Posted by Eversheds Sutherland Coop Law
on Jun 6, 2013 in Financing
, Grid & Infrastructure
, Legislative & Politics
| Comments Off on House Subcommittee Rejects Administration’s RUS Limitations
A House subcommittee supports a bill providing $4 billion to the Rural Utilities Service (RUS) loan program but opposes limitations on that amount proposed by the Obama Administration. The Administration would allocate $3 billion for renewable-energy-related projects and the remaining $1 billion to environmental upgrade projects. The House subcommittee would provide more flexibility...