S 323 · 111th Congress · Economics and Public Finance
Rural Revitalization Act of 2009
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2009-01-26)
Plain Language Summary
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Rural Revitalization Act of 2009 - Amends the Internal Revenue Code to: (1) allow the issuance, through December 31, 2010, of tax-exempt facility bonds to finance qualified electric transmission facilities; and (2) extend issuance authority for qualified zone academy bonds and permit bond proceeds to be used for construction. Amends the Federal Power Act to revise the Secretary of Energy's authority to designate national interest electric transmission corridors. Directs the Secretary of the Treasury to transfer funds for: (1) electrification loans and loan guarantees; (2) Indian reservation roads and bridge and highway projects; (3) water projects; (4) utilities programs; (5) community facilities programs; (6) business enterprise grants and microenterprise assistance; (7) telemedicine and distance learning services; (8) public works and economic development; and (9) energy programs. Amends the Energy Independence and Security Act of 2007 to direct the Secretary of Energy to make loan guarantees for renewable fuel pipelines. Directs the Secretary of the Treasury to transfer funds for the: (1) emergency food assistance program; (2) commodity supplemental food program; (3) emergency f…
Summarized by Claude AI · Non-partisan · For informational purposes only