Amends the Rural Electrification Act of 1936 to direct the Administrator of the Rural Electrification Administration (REA), guided by private lending practices, to issue regulations for specified borrowers that minimize administrative requirements and restrictions.
Provides for REA subordination or sharing of related liens.
Ordered to be Reported.
Reported by the Committee on Agriculture. H. Rept. 103-381.
Reported by the Committee on Agriculture. H. Rept. 103-381.
Placed on the Union Calendar, Calendar No. 209.
Considered by unanimous consent. (consideration: CR H10258-10259)
Mr. de la Garza asked unanimous consent to discharge the Committee of the Whole House on the state of the Union and consider.
Passed/agreed to in House: On passage Passed without objection.
On passage Passed without objection.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.(consideration: CR S16983)
Passed Senate without amendment by Voice Vote. (consideration: CR S16983)
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 103-201.
Became Public Law No: 103-201.
Favorable Executive Comment Received from USDA.
Enacted as Public Law 103-201
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