H.R. 6341: To establish a loan program to promote energy conservation in rural areas.

111th Congress · introduced 2010-09-29 · Agriculture and Food · Latest: Referred to the Subcommittee on Rural Development, Biotechnology, Specialty Crops, and Foreign Agriculture.

federal

Follow this bill, step by step

Where it came from: introduced 2010-09-29 · official record
Who proposed it: Rep. Holden, Tim [D-PA-17] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Rural Development, Biotechnology, Specialty Crops, and Foreign Agriculture. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

To establish a loan program to promote energy conservation in rural areas.

Plain summary

Amends the Rural Electrification Act of 1936 to direct the Secretary of Agriculture to establish an initiative to promote energy efficiency by providing interest-free loans for purposes of making energy efficiency improvements and achieving energy conservation. Requires the Secretary to: (1) make interest-free loans to encourage eligible borrowers (entities that have received and cooperatives that are eligible to receive a loan or loan guarantee under such Act) to invest in and facilitate consumer energy efficiency improvements or to increase energy conservation; and (2) use fees collected from lenders who receive guarantees for bonds or notes issued for electrification or telephone purposes under such Act to provide such loans. Directs the Secretary to: (1) use only those fees that are collected for loans guaranteed after this Act's enactment; and (2) require the amount of the annual fee paid for the guarantee of a bond or note to be equal to 50 basis points of the amount of the unpaid principal of the bond or note guaranteed, with an additional loan origination fee equal to 50 such basis points to be paid at the time the guarantee is approved. Terminates such requirements on or after September 30, 2011. Directs the Secretary to approve $3 million in loan guarantees under this Act to qualified lenders for FY2010.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

To establish a loan program to promote energy conservation in rural areas.

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Holden, Tim [D-PA-17] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Ballot initiative: A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.
Bond: A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111hr6341.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/hr>

Record fed-us-cong111-hr6341 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111