Montana Ag Network: MT electric co-ops urging Congress to pass RURAL Act

Some members of Montana’s electric cooperatives are in Washington, D.C. to urge members of Congress to pass the Revitalizing Underdeveloped Rural Areas and Lands Act. The RURAL Act was written to fix an unintended consequence of the Tax Cuts and Jobs Act they say puts many rural electric cooperatives in financial jeopardy.

The legislation will ensure electric cooperatives won’t put their tax-exempt status in jeopardy when they accept government grants for things like expanding broadband or restoring power after storms and other disasters.