HR 2569 · 110th Congress · Science, Technology, Communications

Rural Broadband Deployment Act

Introduced 2007-06-05· Sponsored by Rep. Graves, Sam [R-MO-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from USDA.(2007-06-26)

Plain Language Summary

[AI summary unavailable — showing source text] 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