/45/702.md?p=5) and [Amtrak](/usc/45/1104.md?p=1), and the [railroad](/usc/45/702.md?p=15) or [railroads](/usc/45/702.md?p=15) to which properties are transferred under this subsection shall not be obligated to pay any compensation owed by the [Corporation](/usc/45/702.md?p=5) to [Amtrak](/usc/45/1104.md?p=1) for such post-transfer operations by the [Corporation](/usc/45/702.md?p=5).
  - (3) If the [special court](/usc/45/1104.md?p=8) determines that a proposal developed under this subsection is fair and equitable, meets the requirements of this subsection, and is in the public interest, it shall issue such orders as may be necessary to carry out such proposal. The provisions of [paragraphs (2)](#f-2)–(6) of [subsection (d)](#d) of this section shall apply to the determination of the [special court](/usc/45/1104.md?p=8) under this subsection, except that the standards for such determination shall be those set forth in this paragraph.
  - (4)
    - (A) Any employee who was protected by the compensatory provisions of subchapter V[^2] of this chapter immediately prior to August 13, 1981, and who is deprived of employment as a result of the transfer of [rail properties](/usc/45/702.md?p=14) under this subsection shall be eligible for benefits under [section 797](/usc/45/797.md)[^2] of this title.
    - (B) As used in this paragraph, “employee deprived of employment” means any employee who is unable to secure employment through the normal exercise of seniority rights, but does not include any employee who refuses an offer of employment with a [railroad](/usc/45/702.md?p=15) acquiring properties under this subsection.
- (g) **Transfer of properties and freight service obligations of specific lines—**
  - (1) Within 20 days after August 13, 1981, the [Secretary](/usc/45/702.md?p=18) shall initiate discussions and negotiations for the expedited transfer of all properties and freight service obligations of the [Corporation](/usc/45/702.md?p=5) with respect to the following lines: Canaan, Connecticut, to Pittsfield, Massachusetts; North Adams Junction, Massachusetts, to North Adams, Massachusetts; Hazardville, Connecticut, to Springfield, Massachusetts; Westfield, Massachusetts, to Easthampton, Massachusetts; Westfield, Massachusetts, to Holyoke, Massachusetts.
  - (2) Within 120 days after August 13, 1981, the [Secretary](/usc/45/702.md?p=18) shall transfer, provided a qualified purchaser offers to purchase, the [Corporation](/usc/45/702.md?p=5)’s properties and freight service obligations described in paragraph (1) of this subsection to another [railroad](/usc/45/702.md?p=15) or [railroads](/usc/45/702.md?p=15) in the [Region](/usc/45/702.md?p=17) which are determined by the [Secretary](/usc/45/702.md?p=18) to be qualified. A qualified purchaser is defined as a [railroad](/usc/45/702.md?p=15) financially self-sustaining which guarantees continuous service for at least four years.
  - (3) The [Secretary](/usc/45/702.md?p=18) shall determine a fair and equitable price for the [rail properties](/usc/45/702.md?p=14) to be transferred under this subsection, and shall, unless the parties otherwise agree, establish divisions of joint rates for through routes over such properties which are fair and equitable to the parties.
  - (4) The [Secretary](/usc/45/702.md?p=18) shall determine fair and equitable terms for the provision of such trackage rights, on segments of the [Corporation](/usc/45/702.md?p=5)’s lines not to exceed 5 miles per line transferred, to acquiring carriers as may be necessary to operate such transferred lines in an efficient manner.

## Footnotes

[^1]: See References in Text note below.
[^2]: See References in Text note below.

## Source credit

(Pub. L. 93–236, title III, § 305, as added Pub. L. 94–210, title VI, § 610(b), Feb. 5, 1976, 90 Stat. 100; amended Pub. L. 96–448, title VI, § 601(a), Oct. 14, 1980, 94 Stat. 1958; Pub. L. 97–35, title XI, § 1155, Aug. 13, 1981, 95 Stat. 677; Pub. L. 98–620, title IV, § 402(48), Nov. 8, 1984, 98 Stat. 3360; Pub. L. 104–317, title VI, § 605(c)(2), Oct. 19, 1996, 110 Stat. 3859.)

