S 323 · 111th Congress · Economics and Public Finance

Rural Revitalization Act of 2009

Introduced 2009-01-26· Sponsored by Sen. Conrad, Kent [D-ND]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2009-01-26)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (2)

2 Democrats