US SB1032 | 2019-2020 | 116th Congress


Spectrum: Slight Partisan Bill (Republican 37-18-2)
Status: Introduced on April 4 2019 - 25% progression
Action: 2019-04-04 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]


Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act This bill modifies the definition of income used to determine the tax-exempt status of a mutual or cooperative telephone or electric company to exclude certain government grants, contributions, and assistance. Specifically, the bill excludes from income (1) grants, contributions, and assistance provided under the Robert T. Stafford Disaster Relief and Emergency Assistance Act or by local, state, or regional governmental entities for disasters or emergencies; and (2) certain grants or contributions provided by a government entity for electric, communications, broadband, internet, or other utility facilities or services.

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Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act



2019-04-04SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB2147 (Related) 2019-04-09 - Referred to the House Committee on Ways and Means.


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Bill Comments