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S 912 100th Congress Senate Agriculture and Food Agricultural credit Agricultural economics Agriculture and Rural Affairs Electric power Energy Government lending Rural affairs legislation Rural electrification

A bill to amend the Rural Electrification Act of 1936 to permit the prepayment of Federal financing bank loans made to rural electrification and telephone systems, and for other purposes.

Introduced: April 3, 1987 See on congress.gov
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 1987
Referred to Subcommittee on Rural Development, Electrification.
Apr 3, 1987
Read twice and referred to the Committee on Agriculture.
Apr 3, 1987
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Rural Electrification Act of 1936 to permit Rural Electrification Administration borrowers to prepay Federal Financing Bank loans without penalties if: (1) private capital is used to replace such loans; and (2) any savings will be used to avoid future rate increases, passed on to customers, or used to improve the borrower's financial strength.

What's happening now April 16, 1987

Referred to Subcommittee on Rural Development, Electrification.

 Related & companion bills 1
  • S 681 Identical bill A bill to amend the Rural Electrification Act of 1936 to permit the prepayment of Federal financing bank loans made to …
 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Apr 3, 1987
Cite this page click to expand
APA
U.S. Congress. (2026). S. 912: A bill to amend the Rural Electrification Act of 1936 to permit the prepayment of Federal financing bank loans made to rural electrification and telephone systems, and for other purposes.. 100th Congress. Open America. https://openamerica.io/bill/100-S-912/
MLA
"S. 912: A bill to amend the Rural Electrification Act of 1936 to permit the prepayment of Federal financing bank loans made to rural electrification and telephone systems, and for other purposes.." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-S-912/.
Bluebook (legal)
S. 912, 100th Cong. (2026), https://openamerica.io/bill/100-S-912/.
Markdown link
[S. 912: A bill to amend the Rural Electrification Act of 1936 to permit the prepayment of Federal financing bank loans made to rural electrification and telephone systems, and for other purposes.](https://openamerica.io/bill/100-S-912/)
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