S.978: Flexible Financing for Rural America Act of 2021

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Bill Summary

Flexible Financing for Rural America Act of 2021 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 or the...

(Source: Library of Congress)

Bill Actions

Date Description
March 25, 2021
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
March 25, 2021

Introduced in the Senate by Tina Smith (D-Minn.)

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