Amends the Declaration of Taking Act to establish an interest rate formula (replacing the fixed six-percent interest) to be applied to amounts awarded in condemnation proceedings under a declaration of taking to acquire real estate for the erection of public buildings or other public uses. Bases the formula on Treasury bill yield rates.
Requires certain bankruptcy trustees to pay health and life insurance benefits of retired former employees until May 15, 1987.
Amends the joint resolution which authorizes the Black Revoluntionary War Patriots Foundation to build a memorial to black participants in the American Revolution to require that such memorial be established in accordance with a specified Act approved by the House of Representatives on September 29, 1986.
Became Public Law No: 99-656.
Introduced in Senate
Read twice and referred to the Committee on Judiciary.
Referred to Subcommittee on Courts.
Committee on Judiciary requested executive comment from Justice Department, Administrative Office of the United States Courts.
Committee on Judiciary received executive comment from Administrative Office of the United States Courts.
Committee on Judiciary. Ordered to be reported without amendment favorably.
Committee on Judiciary. Reported to Senate by Senator Thurmond without amendment. Without written report.
Committee on Judiciary. Reported to Senate by Senator Thurmond without amendment. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 986.
Measure laid before Senate by unanimous consent.
Senate incorporated this measure in H.R. 5363 as an amendment.
Senate passed companion measure H.R. 5363 in lieu of this measure by Voice Vote.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line
Indefinitely postponed by Senate by Voice Vote.