H.R.2589 - To provide for the privatization of the United States Postal Service.106th Congress (1999-2000)
|Sponsor:||Rep. Crane, Philip M. [R-IL-8] (Introduced 07/22/1999)|
|Committees:||House - Government Reform|
|Latest Action:||House - 07/26/1999 Referred to the Subcommittee on Postal Service. (All Actions)|
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Summary: H.R.2589 — 106th Congress (1999-2000)All Information (Except Text)
Provides for the transfer of the U.S. Postal Service to a private corporation.
Introduced in House (07/22/1999)
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.