H.R. 2569 · 110th Congress
Rural Broadband Deployment Act
- Stage
- In committee
- Sponsor
- Sam Graves
- Introduced
- 2007-06-05
- Latest action
- 2007-06-26 · Referred to the Subcommittee on Conservation, Credit, Energy, and Research.
Summary
Rural Broadband Deployment Act - Amends the Rural Electrification Act of 1936 with respect to rural broadband access loan or loan guarantee eligibility to: (1) not require a market survey for an applicant who is projecting less than 15% penetration of households in a service area; and (2) replace the credit support requirement, including the cash on hand requirement, with a minimum 20% of loan equity position (10% in specified situations of a single provider or limited broadband service participation area).