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United States · Bill · S

S. 1036 (101st)

Rural Partnerships Act of 1989

openUnited States· United States Congress· EN

Introduced

18 May 1989

Last action

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Status

Similiar Provisions Included In H.R.4793 (Title III).

Sponsors

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Subjects

Discovery layer

Source updated

21 July 2025

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Summary

Rural Partnerships Act of 1989 - Title I: Rural Business and Job Creation - Subtitle A: Rural Partnerships Investment Board - Establishes a Rural Partnerships Investment Board to provide lines of credit through local revolving funds for rural business expansion. Terminates the Board five years after enactment of this Act. Establishes in the Treasury the Rural Business Investment Fund to provide funds for such purpose. Limits an entity's credit line to $750,000. Stipulates that a State agency may receive up to $1,250,000. Requires a participating entity to: (1) provide matching funds at least equal to the line of credit; and (2) demonstrate financial institution participation. Requires only 50 percent matching funds in areas with per capita income levels below specified levels. Limits the maximum amount of Federal contributions to each State's revolving funds to $100,000. Obligates a specified amount of appropriated funds for businesses serving very distressed rural areas or providing specified rural services, including health care, elderly and handicapped services, educational services, or transportation. Authorizes FY 1990 through 1992 appropriations. Requires each participating entity to establish a local revolving fund to: (1) make loans, investments, or loan guarantees; and (2) pay for various training and related programs. Requires local revolving funds to enter into 50 percent matching loan or investment partnerships with banks and other financial institutions. Limits a fund's annual investments in any one business to $250,000. Sets forth compliance and enforcement provisions, including: (1) grounds for revocation of a line of credit; (2) investigatory authority of the Board; (3) unlawful acts of officers, directors, employees, or agents; (4) penalties; and (5) Board authority to bring an action in district court. Subtitle B: Rural Economic Development Promoted by the Rural Electrification Administration - Amends the Rural Electrification Act of 1936 to direct the Administrator of the Rural Electrification Administration (REA) to appoint an Assistant Administrator for Economic Development to carry out REA programs concerning the involvement of rural electric and telephone systems in community and economic development. Directs the Administrator to establish a technical assistance unit to assist borrowers with respect to community and economic development activities. Permits a borrower to defer loan repayments (five or ten years, depending on the project) for amounts invested in community or economic development projects. Limits such deferment to 50 percent of a project's cost. Authorizes and limits water and waste facility loans to the lesser of $40,000,000 or ten percent of fiscal year REA insured loan authority. Sets forth loan priority provisions. Requires private sector assistance under specified circumstances. Targets electrification borrower investments in: (1) the Incubation Fund established by this Act or other business incubators; and (2) community, business, or economic development projects. Expands the scope of REA rural economic development functions. Establishes in the Treasury a Rural Business Incubation Fund to make grants and reduced interest loans to electric and telephone borrowers in order to promote business incubation programs or to create rural business incubators. Requires such incubators to: (1) be operated on a not-for-profit basis; and (2) assist businesses to become viable business entities. Provides for funding of such incubators by assisted businesses, REA borrowers, and the Treasury. Deems investments by REA telephone borrowers in rural telecommunication or other rural development projects not to be dividends or capital distributions. Title II: Enhancing Human Resources - Establishes a grant program to increase rural educational opportunities through the use of telecommunications and related technologies. Authorizes FY 1990 through 1994 appropriations. Requires grantee partnerships to consist of: (1) REA borrowers; (2) specified national telecommunication organizations; and (3) educational institutions. Establishes the Rural Educational Opportunities Board to advise grant recipients, evaluate programs and technology, serve as a liaison with REA and the Secretary of Education, and review and make grant application recommendations. Requires REA and the Secretary of Agriculture to make an annual program report to the appropriate congressional committees. Provides for expedited REA telephone loans. Establishes: (1) a rural medical link telecommunications grant program; and (2) a rural business link telecommunications grant program. Authorizes FY 1990 through 1994 appropriations for such programs. Title III: Focus on Rural America by the Department of Agriculture - Amends the Rural Development Act of 1972 to direct the Secretary to establish an Extension Service rural economic and business program to permit State or county extension services to hire business development and related telecommunications specialists. Authorizes appropriations beginning with FY 1990. Directs the Secretary to: (1) establish a program to study economically distressed rural counties; (2) evaluate the nature and availability of assistance needed by such counties; and (3) report to the appropriate congressional committees in each of FY 1990 through 1993. Authorizes appropriations. Directs the Secretary to establish a rural development assistance information program. Authorizes appropriations. Directs the Secretary to report to the appropriate congressional committees by September 1, 1989, concerning the coordination of Department of Agriculture rural development activities. Directs the Secretary to conduct a study and report to the appropriate congressional committees with respect to the Department's data processing functions and whether they can be performed more economically in rural areas. Authorizes appropriations. Title IV: Rural Business and Employment Assistance - Directs the Secretary to make technical assistance grants for rural business development, including business support centers. Prohibits the use of such funds for political activity or business relocation. Authorizes appropriations. Amends the Consolidated Farm and Rural Development Act to direct the Secretary to make grants for rural technology assistance. Authorizes appropriations. Directs the Secretary to make rural emergency assistance loans to communities of less than 20,000 persons. Limits such loans to two-year periods, with a maximum of $50,000 to any one borrower. Authorizes appropriations. Title V: National Rural Information Center Clearinghouse - Directs the Secretary to establish within the National Agricultural Library a National Rural Information Center Clearinghouse. Authorizes FY 1990 through 1994 appropriations. Title VI: Water and Sewer Assistance - Amends the Consolidated Farm and Rural Development Act to increase the authorization of appropriations for small community water and waste facility grants. Directs the Secretary to establish an emergency water assistance grant program for rural and small communities (less than 3000 population, median household income below State nonmetropolitan level) with significant water shortages, or to enable such communities to comply with the requirements of the Federal Water Pollution Control Act or the Safe Drinking Water Act. Limits grants to: (1) $75,000 for existing system repairs; and (2) $500,000 for water shortage areas. Authorizes appropriations. Directs the Secretary to base loan rates for health care and related facilities solely on the income of the area to be served. Directs the Administrator of the Farmers Home Administration to establish a national rural waste water circuit rider program modeled after the existing National Rural Water Association rural water circuit rider program. Authorizes appropriations. Title VII: Miscellaneous - Directs the Census Bureau to: (1) expand data collection efforts to gather data on the changing economic conditions of rural America, including employment, poverty and income, and the labor force; and (2) employ rural residents for such efforts in FY 1990. Authorizes appropriations. Directs the Secretary of the Interior to establish regulations regarding projects funded under this Act with respect to the preservation of historic properties and historical and archaeological data. Authorizes certain Farm Credit System banks to make small community water and waste system loans. Amends the Food Stamp Act of 1977 to permit a State to designate State areas where the food stamp program (program) employment and training requirements shall be voluntary. Includes self-employment within the scope of such requirements. Increases rural program accessibility for people engaged in certain employment and training programs. Exempts from household financial resources for purposes of program eligibility the value of a vehicle used in rural areas to haul fuel or water. Amends Federal law to increase the amount of annual funds available to the Reforestation Trust Fund. Authorizes Fund use for economic diversification assistance to communities that are economically dependent upon the Forest Service. Directs the Secretary to establish a program of loan restructuring for distressed rural hospitals and health care facilities. Title VIII: Effective Date and Implementation - Makes this Act effective as of October 1, 1989, unless otherwise provided for. Sets forth the effective dates for specified implementing regulations under such Act.

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