Skip to Main Content
Legislation Search

H.R. 7609: Rural Development Modernization Act

This bill, titled the Rural Development Modernization Act, aims to update and harmonize the population thresholds for various programs overseen by the Department of Agriculture which serve rural communities. Below is a summary of its key provisions:

Changing Population Thresholds

The bill proposes significant increases in the population thresholds for certain rural development programs as follows:

  • Broadband, telemedicine, and distance learning programs will increase the population threshold from 20,000 to 25,000 inhabitants.
  • Loans for telephone services will raise the threshold from 5,000 to 25,000 inhabitants.
  • Loans for water, wastewater, and essential community facilities will also see an increase to 25,000 inhabitants.
  • Emergency and imminent community water assistance grants will change from 10,000 to 25,000.
  • Changes for rural housing criteria will make similar adjustments, including raising thresholds for specific types of assistance.

Exclusions for Military and Incarcerated Populations

The bill seeks to eliminate the cap on excluding military base populations from the rural population counts and disregarding the populations of incarcerated individuals when determining if an area qualifies as rural. This means that more communities will be seen as rural for the purposes of accessing federal assistance.

Amendments for Water Supply and Infrastructure Projects

The bill also addresses definitions and eligibility for rural water supply projects, allowing for more projects to qualify under federal funding by streamlining the criteria.

Inclusion of U.S. Territories

In recognition of existing U.S. territories, the bill clarifies that various rural development programs apply to communities within these regions, expanding the availability of federal resources to these populations.

Annual Reassessment of Population Thresholds

To ensure the relevance and accuracy of rural determinations, the Secretary of Agriculture is required to conduct an annual reassessment of the population threshold used to define rural areas. This will take into consideration census data, regional classifications, and trends that may affect rural character.

Technical Amendments

The legislation includes various technical corrections and conforming amendments to ensure consistency across related laws, reflecting updates and changes made by the act.

Relevant Companies

  • TWC (Charter Communications) - As a major provider of broadband services, changes in federal programs could affect funding or priorities for expanding rural broadband access.
  • VZ (Verizon Communications) - Similar to Charter, Verizon may see changes in its rural service delivery and investment strategies due to modified population thresholds affecting subsidy eligibility.

This is an AI-generated summary of the bill text. There may be mistakes.

