S. 950 (97th): A bill to amend the Rural Electrification Act of 1936 to remove provision for the special 2 percent interest rate for insured loans.


Apr 8, 1981
97th Congress, 1981–1982

Died in a previous Congress

This bill was introduced on April 8, 1981, in a previous session of Congress, but was not enacted.


Jesse Helms

Senator from North Carolina


About the bill

Summary (CRS)

4/8/1981--Introduced.Amends the Rural Electrification Act of 1936 to eliminate the special two percent interest rate for insured loans currently available to specified electric and telephone borrowers. Read more >

The bill’s title was written by its sponsor.


Apr 8, 1981

This is the first step in the legislative process.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 950”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 3387 (identical)

Referred to Committee
Last Action: May 1, 1981

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Primary Source

THOMAS.gov (The Library of Congress)

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