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interstate commerce commission

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.10 sec.
in´ter`state` com´merce com`mis´sion
n.1.The governmental commision charged with making and enforcing regulations concerning interstate commerce.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.Interstate Commerce Commission - a former independent federal agency that supervised and set rates for carriers that transported goods and people between states; was terminated in 1995; "the ICC was established in 1887 as the first federal agency"
independent agency - an agency of the United States government that is created by an act of Congress and is independent of the executive departments


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Recent legislative changes and the ICC Termination Act of 1995, which abolished the Interstate Commerce Commission, eliminated the exemption from the FAR for guaranteed traffic.
The departments on Monday filed their final recommendations with the Surface Transportation Board, a Transportation Department division that succeeded the Interstate Commerce Commission and has authority to approve or reject the merger.
If they plan to travel in other states as well, they must be approved by the federal Interstate Commerce Commission, he said.
 
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