RURAL Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 9, 2019)
Revitalizing Underdeveloped Rural Areas and Lands Act of 2019 or the RURAL Act of 2019
This bill modifies the definition of income used to determine the tax-exempt status of a mutual or cooperative telephone or electric company to exclude certain government grants, contributions, and assistance.
Specifically, the bill excludes from income (1) grants, contributions, and assistance provided under the Robert T. Stafford Disaster Relief and Emergency Assistance Act or by local, state, or regional governmental entities for disasters or emergencies; and (2) certain grants or contributions provided by a government entity for electric, communications, broadband, internet, or other utility facilities or services.
What just happenedApr 9, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseApr 9, 2019
- Apr 9, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 9, 2019IntroReferralIntro-H
Introduced in House
- Apr 9, 2019IntroReferral1000
Introduced in House