S.1439 - Rural Broadband Improvement Act of 2007

A bill to reauthorize the broadband loan and loan guarantee program under title VI of the Rural Electrification Act of 1936. view all titles (2)

All Bill Titles

  • Short: Rural Broadband Improvement Act of 2007 as introduced.
  • Official: A bill to reauthorize the broadband loan and loan guarantee program under title VI of the Rural Electrification Act of 1936. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/21/07
 
 
 
 
 
 
 

Official Summary

Rural Broadband Improvement Act of 2007 - Amends the Rural Electrification Act of 1936 to extend the rural broadband access loan and loan guarantee program. Revises the definition of \"eligible rural area.\" Establishes a non-duplification of terrestrial lines, facilities, or systems requir

Official Summary

Rural Broadband Improvement Act of 2007 - Amends the Rural Electrification Act of 1936 to extend the rural broadband access loan and loan guarantee program. Revises the definition of \"eligible rural area.\" Establishes a non-duplification of terrestrial lines, facilities, or systems requirement. Requires loan applications to be processed within 180 days. Eliminates the eligibility prohibition for entities that serve more than 2% of the telephone lines installed in the United States. Establishes a grant program for development of statewide initiatives to identify and track the availability and adoption of broadband services within eligible rural areas. Sets forth loan security and equity requirement provisions.

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