intrastate railroad rate proceedings

intrastate railroad rate proceedings Sec. 210. Section 13 of the Interstate Commerce Act (49 U.S.C. 13) is amended by striking out “: Provided, That” and all that follows through “hearing and decision therein” in paragraph (4) thereof, and by adding at the end thereof the following new paragraph: “(5) The Commission shall have exclusive authority, upon application to it, to determine and prescribe intrastate rates if— “(a) a carrier by railroad has filed with an appropriate administrative or regulatory body of a State, a change in an intrastate rate, fare, or charge, or a change in a classification, regulation, or practice that has the effect of changing such a rate, fare, or charge, for the purpose of adjusting such rate, fare, or charge to the rate charged on similar traffic moving in interstate or foreign commerce; and “(b) the State administrative or regulatory body has not, within 120 days after the date of such filing, acted finally on such change. Notice of the application to the Commission shall lie served on the appropriate State administrative or regulatory body. Upon the filing of such an application, the Commission shall determine and prescribe, according to the standards set forth in paragraph (4) of this section, the rate thereafter to lie charged. The provisions of this paragraph shall apply notwithstanding the laws or constitution of any State, or the pendency of any proceeding before any State court or other State authority.”.