HR 3604 · 97th Congress · Agriculture and Food

A bill to provide for the adjustment of interest rates on rural telephone bank loans.

Introduced 1981-05-18· Sponsored by Rep. Evans, Cooper [R-IA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Conservation Credit and Rural Development.(1981-05-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Rural Electrification Act of 1936 to authorize the Governor of the rural telephone bank to call a rural telephone bank loan or refinance it at a higher interest rate if the borrower transfers its property, rights, or franchises acquired under such Act.…

Summarized by Claude AI · Non-partisan · For informational purposes only