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United States · Law · HR

H.R. 5237 (102nd)

Rural Electrification Administration Improvement Act of 1992

enactedUnited States· United States Congress· EN

Introduced

21 May 1992

Last action

21 October 1992 · President

Status

Became Public Law No: 102-428.

Sponsors

Rep. English, Glenn [D-OK-6], Rep. Stallings, Richard H. [D-ID-2], Rep. Long, Jill L. [D-IN-4], Rep. Jontz, Jim [D-IN-5], Rep. Peterson, Collin C. [D-MN-7], Rep. Roemer, Tim [D-IN-3], Rep. Young, Don [R-AK-At Large], Rep. Emerson, Bill [R-MO-8], Rep. Volkmer, Harold L. [D-MO-9], Rep. Olin, James R. [D-VA-6], Rep. Smith, Robert [R-OR-2], Rep. Penny, Timothy J. [D-MN-1], Rep. McCloskey, Frank [D-IN-8], Rep. Petri, Thomas E. [R-WI-6], Rep. Myers, John T. [R-IN-7], Sen. Johnson, Tim [D-SD], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Weber, Vin [R-MN-2], Rep. Moody, Jim [D-WI-5], Rep. Spratt, John M., Jr. [D-SC-5], Rep. Boehner, John A. [R-OH-8], Rep. Sisisky, Norman [D-VA-4], Rep. Hamilton, Lee H. [D-IN-9], Rep. Payne, Lewis F., Jr. [D-VA-5], Rep. McMillen, Thomas [D-MD-4], Rep. Synar, Mike [D-OK-2], Rep. Burton, Dan [R-IN-5], Rep. Bonior, David E. [D-MI-10], Rep. Jacobs, Andrew, Jr. [D-IN-10], Rep. Bereuter, Doug [R-NE-1], Rep. Carr, Bob [D-MI-8], Rep. Coleman, E. Thomas [R-MO-6], Rep. Camp, Dave [R-MI-4], Rep. Laughlin, Greg [D-TX-14], Rep. Traficant, James A., Jr. [D-OH-17], Rep. Hancock, Mel [R-MO-7], Rep. Skelton, Ike [D-MO-4], Rep. Gunderson, Steve [R-WI-3], Rep. Neal, Stephen L. [D-NC-5], Rep. Klug, Scott L. [R-WI-2], Rep. Vander Jagt, Guy [R-MI-9], Rep. Lancaster, H. Martin [D-NC-3], Rep. Clinger, William F., Jr. [R-PA-5], Rep. Hefner, W. G. (Bill) [D-NC-8], Rep. Visclosky, Peter J. [D-IN-1], Rep. Davis, Robert W. [R-MI-11], Rep. Sharp, Philip R. [D-IN-2], Sen. Dorgan, Byron L. [D-ND]

Subjects

Agriculture

Source updated

4 February 2025

Agriculture

Summary

Rural Electrification Administration Improvement Act of 1992 - Amends the Rural Electrification Act of 1936 to provide that if a borrower of a loan made or guaranteed by the Rural Electrification Administration (REA) applies for an electric or telephone service loan from a private lender, REA shall grant the private lender a lien accommodation on the total assets securing the unpaid balance on an equal and pro rata basis with the Government lien, except if such private loan will adversely affect the borrower's ability to repay the Government. Subordinates the REA lien to a lien made by a private lender on a non-electric or non-telephone rural development loan if the borrower's revenues will be sufficient to meet all loan obligations. Revises discounted loan prepayment provisions to permit prepayment or sale of a loan that was advanced before a certain date or has been fully advanced for not less than two years. Limits future loan eligibility for prepaying borrowers. Repeals provisions regarding: (1) borrower net worth; and (2) the prepayment privatization demonstration program.

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

Timeline

  1. 21 May 1992

    Introduced

    Referred to the House Committee on Agriculture.

    Source: IntroReferral

  2. 21 May 1992

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 May 1992

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 28 May 1992

    Referred

    Referred to the Subcommittee on Conservation, Credit, and Rural Development.

