HR 403 · 104th Congress · Agriculture and Food
To repeal the Rural Electrification Act of 1936, require the sale of all loans made under such Act, and authorize the Secretary of Agriculture to make loans to electric generation and transmission cooperatives which are unable to obtain needed financing in the private sector.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Resource Conservation, Research and Forestry.(1995-01-20)
Plain Language Summary
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Repeals the Rural Electrification Act of 1936. Requires the sale of all loans made under such Act. Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to electric generation and transmission cooperatives which are unable to obtain private sector funding.…
Summarized by Claude AI · Non-partisan · For informational purposes only