Show More

Sponsors

4 bill sponsors

Actions

2 actions

Date Action
Feb. 20, 2026 Introduced in House
Feb. 20, 2026 Referred to the Committee on Agriculture, and in addition to the Committees on Energy and Commerce, Natural Resources, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN|
Sale $1,001 - $15,000
Feb 06, 2026 Jan 29, 2026 +26.19%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Purchase $1,001 - $15,000
Feb 06, 2026 Jan 23, 2026 +26.42%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Purchase $1,001 - $15,000
Feb 06, 2026 Jan 13, 2026 +28.73%
Congress pfp
Julie Johnson D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jan 15, 2026 Dec 18, 2025 +21.75%
Congress pfp
Gary C. Peters D / Senate
VZ logo
VZ Verizon Communications Inc
Purchase $1,001 - $15,000
Jan 07, 2026 Dec 12, 2025 +21.09%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $15,001 - $50,000
Dec 19, 2025 Dec 10, 2025 +24.89%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $100,001 - $250,000
Dec 02, 2025 Nov 19, 2025 +17.27%
Congress pfp
Julie Johnson D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Dec 11, 2025 Nov 13, 2025 +18.98%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Purchase $1,001 - $15,000
Dec 08, 2025 Nov 10, 2025 +24.20%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $15,001 - $50,000
Dec 02, 2025 Nov 05, 2025 +24.12%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Sale $1,001 - $15,000
Dec 08, 2025 Nov 03, 2025 +25.70%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $15,001 - $50,000
Nov 12, 2025 Oct 31, 2025 +24.64%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC
Purchase $1,001 - $15,000
Nov 06, 2025 Oct 30, 2025 +26.86%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC
Purchase $1,001 - $15,000
Nov 06, 2025 Oct 30, 2025 +26.86%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $15,001 - $50,000
Nov 12, 2025 Oct 10, 2025 +19.84%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Sale $1,001 - $15,000
Nov 06, 2025 Oct 07, 2025 +17.67%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $50,001 - $100,000
Nov 12, 2025 Oct 07, 2025 +17.67%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Purchase $1,001 - $15,000
Oct 03, 2025 Sep 05, 2025 +6.09%
Congress pfp
Sheldon Whitehouse D / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Full) $1,001 - $15,000
Oct 03, 2025 Sep 04, 2025 +6.89%
Congress pfp
Kelly Morrison D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Sep 11, 2025 Aug 19, 2025 +3.45%
Congress pfp
Julie Johnson D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Sep 11, 2025 Aug 14, 2025 +7.98%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Purchase $1,001 - $15,000
Sep 09, 2025 Aug 04, 2025 +7.11%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. CMN
Purchase $1,001 - $15,000
Sep 09, 2025 Aug 04, 2025 +7.11%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $15,001 - $50,000
Sep 03, 2025 Aug 01, 2025 +5.65%
Congress pfp
Tim Moore R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $15,001 - $50,000
Aug 05, 2025 Jul 29, 2025 +8.47%
Congress pfp
Ritchie Torres D / House
VZ logo
VZ C�������: THIS INVESTMENT IS HELD WITHIN A PUBLICLY AVAILABLE, WIDELY HELD INDEPENDENTLY MANAGED PORTFOLIO OVER WHICH I HAVE NO AUTHORITY TO EXERCISE CONTROL OVER OR INFLUENCE THE FINANCIAL INTERESTS HELD BY THE PORTFOLIO. THE ASSETS OF THE PORTFOLIO ARE WIDELY DIVERSIFIED, AND ALL INVESTMENT DECISIONS ARE MADE SOLELY BY THE INDEPENDENT MANAGER, WITHOUT MY INPUT OR DIRECTION. VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Aug 20, 2025 Jul 11, 2025 +9.51%
Congress pfp
Lisa C. McClain R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Aug 13, 2025 Jul 10, 2025 +8.74%
Congress pfp
Lisa C. McClain R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $1,001 - $15,000
Aug 13, 2025 Jun 24, 2025 +3.95%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC
Sale $1,001 - $15,000
Jul 09, 2025 Jun 20, 2025 +4.14%
Congress pfp
Ro Khanna D / House
VZ logo
VZ "VERIZON COMMUNICATIONS INC
Sale $1,001 - $15,000
Jul 09, 2025 Jun 20, 2025 +4.14%
Congress pfp
Jefferson Shreve R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $15,001 - $50,000
Jun 22, 2025 May 12, 2025 -2.01%
Congress pfp
Dan Newhouse R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
May 16, 2025 Apr 11, 2025 -14.86%
Congress pfp
Robert Bresnahan R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Purchase $15,001 - $50,000
May 08, 2025 Apr 08, 2025 -20.18%
Congress pfp
Julie Johnson D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
May 14, 2025 Apr 01, 2025 -12.70%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Purchase $1,001 - $15,000
Apr 10, 2025 Mar 06, 2025 -7.31%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Sale $1,001 - $15,000
Mar 06, 2025 Feb 19, 2025 +6.53%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Purchase $15,001 - $50,000
Feb 06, 2025 Jan 22, 2025 +14.63%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Purchase $1,001 - $15,000
Feb 06, 2025 Jan 17, 2025 +13.51%
Congress pfp
Julie Johnson D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Feb 12, 2025 Jan 15, 2025 +14.60%
Congress pfp
Emily Randall D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Feb 11, 2025 Jan 06, 2025 +10.42%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Sale $15,001 - $50,000
Dec 05, 2024 Nov 15, 2024 +2.31%
Congress pfp
Sheldon Whitehouse D / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Partial) $1,001 - $15,000
Nov 07, 2024 Oct 29, 2024 +2.42%
Congress pfp
Sheldon Whitehouse D / Senate
VZ logo
VZ Verizon Communications Inc
Sale (Partial) $1,001 - $15,000
Nov 07, 2024 Oct 29, 2024 +2.42%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Purchase $15,001 - $50,000
Nov 08, 2024 Oct 14, 2024 -2.27%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Sale $1,001 - $15,000
Nov 08, 2024 Oct 11, 2024 -2.72%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Sale $1,001 - $15,000
Sep 06, 2024 Aug 02, 2024 -7.35%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Sale $1,001 - $15,000
Sep 06, 2024 Aug 02, 2024 -7.35%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jul 09, 2024 Jun 25, 2024 -4.44%
Congress pfp
Josh Gottheimer D / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jul 09, 2024 Jun 21, 2024 -2.09%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Sale $1,001 - $15,000
Jun 05, 2024 May 29, 2024 -3.19%
Congress pfp
Ro Khanna D / House
VZ logo
VZ VERIZON COMMUNICATIONS, INC. CMN
Purchase $1,001 - $15,000
May 06, 2024 Apr 26, 2024 -9.66%
Congress pfp
Mike Kelly R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Jun 14, 2024 Apr 12, 2024 -9.11%
Congress pfp
John James R / House
VZ logo
VZ VERIZON COMMUNICATIONS INC. COMMON STOCK
Sale $1,001 - $15,000
Sep 02, 2024 Mar 26, 2024 -10.59%
Congress pfp
Angus S. King Jr. I / Senate
VZ logo
VZ Verizon Communications Inc
Purchase $1,001 - $15,000
Apr 17, 2024 Mar 07, 2024 -7.45%