A bill to amend the Rural Electrification Act of 1936 to permit the prepayment and refinancing of Federal Financing Bank loans made to rural electrification and telephone systems, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

2 July 1992

Last action

—

Status

Referred to Subcommittee on Rural Development, Electrification.

Summary

Amends the Rural Electrification Act of 1936 to permit the prepayment and refinancing of Federal Financing Bank loans made to rural electrification and telephone systems. Provides for: (1) a one-time refinancing penalty; (2) prepayment without penalty; and (3) equal and pro-rata liens for prepayment third-party lenders.

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Documents

2 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN
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Introduced in Senate
summary · EN · 2 July 1992
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Sources

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Official source: https://www.congress.gov/bill/102nd-congress/senate-bill/2978
Open data entity: https://api.congress.gov/v3/bill/102/s/2978