H.R.6707: To require Surface Transportation Board consideration of the impacts of certain railroad transactions on local communities, and for other purposes.

To require Surface Transportation Board consideration of the impacts of certain railroad transactions on local communities, and for other purposes. 9/26/2008--Reported to House amended.    (There is 1 other summary) Taking Responsible Action for Community Safety Act - Amends federal transportation law with respect to the consolidation, merger, or acquisition of control (transaction) involving rail carriers to require public hearings in the affected communities if public hearings on a proposed transaction are held. Requires the Surface Transportation Board, in a proceeding involving the merger or control of at least one Class I railroad (under current law, merger or control of at least two Class I railroads), to consider the effect on the public interest, including the safety and environmental effect of the proposed merger on local communities, intercity rail passenger transportation, and commuter rail passenger transportation. Prohibits the [...]

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