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United States · Bill · S

S. 1252 (103rd)

A bill to amend the Rural Electrification Act of 1936 to permit the prepayment or repricing of certain loans according to the terms of the applicable loan contract, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

16 July 1993

Last action

Status

Referred to Subcommittee on Rural Development, Electrification.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Rural Electrification Act of 1936 to prescribe guidelines under which the Secretary of the Treasury and the Rural Electrification Administrator (the Administrator) shall allow, upon a borrower's request, the prepayment or repricing of a loan made by the Federal Financing Bank and guaranteed by the Administrator. Authorizes appropriations as necessary to provide for the cost of prepayment premium waivers for such loans.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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