Summary: H.R.5494 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.5494. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/25/1992)

Rural Electrification Administration Management Improvement Act of 1992 - Amends the Rural Electrification Act of 1936 to repeal the borrower authority to determine the term of telephone loans.

Directs the Administrator of the Rural Electrification Administration and the Governor of the Rural Telephone Bank to issue regulations regarding borrower use of excess funds.

Revises provisions regarding: (1) direct or insured loan prepayment provisions; and (2) retirement of class A stock.