H.R. 9575 — A bill to grant priority in payment from the estate of a bankrupt railroad to tax claims of local school districts, other units of local government, and States.

Summary

States that, in any proceeding for the reorganization or liquidation of a railroad under specified provisions of the Bankruptcy Act, priority of payment of such estate shall be given to tax claims of local school districts, other units of local government, and States.

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H.R. 9372A bill to grant priority in payment from the estate of a bankrupt railroad to tax claims of local school districts, other units of local government, and States.
1977-09-28Referred to House Committee on Interstate and Foreign Commerce.
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Legislative Actions

1977-10-14
Introduced in House
1977-10-14
Introduced in House
1977-10-14
Referred to House Committee on the Judiciary.
1977-10-14
Referred to House Committee on Interstate and Foreign Commerce.

A bill to grant priority in payment from the estate of a bankrupt railroad to tax claims of local school districts, other units of local government, and States.

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