S.1032: Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act

About This Bill

  • Introduced April 4, 2019
  • Latest Major Action April 4, 2019

Bill Sponsor

Bill Version

Bill Summary

Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act This bill modifies the definition of income used to determine the tax-exempt status of a mutual or cooperative telephone or electric company to exclude certain government grants, contributions, and assistance. Specifically, the bill excludes from income (1) grants, contributions, and assistance provided under the Robert T. Stafford Disaster Relief and Emergency Assistance Act or by...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.1032.

Bill Actions

Date Description
April 4, 2019
Read twice and referred to the Committee on Finance.
April 4, 2019

Introduced in the Senate by Rob Portman (R-Ohio)

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