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S. 2480

Local Tax Relief Act

Local Tax Relief Act - Authorizes the Secretary of Transportation to pay overdue State and local real estate and personal property taxes by any railroad in reorganization.

Authorizes the appropriation of such sums as necessary to carry out the provisions of this Act.

Provides that this Act shall expire on December 31, 1978 without prejudice to the rights of the United States.

Referred to Senate Committee on Commerce.

Sen. Taft, Robert, Jr. [R-OH](R-OH)Sponsor
1 cosponsor
1committees1related bills
Local Tax Relief Act — Informed