To provide for the privatization of the United States Postal Service.

Fact Sheet API

Bill Number

HR 5702

Introduced

Oct 28, 2002

Latest Action

Referred to the House Committee on Government Reform.

Sponsor

Cosponsors

Topics

Commerce Congress Congressional reporting requirements Corporations Employee ownership Executive reorganization Finance and Financial Sector Government and business Government Operations and Politics Labor and Employment Legislation Pension funds Postal employees Postal rates and revenues Postal service Presidential commissions Privatization Securities United States Postal Service

Full Text

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Votes

Summary

Provides for the transfer of the U.S. Postal Service to a private corporation.

Directs the President to transmit to the Congress: (1) a comprehensive plan providing for the transfer of property subject to this Act; and (2) recommendations for legislation as necessary.

Establishes the Postal Privatization Commission to: (1) carry out functions relating to the issuance of securities to postal employees; and (2) consult with the President on the transfer.

Actions

Oct 28, 2002

Referred to the House Committee on Government Reform.
Oct 28, 2002

Introduced in House

Amendments

Related Bills