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Congressional Research Service
Version 00 · Introduced in Senate · Feb 24, 2000
Launching Our Communities' Access to Local Television Act of 2000 - Establishes the Local Television Loan Guarantee Board to approve or disapprove loan guarantees under this Act. Allows loan guarantees to be approved only to the extent provided for in advance in appropriations Acts.Requires such loans to be used to finance the means by which local television broadcast signals will be delivered to an unserved or underserved area, with a loan priority for unserved areas. Prohibits the Board from approving a loan which will serve one of the 40 most populated designated market areas.Limits: (1) each loan guarantee to 70 percent of the total cost of a project; and (2) the aggregate value of all loan guarantees to$1.25 billion.Requires the Administrator of the Rural Utilities Service to administer all loan guarantees approved under this Act. Requires loan applicants to enter into stipulated performance schedules with respect to the local television signals to be provided through the project.Outlines procedures governing loan application and credit requirements, default procedures, and recovery of payments for breach of conditions.Authorizes the Board to charge and collect a loan guarantee fee and use such fee to cover administrative costs.Requires an annual audit and report concerning the loan guarantee program.Prohibits any loan guarantee from being approved after December 31, 2006.Subjects all loan applicants to Federal copyright provisions relating to the required retransmission of local television stations.Authorizes appropriations for FY 2001 through 2006.
People & committees
Sen. Burns, Conrad R. [R-MT] · R–MT
Legislative record
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Held at the desk.
Received in the House.
Message on Senate action sent to the House.
Passed Senate with an amendment by Yea-Nay Vote. 97 - 0. Record Vote Number: 50.
Senate roll call 50 · Individual votesPassed/agreed to in Senate: Passed Senate with an amendment by Yea-Nay Vote. 97 - 0. Record Vote Number: 50.
Senate roll call 50 · Individual votesThe committee substitute as amended agreed to by Voice Vote.
Measure laid before Senate. (consideration: CR S1926-1941, S1946-1958, S1961-1968; text of measure as reported in Senate: CR S1927-1929)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 461.
Committee on Banking, Housing, and Urban Affairs. Reported to Senate by Senator Gramm under the authority of the order of 03/09/2000 with an amendment in the nature of a substitute. With written report No. 106-243. Additional views filed.
Committee on Banking, Housing, and Urban Affairs. Reported to Senate by Senator Gramm under the authority of the order of 03/09/2000 with an amendment in the nature of a substitute. With written report No. 106-243. Additional views filed.
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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