Page:United States Statutes at Large Volume 94 Part 1.djvu/455

 PUBLIC LAW 96-254—MAY 30, 1980

94 STAT. 405

"(B) For purposes of this subsection, the return on redeemable preference shares shall be the minimum established pursuant to section 506(a)(3) of this title. 45 USC 826. "(4) This subsection shall apply to purchase applications filed with the Commission prior to September 15, 1980, and approved by the court having jurisdiction over the reorganization of the Rock Island Railroad or the Milwaukee Railroad, as the case may be, and by the Commission.". APPLICABILITY OP NEPA AND EPCA

SEC. 113. The provisions of the National Environmental Policy Act ^5 USC loio. and section 382(b) of the Energy Policy and Conservation Act (42 ^ote U.S.C. 6362(b)) shall not apply to transactions carried out pursuant to this title. AUTHORITY OF THE RAILROAD RETIREMENT BOARD

SEC. 114. (a) The Board may prescribe such regulations as may be 45 USC loii. necessary to carry out its duties under this title. Ob) In carrying out its duties under this title, the Board may exercise such of the powers, duties, and remedies provided in subsections (a), 0>), and (d) of section 12 of the Railroad Unemployment Insurance Act (45 U.S.C. 362 (a), (b), and (d)) as are not inconsistent with the provisions of this title. PUBLICATIONS AND REPORTS

SEC. 115. Within 45 days after the date of enactment of this Act, the 45 USC 1012. Board shall publish, and make available for distribution by the Rock Island Railroad to all eligible employees, a document which describes in detail the rights of such employees under sections 106, 107, 108, and 119 of this title. AMENDMENTS TO MILWAUKEE RAILROAD RESTRUCTURING ACT

SEC. 116. Section 18 of the Milwaukee Railroad Restructuring Act (45 U.S.C. 916) is amended— 93 Stat. 746. (1) by striking "Until" and inserting in lieu thereof "(a) Except as provided in subsection (b) of this section, until"; and (2) by adding at the end thereof the following new subsection: "Ob) The Commission shall upon request provide for directed Directed service. service, not to exceed 30 days during the period immediately prior to acquisition, on the Milwaukee Railroad under section 11125 of title 49, United States Code. Such directed service shall be limited to those lines or line segments where legislation has been enacted by a State legislature prior to the date of enactment of this subsection which would provide for such State to tender a bona fide offer for acquisition of such lines or line segments. The Commission may order directed service by the Milwaukee Railroad under this subsection without inclusion of a 6 percent profit factor. The Commission shall take the action described in this subsection only in the event that the Secretary of Transportation determines that such service cannot be continued under the Emergency Rail Service Assistemce Act.".

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