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H.R. 7680 · 116th Congress

Reinforcing Utility Restoration After Losses (RURAL) Act

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

13 cosponsors · 13 R

This bill provides authority and funding for the Department of Agriculture to establish a loan program for certain rural utility service providers (e.g., electric, telecommunications, or waste disposal service providers) to replace specified losses during a federally declared disaster or emergency.

What it does: CRS summary · Introduced in House · Jul 20, 2020

Reinforcing Utility Restoration After Losses (RURAL) Act

This bill provides authority and funding for the Department of Agriculture to establish a loan program for certain rural utility service providers (e.g., electric, telecommunications, or waste disposal service providers) to replace specified losses during a federally declared disaster or emergency.

During such a disaster or emergency, interest on the loan shall not accrue, and repayment of principal shall not be required. Borrowers may qualify for partial loan forgiveness if certain requirements are met.

The bill also establishes and provides funding for a Rural Utility Bridge Loan Fund to implement the program.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Reinforcing Utility Restoration After Losses (RURAL) Act

Latest action (Sep 3, 2020): Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Policy area: Agriculture and Food · Origin: House · Introduced: Jul 20, 2020

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.