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HR 2320 105th Congress House

To establish an education satellite loan guarantee program to facilitate the development of an integrated, national and global telecommunications system dedicated to instruction and used solely for…

Official title: To establish an education satellite loan guarantee program to facilitate the development of an integrated, national and global telecommunications system dedica… Show full official titleShow less

Official title: To establish an education satellite loan guarantee program to facilitate the development of an integrated, national and global telecommunications system dedicated to instruction and used solely for communications among Federal, State, and local instructional institutions and agencies and instructional resource providers.

Introduced: November 4, 1997 See on congress.gov
Science, Technology, Communications CollegesCommerceCommunication satellitesCommunity colleges
More subjectsShow fewer subjects
CorporationsDistance educationEconomics and Public FinanceEducationEducational technologyEducational televisionElementary and secondary educationFederally-guaranteed loansHigher educationLabor and EmploymentNonprofit organizationsSocial WelfareSpace activitiesTechnical educationVocational and technical education
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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
Aug 29, 1997
Referred to the Subcommittee on Early Childhood, Youth and Families.
Jul 31, 1997
Referred to the House Committee on Education and the Workforce.
Jul 31, 1997
Introduced in House
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 Latest action August 29, 1997

Referred to the Subcommittee on Early Childhood, Youth and Families.

 Plain-English summary Congressional Research Service

Authorizes the Secretary of Commerce to guarantee any lender against loss of principal or interest on a loan which is to be used solely to acquire and operate a communications satellite system dedicated to transmitting instructional programming (educational satellite loan guarantee program). Restricts such a loan to a non-Federal, nonprofit, public corporation: (1) whose sole purpose is to acquire and operate such a system; (2) whose governing board includes members representing elementary and secondary education, vocational and technical education, community and State colleges, and universities; and (3) whose charter is designed for affiliation with State and local instructional institutions and agencies and other distance learning and instructional resource providers.

Requires such a corporation, before a loan is guaranteed, to have: (1) investigated all practical means to acquire a communications satellite system; (2) reported its findings to the Secretary; and (3) recommended the most cost-effective, high-quality communications satellite system for the purposes of this Act.

Limits the amount of guaranteed loans to acquire such a system and to operate and manage it for up to three years.

Requires the lender to agree to assign to the United States, upon payment of such loan guarantee, its rights and interests in such communications satellite system or communications satellite system services.

Authorizes appropriations.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 2
FROST, MARTIN
· Nov 4, 1997
 D
McGovern, James P.
Massachusetts · Nov 4, 1997
 D
Thompson, Bennie G.
Mississippi · Nov 4, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2320: To establish an education satellite loan guarantee program to facilitate the development of an integrated, national and global telecommunications system dedicated to instruction and used solely for communications among Federal, State, and local instructional institutions and agencies and instructional resource providers.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-2320/
MLA
"H.R. 2320: To establish an education satellite loan guarantee program to facilitate the development of an integrated, national and global telecommunications system dedicated to instruction and used solely for communications among Federal, State, and local instructional institutions and agencies and instructional resource providers.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-2320/.
Bluebook (legal)
H.R. 2320, 105th Cong. (2026), https://openamerica.io/bill/105-HR-2320/.
Markdown link
[H.R. 2320: To establish an education satellite loan guarantee program to facilitate the development of an integrated, national and global telecommunications system dedicated to instruction and used solely for communications among Federal, State, and local instructional institutions and agencies and instructional resource providers.](https://openamerica.io/bill/105-HR-2320/)
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