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- H.R.3773
H.R.3773: To amend the Rural Electrification Act of 1936 to return the Rural Electrification Administration to its original mission of providing credit to rural electric cooperatives which are unable to obtain needed financing in the private sector.
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about energy
- Introduced Feb. 2, 1994
- Latest Major Action Feb. 7, 1994
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Rural Electrification Act of 1936 to restrict loan eligibility to only those persons unable to reasonably obtain sufficient credit elsewhere. Authorizes the Administrator of the Rural Electrification Administration (REA) to determine appropriate interest rates for REA loans and advances. Terminates: (1) rural telephone service loan authority; and (2) rural economic development authority. Establishes loan priorities.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Agriculture.
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Referred to the Subcommittee on Environment, Credit and Rural Development.
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| Feb. 2, 1994 |
Introduced in the House by Bob Inglis (R-S.C.) |