A bill entitled: "The Rural Telephone Bank Amendment Act of 1981".
Rural Telephone Bank Amendment Act of 1981 - Amends the Rural Electrification Act of 1936 to require the United States to purchase class A stock to fund the Rural Telephone Bank through 1991 until such stock equals $600,000,000.
Extends the deadline for such stock to be redeemed and retired by the telephone bank to as soon as practicable after September 30, 1995. Eliminates the minimum amount of class A and class B stock which must be issued before class A stock may be retired.
Other Measure S.884 (Amended) Passed House in Lieu.
Committee on Agriculture received executive comment from Agriculture Department. Unfavorable.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to Subcommittee on Conservation Credit and Rural Development.
Executive Comment Requested from USDA.
Subcommittee Hearings Held.
Forwarded by Subcommittee to Full Committee (Amended).
Unfavorable Executive Comment Received From USDA.
For Further Action See H.R.3603.
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