S 1032
116th Congress
Senate
Taxation
Disaster relief and insurance
Electric power generation and transmission
Emergency planning and evacuation
Internet and video services
Internet, web applications, social media
Public utilities and utility rates
Rural conditions and development
Tax-exempt organizations
Telephone and wireless communication
Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act
Introduced: April 4, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2019
Read twice and referred to the Committee on Finance.
Apr 4, 2019
Introduced in Senate
Plain-English summary
Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act
This bill modifies the definition of income used to determine the tax-exempt status of a mutual or cooperative telephone or electric company to exclude certain government grants, contributions, and assistance.
Specifically, the bill excludes from income (1) grants, contributions, and assistance provided under the Robert T. Stafford Disaster Relief and Emergency Assistance Act or by local, state, or regional governmental entities for disasters or emergencies; and (2) certain grants or contributions provided by a government entity for electric, communications, broadband, internet, or other utility facilities or services.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1