## Notes

### Editorial Notes

### References in Text

Section 77 of the Bankruptcy Act, referred to in subsec. (e), was classified to section 205 of former Title 11, Bankruptcy. The Bankruptcy Act (act July 1, 1898, ch. 541, 30 Stat. 544) 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.

The effective date of the Staggers Rail Act of 1980, referred to in subsec. (f)(1), probably means Oct. 1, 1980, the effective date of section 601(a) of Pub. L. 96–448, which enacted subsec. (f) of this section. See section 710 of Pub. L. 96–448, set out as an Effective Date of 1980 Amendment note under section 1170 of Title 11.

Subchapter V of this chapter, referred to in subsec. (f)(4)(A), was repealed by Pub. L. 97–35, title XI, § 1144(a)(1), Aug. 13, 1981, 95 Stat. 669.

Section 797 of this title, referred to in subsec. (f)(4)(A), was repealed by Pub. L. 99–509, title IV, § 4024(c), Oct. 21, 1986, 100 Stat. 1904, effective on the sale date (Apr. 2, 1987).

### Amendments

1996—Subsec. (d)(4). Pub. L. 104–317, which directed amendment of par. (4) by striking out “a judge of the United States district court with respect to such proceedings and such powers shall include those of”, was executed by striking out text which contained the words “judge of a United States” rather than “judge of the United States” to reflect the probable intent of Congress.

1984—Subsec. (d)(2). Pub. L. 98–620 substituted “After” for “Within 180 days after” at beginning of first and last sentences.

1981—Subsec. (d)(7). Pub. L. 97–35, § 1155(b), struck out par. (7) which related to applicable requirements to supplemental transactions.

Subsec. (f). Pub. L. 97–35, § 1155(a), in par. (2) substituted provisions relating to discussions and negotiations, judicial procedures applicable, etc., for transfers, for provisions relating to establishment of a fair and equitable price for properties, and in par. (4) substituted provisions relating to eligibility for benefits of employees deprived of employment, for provisions relating to expedited supplemental transactions.

Subsec. (g). Pub. L. 97–35, § 1155(c), added subsec. (g).

1980—Subsec. (f). Pub. L. 96–448 added subsec. (f).

### Statutory Notes and Related Subsidiaries

### Effective Date of 1996 Amendment

Amendment by Pub. L. 104–317 effective 90 days after Oct. 19, 1996, and except as otherwise provided, applicable to proceedings that arise or continue after such effective date, see section 605(e) of Pub. L. 104–317, set out as a note under section 719 of this title.

### Effective Date of 1984 Amendment

Amendment by Pub. L. 98–620 not applicable to cases pending on Nov. 8, 1984, see section 403 of Pub. L. 98–620, set out as a note under section 1657 of Title 28, Judiciary and Judicial Procedure.

### Effective Date of 1981 Amendment

Amendment by Pub. L. 97–35 effective Aug. 13, 1981, see section 1169 of Pub. L. 97–35, set out as an Effective Date note under section 1101 of this title.

### Effective Date of 1980 Amendment

Amendment by Pub. L. 96–448 effective Oct. 1, 1980, see section 710(a) of Pub. L. 96–448, set out as a note under section 1170 of Title 11, Bankruptcy.

### 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 1302 of Title 49, Transportation, and section 101 of Pub. L. 104–88, set out as a note under section 1301 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 1301 of Title 49.

See section 1341 of this title.

### Applicability of National Environmental Policy Act

Application of National Environmental Policy Act to actions of Commission not affected by title VI of Pub. L. 94–210, see section 619 of Pub. L. 94–210, set out as a note under section 791 of this title.

### Rail Abandonment and Discontinuance of Service Report

Pub. L. 94–210, title IX, § 904, Feb. 5, 1976, 90 Stat. 148, directed Secretary to submit to Congress, within ninety days of Feb. 5, 1976, a report on anticipated effect of any abandonment of lines of railroad and any discontinuances of rail service in States outside the region as defined in section 702 of this title, prior to repeal by Pub. L. 103–272, § 7(b), July 5, 1994, 108 Stat. 1379.