Senate
Apr 4, 2019Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act
Summary
Official
Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act 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...
Bill Progress
Bill has been introduced and assigned a number
Introduced(4/4/19)
Committee
Passed
House
Passed
Senate
President
Law
Cosponsors (40)
Latest Action
Read twice and referred to the Committee on Finance.
Apr 4, 2019