PlainBillCongress, translated.Legislation. Context. Public interest.Congressional Research Service
Version 00 · Introduced in Senate · Jun 25, 1993
Rural Electrification Loan Restructuring Act of 1993 - Amends the Rural Electrification Act of 1936 to prescribe guidelines under which the Rural Electrification Administrator (the Administrator) shall make insured electric and telephone loans (including hardship, municipal rate, and cost of money loans). Directs the Administrator to approve State telecommunications modernization plans if they meet specified requirements. Prescribes guidelines for loans made by the Governor of a telephone bank in the rural telephone bank loan program. Authorizes appropriations for: (1) electric hardship loans; (2) electric municipal rate loans; (3) telephone hardship loans; and (4) telephone cost-of-money loans. Expands the size of a "rural area" for such purposes. Prohibits the Administrator and the Governor of the telephone bank from imposing any charges not expressly provided for in this Act in connection with any loan or guarantee made under it. Specifies circumstances under which the Administrator may use consultants funded by the borrower. Prescribes guidelines for: (1) distribution borrower eligibility for loans, loan guarantees, and lien accommodations; and (2) administrative prohibitions applicable to electric borrowers. Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to certain borrowers to whom a loan has been made under the Rural Electrification Act of 1936 for water and waste disposal facilities serving certain rural residents. States that a borrower of a loan or loan guarantee under the Rural Electrification Act of 1936 is eligible for assistance under all programs administered by the Rural Development Administration.
People & committees
Sen. Leahy, Patrick J. [D-VT] · D–VT
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Held at the desk.
Message on Senate action sent to the House.
Received in the House.
Passed Senate without amendment by Voice Vote. (consideration: CR 6/24/93 S8075-8077)
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.(consideration: CR 6/24/93 S8075-8077)
Committee on Agriculture. Original measure reported to Senate by Senator Leahy. Without written report.
Committee on Agriculture. Original measure reported to Senate by Senator Leahy. Without written report.
Introduced in Senate
Primary sources
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Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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