S.1796: Rural Renaissance Act

About This Bill

Bill Cosponsors

3 (1 Democrat, 3 Republicans)

Bill Summary

Rural Renaissance Act - Amends the Consolidated Farm and Rural Development Act to establish the Rural Renaissance Corporation to issue rural renaissance bonds for the financing of qualified projects. Amends the Internal Revenue Code to allow a limited credit to the holder of a rural renaissance bond. Sets an annual rural renaissance bond limit and provides for allocation among the States. Describes qualified projects as: (1) a water or waste...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Oct. 29, 2003

Introduced in the Senate by Norm Coleman (R-Minn.)

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