HR 2569 · 110th Congress · Science, Technology, Communications
Rural Broadband Deployment Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Executive Comment Requested from USDA.(2007-06-26)
Plain Language Summary
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Rural Broadband Deployment Act - Amends the Rural Electrification Act of 1936 with respect to rural broadband access loan or loan guarantee eligibility to: (1) not require a market survey for an applicant who is projecting less than 15% penetration of households in a service area; and (2) replace the credit support requirement, including the cash on hand requirement, with a minimum 20% of loan equity position (10% in specified situations of a single provider or limited broadband service participation area).…
Summarized by Claude AI · Non-partisan · For informational purposes only