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House passes FY05 Broadband Loan Bill

The Broadband Loan Bill was passed by the U.S. House of Representatives (H.R. 4766), which funds agriculture and rural programs including telecommunications loan and grand programs. The House okayed funding of $695 million for telecommunications loans, $473 million for broadband loans, and $75 million for distance learning and telemedicine. The bill now moves to the Senate for deliberation.

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