US Congress House Bill 7680 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 14-0)
Status: Introduced on July 20 2020 - 25% progression, died in committee
Action: 2020-09-03 - Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Pending: House Commodity Exchanges, Energy, and Credit Committee
Text: Latest bill text (Introduced) [PDF]

Provides authority and funding for the Department of Agriculture to establish a loan program for certain rural utility service providers (e.g., electric, telecommunications, or waste disposal service providers) to replace specified losses during a federally declared disaster or emergency. During such a disaster or emergency, interest on the loan shall not accrue, and repayment of principal shall not be required. Borrowers may qualify for partial loan forgiveness if certain requirements are met. The bill also establishes and provides funding for a Rural Utility Bridge Loan Fund to implement the program.

Reinforcing Utility Restoration After Losses (RURAL) Act

Rep. Eric Crawford [R-AR]	Rep. Charles Fleischmann [R-TN]	Rep. Neal Dunn [R-FL]	Rep. James Hagedorn [R-MN]
Rep. Michael Conaway [R-TX]	Rep. Dusty Johnson [R-SD]	Sen. Roger Marshall [R-KS]	Rep. Michael Guest [R-MS]
Rep. Bob Gibbs [R-OH]	Rep. Trent Kelly [R-MS]	Rep. Steven Palazzo [R-MS]	Rep. Liz Cheney [R-WY]
Rep. David McKinley [R-WV]	Rep. Don Young [R-AK]

Date	Chamber	Action
2020-09-03	House	Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
2020-07-20	House	Referred to the House Committee on Agriculture.
2020-07-20	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/7680/all-info
Text	https://www.congress.gov/116/bills/hr7680/BILLS-116hr7680ih.pdf