H.R.4547: To amend title 49, United States Code, to limit sales of air carrier certificates.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced Sept. 10, 1998
  • Latest Major Action Sept. 24, 1998

Bill Summary

Amends Federal transportation law to limit the authority of the Secretary of Transportation to approve the transfer (sale) of an air carrier certificate to those instances in which: (1) a certificate holder will not receive in exchange for the certificate any financial or other consideration exceeding the financial or other consideration the holder originally paid for it; and (2) a certificate holder who did not originally pay financial or...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Transportation and Infrastructure.
Referred to the Subcommittee on Aviation.
Sept. 10, 1998

Introduced in the House by James L. Oberstar (D-Minn.)

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