S 2097 in Congressional Session 106

Official Summary

 

Bill Number : S 2097

 

Title : A bill to authorize loan guarantees in order to facilitate access to local television broadcast signals in unserved and underserved areas, and for other purposes.

 

SUMMARY AS OF:
3/30/2000--Passed Senate amended.    (There are 2 other summaries) Launching Our Communities' Access to Local Television Act of 2000 - Establishes the Local Television Loan Guarantee Board to approve or disapprove loan guarantees under this Act. Allows loan guarantees to be approved only to the extent provided for in advance in appropriations Acts. Authorizes the Board to delegate to the Administrator of the Rural Utilities Service the authority to approve loan guarantees of up to $20 million.Requires such loans to be used to finance the means by which local television (TV) broadcast signals, including high- speed Internet access and National Weather Service (NWS) warnings, will be delivered to an unserved or underserved area, with a loan priority for unserved areas. States that the Board should give additional consideration to projects which also provide related signals, such as Internet access and NWS warnings. Prohibits the Board from approving a loan which will serve one of the 40 most populated designated market areas.Limits such loans to 80 percent of the total cost of a project, with a total loan aggregate value limit of $1.25 billion.Requires the Administrator to administer all loan guarantees approved under this Act. Requires loan applicants to enter into stipulated performance schedules with respect to the local TV signals to be provided through the project.Outlines procedures governing loan application and credit requirements, default procedures, and recovery of payments for breach of conditions.Authorizes the Board to charge and collect a loan guarantee fee and use such fee to cover administrative costs.Requires an annual audit and report concerning the loan guarantee program.Prohibits any loan guarantee from being approved after December 31, 2006.Authorizes appropriations for FY 2001 through 2006.

Votes

Title : A bill to authorize loan guarantees in order to facilitate access to local television broadcast signals in unserved and underserved areas, and for other purposes.
Votes in the US Senate
Roll NumberVote DateQuestionDescriptionVote Result
502000-03-30On Passage of the BillS. 2097 As Amended; Launching Our Communities' Access to Local Television Act of 2000Passed
492000-03-30On the Amendment S.Amdt. 2903Johnson Amendment No. 2903; To address certain lending practices.Agreed to
Votes in the US House
This Bill was not Voted in the US House

Sponsors

 
Congressional Sponsors of S 2097
 
Bill Number : S 2097
Title : A bill to authorize loan guarantees in order to facilitate access to local television broadcast signals in unserved and underserved areas, and for other purposes.
Sponsor: Sen Burns, Conrad R. [MT] (introduced 2/24/2000)      
ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

    Sen Allard, Wayne [CO] - 2/24/2000

    Sen Baucus, Max [MT] - 3/30/2000

    Sen Bunning, Jim [KY] - 2/24/2000

    Sen Cochran, Thad [MS] - 3/9/2000

    Sen Collins, Susan M. [ME] - 2/24/2000

    Sen Crapo, Mike [ID] - 2/24/2000

    Sen Enzi, Michael B. [WY] - 3/1/2000

    Sen Gramm, Phil [TX] - 2/24/2000

    Sen Grassley, Chuck [IA] - 2/24/2000

    Sen Hagel, Chuck [NE] - 3/6/2000

    Sen Hatch, Orrin G. [UT] - 3/30/2000

    Sen Hutchinson, Tim [AR] - 2/24/2000

    Sen Johnson, Tim [SD] - 3/30/2000

    Sen Leahy, Patrick J. [VT] - 3/30/2000

    Sen Lott, Trent [MS] - 2/24/2000

    Sen Lugar, Richard G. [IN] - 3/7/2000

    Sen Robb, Charles S. [VA] - 3/30/2000

    Sen Snowe, Olympia J. [ME] - 2/24/2000

    Sen Stevens, Ted [AK] - 2/24/2000

    Sen Thomas, Craig [WY] - 3/2/2000

Other Info

Bill Number : S 2097
Title : A bill to authorize loan guarantees in order to facilitate access to local television broadcast signals in unserved and underserved areas, and for other purposes.
 
 
ALL ACTIONS:
 
2/24/2000:Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
 
3/8/2000:Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
 
3/15/2000:Committee on Banking, Housing, and Urban Affairs. Reported to Senate by Senator Gramm under the authority of the order of 03/09/2000 with an amendment in the nature of a substitute. With written report No. 106-243. Additional views filed.
 
3/15/2000:Placed on Senate Legislative Calendar under General Orders. Calendar No. 461.
 
3/30/2000:Measure laid before Senate. (consideration: CR S1926-1941, S1946-1958, S1961-1968; text of measure as reported in Senate: CR S1927-1929)
 
3/30/2000:The committee substitute as amended agreed to by Voice Vote.
 
3/30/2000:Passed Senate with an amendment by Yea-Nay Vote. 97 - 0. Record Vote Number: 50.
 
4/3/2000:Message on Senate action sent to the House.
 
4/3/2000 12:30pm:Received in the House.
 
4/3/2000 2:09pm:Held at the desk.