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United States · Bill · S

S. 796 (97th)

Rural Telephone Bank Amendment Act of 1981

openUnited States· United States Congress· EN

Introduced

25 March 1981

Last action

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Status

Committee on Agriculture received executive comment from Agriculture Department. Unfavorable.

Sponsors

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Subjects

Discovery layer

Source updated

29 August 2025

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Summary

Rural Telephone Bank Amendment Act of 1981 - Amends the Rural Electrification Act of 1936 to require the United States to purchase class A stock to fund the Rural Telephone Bank through 1991 until such stock equals $600,000,000. Extends the date for such stock to be redeemed and retired by the telephone bank as soon as practicable after September 30, 1995. Eliminates the minimum amount of class A and class B stock which must be issued before class A stock may be retired.

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1 official file

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