• Passage of New Farm Bill to Help Coops
  • March 4, 2014
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • Congress has recently approved the Agricultural Act of 2014 (Farm Bill), which President Obama is expected to sign into law. The $956 billion legislation is being hailed by electric cooperatives as a step forward for rural America. The Farm Bill includes several key beneficial items for rural electric cooperatives, including authorization of $75 million towards the Rural Energy Savings Program and the possibility that the Rural Utilities Service lend for baseload projects for the first time since 2005.