A bill to amend the Rural Electrification Act of 1936 and the Consolidated Farmers Home Administration Act of 1961.

[AI summary unavailable — showing source text] Directs the Administrator of the Rural Electrification Administration to make loans each fiscal year, in the amounts appropriated by Congress, in the several States and Territories of the United States for rural electrification and the furnishing of electric energy to persons in rural areas who are not receiving central station service and for the purpose of furnishing and improving telephone service in rural areas. States that the authority to make and insure loans under the Consolidated Farmers Home Administration Act of 1961 shall be in addition to and not in lieu of authority contained in the Rural Electrification Act of 1936.…