Clerk session vote number: 368
Description: RURAL ELECTRIFICATION ADMINISTRATION IMPROVEMENT ACT OF 1992
Bill summary: 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.
Bill titles: To amend the Rural Electrification Act of 1936 to improve the provision of electric and telephone service in rural areas, and for other purposes.; An act to amend the Rural Electrification Act of 1936 to improve the provision of electric and telephone service in rural areas, and for other purposes.
Links for more info on the vote: congress.gov