S.4152: Flexible Financing for Rural America Act of 2020

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Bill Summary

Flexible Financing for Rural America Act of 2020 This bill allows rural utility service providers to submit to the Department of Agriculture (USDA) a request to adjust the interest rate or modify the terms of certain loans. The request shall include a report summarizing how the adjustment or modification will assist the borrower in providing critical utility services to a rural community. Specifically, on receipt of a request, USDA must ...

(Source: Library of Congress)

Bill Actions

Date Description
July 2, 2020
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
July 2, 2020

Introduced in the Senate by John Hoeven (R-N.D.)

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