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United States · Bill · S

S. 1796 (108th)

Rural Renaissance Act

referredUnited States· United States Congress· EN

Introduced

29 October 2003

Last action

29 October 2003 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13517-13520)

Sponsors

Sen. Coleman, Norm [R-MN], Sen. Graham, Lindsey [R-SC], Sen. DeWine, Mike [R-OH], Sen. Pryor, Mark L. [D-AR]

Subjects

Housing, Agriculture, Energy

Source updated

18 August 2025

Housing · Agriculture · Energy

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Summary

Rural Renaissance Act - Amends the Consolidated Farm and Rural Development Act to establish the Rural Renaissance Corporation to issue rural renaissance bonds for the financing of qualified projects. Amends the Internal Revenue Code to allow a limited credit to the holder of a rural renaissance bond. Sets an annual rural renaissance bond limit and provides for allocation among the States. Describes qualified projects as: (1) a water or waste treatment project; (2) a conservation project, including any project to protect water quality or air quality (including odor abatement), any project to prevent soil erosion, and any project to protect wildlife habitat, including any project to assist agricultural producers in complying with Federal, State, or local regulations; (3) an affordable housing project; (4) a community facility project, including hospitals, fire and police stations, and nursing and assisted-living facilities; (5) a value-added agriculture or renewable energy facility project for agricultural producers or farmer-owned entities, including any project to promote the production or processing of ethanol, biodiesel, animal waste, biomass, raw commodities, or wind as a fuel; (6) a rural venture capital project for, among others, farmer-owned entities; (7) a distance learning or telemedicine project; (8) a project to expand broadband technology; and (9) a rural teleworks project.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 29 October 2003

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13517-13520)

    Source: IntroReferral

  2. 29 October 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 29 October 2003

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 29 October 2003

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 29 October 2003

    Open at official source

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Sponsors

Related records

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Sources

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