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          <title>WashingtonWatch.com - Revisions for H.R. 2953, The Rural Broadband Access Enhancement Act</title>
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<title>Revision by webmaster (April 29, 2008, 19:46:21)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2953.html?rev=22939</link>
<description>&lt;p&gt;H.R. 2953 would amend the Rural Electrification Act of 1936 to improve the application process for the rural broadband program of the Department of Agriculture.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Rural Broadband Access Enhancement Act - Amends the Rural Electrification Act of 1936 to redefine &amp;amp;quot;eligible rural community.&amp;amp;quot;&lt;/p&gt;

&lt;p&gt;Permits a loan or loan guarantee applicant in an area where 40% of the residents are without broadband access to qualify with a 10% loan equity position.&lt;/p&gt;

&lt;p&gt;Provides for: (1) paperwork reduction; and (2) program outreach to underserved areas.&lt;/p&gt;

&lt;p&gt;Prohibits loan or loan guarantees for new broadband service in communities with three or more service providers.&lt;/p&gt;

&lt;p&gt;Provides that for each fiscal year: (1) not more than 10% of program funds shall be available to providers with more than 10% of national subscriber lines; and (2) 40% of program funds shall be available to providers with between 2%-10% of national subscriber lines.&lt;/p&gt;

&lt;p&gt;Revises the amortization period from the life of the asset to 35 years.&lt;/p&gt;

&lt;p&gt;Requires an annual broadband program report to Congress.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 4/25/2008: House committee/subcommittee actions. Status: Executive Comment Requested from USDA.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">22939@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 29 Apr 2008 18:46:21 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 26, 2007, 18:24:49)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2953.html?rev=5736</link>
<description>&lt;p&gt;H.R. 2953 would amend the Rural Electrification Act of 1936 to improve the application process for the rural broadband program of the Department of Agriculture.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Rural Broadband Access Enhancement Act - Amends the Rural Electrification Act of 1936 to redefine &amp;amp;quot;eligible rural community.&amp;amp;quot;&lt;/p&gt;

&lt;p&gt;Permits a loan or loan guarantee applicant in an area where 40% of the residents are without broadband access to qualify with a 10% loan equity position.&lt;/p&gt;

&lt;p&gt;Provides for: (1) paperwork reduction; and (2) program outreach to underserved areas.&lt;/p&gt;

&lt;p&gt;Prohibits loan or loan guarantees for new broadband service in communities with three or more service providers.&lt;/p&gt;

&lt;p&gt;Provides that for each fiscal year: (1) not more than 10% of program funds shall be available to providers with more than 10% of national subscriber lines; and (2) 40% of program funds shall be available to providers with between 2%-10% of national subscriber lines.&lt;/p&gt;

&lt;p&gt;Revises the amortization period from the life of the asset to 35 years.&lt;/p&gt;

&lt;p&gt;Requires an annual broadband program report to Congress.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 7/10/2007: Referred to House committee. Status: Referred to the Committee on Agriculture, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">5736@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 26 Jul 2007 17:24:49 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 11, 2007, 18:19:04)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2953.html?rev=4009</link>
<description>&lt;p&gt;H.R. 2953 would amend the Rural Electrification Act of 1936 to improve the application process for the rural broadband program of the Department of Agriculture.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">4009@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 11 Jul 2007 17:19:04 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 11, 2007, 18:19:04)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2953.html?rev=4010</link>
<description>&lt;p&gt;H.R. 2953 would amend the Rural Electrification Act of 1936 to improve the application process for the rural broadband program of the Department of Agriculture.&lt;/p&gt;


&lt;h2 id=&quot;toc12&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc13&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 7/10/2007: Referred to House committee. Status: Referred to the Committee on Agriculture, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc14&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc15&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">4010@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 11 Jul 2007 17:19:04 EDT</pubDate>
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