110-H.R.2569

To codify certain changes proposed by the Department of Agriculture to the rules governing eligibility for the rural broadband access program, and for other purposes.

6/5/2007--Introduced.

Rural Broadband Deployment Act - Amends the Rural Electrification Act of 1936 with respect to rural broadband access loan or loan guarantee eligibility to: (1) not require a market survey for an applicant who is projecting less than 15% penetration of households in a service area; and (2) replace the credit support requirement, including the cash on hand requirement, with a minimum 20% of loan equity position (10% in specified situations of a single provider or limited broadband service participation area).

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