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S 1439 110th Congress Senate Science, Technology, Communications Broadband Economics and Public Finance Federally-guaranteed loans Finance and Financial Sector Government lending Grants-in-aid Housing and Community Development Internet

Rural Broadband Improvement Act of 2007

Introduced: May 21, 2007 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2007
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
May 21, 2007
Sponsor introductory remarks on measure. (CR S6951-6952)
May 21, 2007
Introduced in Senate
 Plain-English summary Congressional Research Service

Rural Broadband Improvement Act of 2007 - Amends the Rural Electrification Act of 1936 to extend the rural broadband access loan and loan guarantee program.

Revises the definition of "eligible rural area."

Establishes a non-duplification of terrestrial lines, facilities, or systems requirement.

Requires loan applications to be processed within 180 days.

Eliminates the eligibility prohibition for entities that serve more than 2% of the telephone lines installed in the United States.

Establishes a grant program for development of statewide initiatives to identify and track the availability and adoption of broadband services within eligible rural areas.

Sets forth loan security and equity requirement provisions.

What's happening now May 21, 2007

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2