Construction Activity on California' s High- Speed Rail Program. State law requires the High- Speed Rail Authority ( HSRA) to prepare a business plan every even year that provides certain key information about the planned high- speed rail system. Mar 27, · California sold $ 600 million in bonds Tuesday to help pay for its high- speed rail project even as lawmakers and Gov. The HSR Act was signed into law by president Gerald R.Even if the parties determine that a proposed transaction is not subject to the requirements of the Hart- Scott- Rodino Antitrust Improvements Act ( the “ HSR Act” ), 1 the. The bond money is a key source of funding for the troubled project,. ( State law also requires HSRA to prepare a project update report every odd year that provides certain updated information, such as on costs and schedule. The Federal Trade Commission recently announced its annual adjustments to the jurisdictional thresholds for premerger notification filings under the Hart- Scott- Rodino Antitrust Improvements Act of 1976 ( HSR Act).
The parties to certain proposed transactions must submit premerger notification to the FTC. The Hart- Scott- Rodino Act established the federal premerger notification program, which provides the FTC and the Department of Justice with information about large mergers and acquisitions before they occur. § 18a, title II of the original law. HSR Update: Antitrust Scrutiny of Non- reportable Transactions 05/ 08/ Jennifer T.