Interstate Commerce Commission Termination Act of 1995 ICCTA
Term · Insurance and risk management · MLC-T-INS-001908
A United States federal law that abolished the Interstate Commerce Commission (ICC) and largely deregulated the railroad and motor carrier industries. It transferred remaining regulatory functions, primarily related to railroads, to the newly created Surface Transportation Board. The Act significantly reduced federal oversight of interstate transportation.
| Identifier | MLC-T-INS-001908 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001908",
"term": "Interstate Commerce Commission Termination Act of 1995 ICCTA",
"field": "Insurance and risk management",
"definition": "A United States federal law that abolished the Interstate Commerce Commission (ICC) and largely deregulated the railroad and motor carrier industries. It transferred remaining regulatory functions, primarily related to railroads, to the newly created Surface Transportation Board. The Act significantly reduced federal oversight of interstate transportation.",
"url": "https://mlchart.com/terminology/insurance/interstate-commerce-commission-termination-act-of-1995-iccta/"
}
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