Rural Electrification Administration Improvement Act of 1992 - Amends the Rural Electrification Act of 1936 to revise discounted loan prepayment provisions to permit prepayment or sale of a loan that was advanced before May 1, 1992, or has been advanced for not less than two years at the lesser of: (1) the loan's outstanding principal balance; or (2) the loan's discounted present value.
Limits future loan eligibility for certain prepaying borrowers.
Referred to Subcommittee on Rural Development, Electrification.
Senate Committee on Agriculture discharged by Unanimous Consent.
Senate Committee on Agriculture discharged by Unanimous Consent.
Measure laid before Senate by unanimous consent.
Amendment SP 3400 proposed by Senator Lautenberg for Senator Leahy.
Amendment SP 3400 agreed to in Senate by Voice Vote.
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Mr. de la Garza moved that the House suspend the rules and agree to the Senate amendment.
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.
DEBATE - The House proceeded with forty minutes of debate.
Motion to reconsider laid on the table Agreed to without objection.
Message on House action received in Senate.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 102-428.
Became Public Law No: 102-428.
Enacted as Public Law 102-428
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