    Source: Committee

  5. 28 May 1992

    Committee

    Executive Comment Requested from USDA.

    Source: Committee

  6. 2 June 1992

    Committee

    Subcommittee Hearings Held.

    Source: Committee

  7. 3 June 1992

    Committee

    Forwarded by Subcommittee to Full Committee (Amended).

    Source: Committee

  8. 3 June 1992

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

  9. 25 June 1992

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  10. 25 June 1992

    Reported

    Ordered to be Reported (Amended).

    Source: Committee

  11. 9 July 1992

    Passed

    Mr. de la Garza asked unanimous consent that the Committee on Agriculture have until 5:00 p.m. on July 16 to file a report on H.R. 5237. Agreed to without objection.

    Source: Committee

  12. 10 July 1992

    Committee

    Unfavorable Executive Comment Received from USDA.

    Source: Committee

  13. 4 August 1992

    Reported

    Reported (Amended) by the Committee on Agriculture. H. Rept. 102-782, Part I.

    Source: Committee

  14. 4 August 1992

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the chair announced that further proceedings on the motion would be postponed until Aug. 5.

    Source: Floor

  15. 4 August 1992

    Floor

    DEBATE - The House proceeded with forty minutes of debate.

    Source: Floor

  16. 4 August 1992

    Floor

    Considered under suspension of the rules.

    Source: Floor

  17. 4 August 1992

    Floor

    Mr. de la Garza moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  18. 4 August 1992

    Reported

    Reported (Amended) by the Committee on Agriculture. H. Rept. 102-782, Part I.

    Source: Committee

  19. 5 August 1992

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  20. 5 August 1992

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays (2/3 required): 359 - 60 (Roll No. 368).

    Source: Floor

  21. 5 August 1992

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays (2/3 required): 359 - 60 (Roll No. 368).

    Source: Floor

  22. 5 August 1992

    Floor

    Considered as unfinished business.

    Source: Floor

  23. 6 August 1992

    Introduced

    Received in the Senate and read twice and referred to the Committee on Agriculture.

    Source: IntroReferral

  24. 27 August 1992

    Referred

    Referred to Subcommittee on Rural Development, Electrification.

    Source: Committee

  25. 5 October 1992

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

  26. 5 October 1992

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.

    Source: Floor

  27. 5 October 1992

    Discharge

    Senate Committee on Agriculture discharged by Unanimous Consent.

    Source: Discharge

  28. 5 October 1992

    Committee

    Senate Committee on Agriculture discharged by Unanimous Consent.

    Source: Committee

  29. 6 October 1992

    Floor

    Message on House action received in Senate.

    Source: Floor

  30. 6 October 1992

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  31. 6 October 1992

    Floor

    DEBATE - The House proceeded with forty minutes of debate.

    Source: Floor

  32. 6 October 1992

    Passed

    On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.

    Source: ResolvingDifferences

  33. 6 October 1992

    Passed

    Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.

    Source: NotUsed

  34. 6 October 1992

    ResolvingDifferences

    Mr. de la Garza moved that the House suspend the rules and agree to the Senate amendment.

    Source: ResolvingDifferences

  35. 9 October 1992

    Floor

    Presented to President.

    Source: Floor

  36. 9 October 1992

    President

    Presented to President.

    Source: President

  37. 21 October 1992

    Became law

    Became Public Law No: 102-428.

    Source: President

  38. 21 October 1992

    Became law

    Signed by President.

    Source: BecameLaw

  39. 21 October 1992

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

Documents

9 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN

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  • Introduced in House (text)

    Introduced in House · EN

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  • Enrolled Bill (text)

    Enrolled Bill · EN

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  • Engrossed in House (text)

    Engrossed in House · EN

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  • Engrossed Amendment Senate (text)

    Engrossed Amendment Senate · EN

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  • Committee Discharged Senate (text)

    Committee Discharged Senate · EN

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  • Public Law (PDF)

    Public Law · EN · 22 October 1992

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  • Passed Senate amended

    summary · EN · 5 October 1992

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  • Introduced in House

    summary · EN · 21 May 1992

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