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Search Results: keywords:"business plan"

  • H.R. 10511, titled the “Expanding Financial Access for Underserved Communities Act,” aims to amend the Federal Credit Union Act to help credit unions serve underserved areas. The bill allows federal credit unions to change their membership to include people from underserved...

    Simple Explanation

    H.R. 10511 is a plan to help credit unions, which are like banks, include people who live in places that many banks don’t serve. It means these credit unions might have to do extra work and spend more money to show they can help these communities.

  • The Rural Broadband Protection Act of 2024 requires the Federal Communications Commission (FCC) to create a vetting process for those applying for high-cost universal service program funding to expand broadband networks. This process will ensure that applicants have the...

    Simple Explanation

    The Rural Broadband Protection Act of 2024 is like a set of rules for making sure only those who can really build internet services in faraway places are allowed to get money from the government. It checks if they have a good plan and resources to do it, and if they don't play by the rules, they can get in trouble and have to pay money.