Authorization; time for agreement; use of funds
Failure to reach agreement; benefit schedule
If the parties are unable to reach agreement within the time period specified in subsection (a) of this section, the Secretary shall, within 30 days after the expiration of such time period, prescribe a schedule of benefits for employee protection not inconsistent with the provisions of this chapter.
Limitations on funds
section 727(f)(1)(C) of this titleAny agreement entered into under subsection (a) of this section, and any benefit schedule prescribed under subsection (b) of this section, shall not require the expenditure of funds in excess of amounts authorized to be appropriated under , nor shall any individual employee receive benefits in excess of $20,000 under such agreement or benefit schedule. No benefits or assistance may be provided under any agreement entered into or benefit schedule prescribed under this section after .
Administration of funds; promulgation of regulations
The Board shall, in such manner as it shall prescribe by regulation, administer the distribution of funds under any agreement entered into or benefit schedule prescribed under this section, and shall determine the amount for which each employee is eligible under such agreement or benefit schedule. Such regulation shall include procedures to resolve by final and binding arbitration any dispute over an employee’s eligibility or claim.
Pub. L. 96–254, title I, § 10694 Stat. 401Pub. L. 96–448, title VII, § 701(b)(1)94 Stat. 1959Pub. L. 97–468, title II, § 23196 Stat. 2546(, , ; , , ; , , .)
Editorial Notes
References in Text
Pub. L. 96–25494 Stat. 399section 1001 of this titleThis chapter, referred to in subsec. (b), was in the original “this Act”, which probably was meant to be a reference to “this title”, meaning title I (§ 101 et seq.) of , , , as amended, known as the Rock Island Railroad Transition and Employee Assistance Act, which is classified principally to this chapter. For complete classification of title I to the Code, see Short Title note set out under and Tables.
Codification
section 106 of Pub. L. 96–254Pub. L. 97–468section 106 of Pub. L. 96–254section 231f(b)(7) of this titlePrior to the general amendment of by , section was comprised of subsecs. (a) to (e) of , and subsec. (f) of section 106 amended .
Amendments
Pub. L. 97–4681983—Subsec. (a). substituted provisions relating to an agreement between the Secretary and the employees for provisions relating to an agreement between the Rock Island Railroad and the employees.
Pub. L. 97–468Subsec. (b). substituted provisions relating to the prescription of benefits by the Secretary if no agreement is reached with the employees, for provisions relating to imposition of agreement by the Interstate Commerce Commission if none was reached between the Rock Island Railroad and the employees.
Pub. L. 97–468Subsec. (c). added subsec. (c). Former subsec. (c), which related to direction to the bankruptcy trustee to carry out the agreement between the Rock Island Railroad and the employees, was struck out.
Pub. L. 97–468Subsec. (d). added subsec. (d). Former subsec. (d), which prescribed conditions for appeals from orders of the Commission or bankruptcy court, limiting them to the Seventh Circuit Court of Appeals, was struck out.
Pub. L. 97–468Subsec. (e). struck out subsec. (e) which related to prescription of regulations by the Board for the filing and payment of benefits and allowances.
Pub. L. 96–4481980—Subsec. (a). substituted “5 days after ” for “10 days after ”.
Pub. L. 96–448Subsec. (b). substituted “5 days after ” for “10 days after ” and “15 days after ” for “30 days after ”.
Pub. L. 96–448Subsec. (c). reenacted subsec. (c) without change.
Pub. L. 96–448Subsec. (d). substituted provision that any order of the Commission or bankruptcy court be appealed only to the United States Court of Appeals for the Seventh Circuit for provision that an order of the Commission not be stayed by the Commission or any other court, an order by the bankruptcy court not be stayed by any other court, appeals of Commission or bankruptcy court orders only be made to the court of appeals of the United States having jurisdiction to review decisions and orders of the bankruptcy court, and no determinations of the court of appeals be review in any other court.
Pub. L. 96–448Subsec. (e). reenacted subsec. (e) without change.
Statutory Notes and Related Subsidiaries
Effective Date of 1980 Amendment
Pub. L. 96–448section 710(d) of Pub. L. 96–448section 1170 of Title 11Amendment by effective , see , set out as a note under , Bankruptcy.