Rural Electrification Act - Later Amendments

Later Amendments

Some amendments to the Rural Electrification Act include:

  • 1944 - loan terms increased to 35 years, the act is made permanent
  • 1949 - extended the act to allow loans to telephone companies wishing to extend their connections to unconnected rural areas
  • December 8, 1993 - "North American Free Trade Agreement Implementation Act" - The "Buy American" provision to now include Mexico and Canada.

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