Rural Electrification Act

The Rural Electrification Act of 1936, enacted on May 20, 1936, provided federal loans for the installation of electrical distribution systems to serve isolated rural areas of the United States.

Rural Electrification Act
Other short titlesRural Electrification and Telephone Service Act of 1936
Long titleAn Act to provide for rural electrification, and for other purposes.
NicknamesRural Electrification Act of 1936
Enacted bythe 74th United States Congress
EffectiveMay 20, 1936
Citations
Public lawPub. L.Tooltip Public Law (United States) 74–605
Statutes at Large49 Stat. 1363
Codification
Titles amended7 U.S.C.: Agriculture
U.S.C. sections created7 U.S.C. ch. 31 § 901 et seq.
Legislative history

The funding was channeled through cooperative electric power companies, hundreds of which still exist today. These member-owned cooperatives purchased power on a wholesale basis and distributed it using their own network of transmission and distribution lines. The Rural Electrification Act was one of many New Deal proposals by President Franklin D. Roosevelt to remedy high unemployment during the Great Depression.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.