Passage of New Farm Bill to Help Coops
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. To read more about this story, click here.