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49 U.S.C. § 24304

Employee stock ownership plans

United States · Title 49 — TRANSPORTATION · Status: effective

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49 U.S.C. § 24304, Employee stock ownership plans, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/490494
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Full text

In issuing stock pursuant to applicable corporate law, Amtrak is encouraged to include employee stock ownership plans.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 103-272(H.R. 1758)1994-07-05
    To revise, codify, and enact without substantive change certain general and permanent laws, related to transportation, as subtitles II, III, and V-X of title 49, United States Code, "Transportation", and to make other technical improvements in the Code.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 105-134(S. 738)1997-12-02
    Amtrak Reform and Accountability Act of 1997
    House: no recorded tallySenate: no recorded tally