Tax and Financing
RUS Electric Loan Program
NRECA Seeks Federal Relief for Co-ops as Members Struggle to Pay Bills
Co-ops need loans and consumers need broadband access during the pandemic, NRECA told Congress.
Tax and Financing
Congress Approves Defense Bill That Includes New Grants for Co-ops
Final bill doesn’t include provisions for co-ops to more easily begin carbon-capture programs.
Tax and Financing
House Passes Legislation to Modify Tax Policy, Pension Premiums for Electric Co-ops
Several provisions to modify tax policy and protect electric rates for the nation’s electric coo
Tax Reform
Congress Passes RURAL Act, Preserves Co-ops’ Tax-Exempt Status
RURAL Act is retroactive to 2018 tax year, protecting co-ops that have already accepted grants.
Tax and Financing
Congress Saves Co-ops Millions in Pension Costs, Repeals ‘Cadillac Tax’
Over 880 co-ops participate in the NRECA retirement plan, which covers more than 56,000 employees.
Tax Reform
Co-op Voices, Part 2: How Losing Tax-Exempt Status Would Hurt Rural America
If co-ops lose their tax-exempt status, leaders say they may be forced to raise rates for members.
RUS Electric Loan Program
Co-ops Receive $1.4 Billion in USDA Loans for Electricity Improvements
In latest round of USDA electric loans, 27 co-ops in 21 states receive funds.
Tax Reform
Q&A: Senate’s Lead RURAL Act Sponsors Discuss Their Strategy for Passage
More than a third of the U.S. Senate has now signed on to co-sponsor the RURAL Act.
RUS Electric Loan Program
USDA Awards $249 Million to Co-ops to Improve Electric Systems
The money will help co-ops build or improve power lines and finance smart grid technologies.