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33 U.S.C. § 1293 — Loan guarantees

Federal law — U.S. Code and appendices · legal_authorities

33 U.S.C. § 1293 — Loan guarantees

**(a) State or local obligations issued exclusively to Federal Financing Bank for publicly owned treatment works; determination of eligibility of project by Administrator** Subject to the conditions of this section and to such terms and conditions as the Administrator determines to be necessary to carry out the purposes of this subchapter, the Administrator is authorized to guarantee, and to make commitments to guarantee, the principal and interest (including interest accruing between the date of default and the date of the payment in full of the guarantee) of any loan, obligation, or participation therein of any State, municipality, or intermunicipal or interstate agency issued directly and exclusively to the Federal Financing Bank to finance that part of the cost of any grant-eligible project for the construction of publicly owned treatment works not paid for with Federal financial assistance under this subchapter (other than this section), which project the Administrator has determined to be eligible for such financial assistance under this subchapter, including, but not limited to, proj­ects eligible for reimbursement under [section 1286 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title33-section1286&num=0&edition=prelim). **(b) Conditions for issuance** No guarantee, or commitment to make a guarantee, may be made pursuant to this section— (1) unless the Administrator certifies that the issuing body is unable to obtain on reasonable terms sufficient credit to finance its actual needs without such guarantee; and (2) unless the Administrator determines that there is a reasonable assurance of repayment of the loan, obligation, or participation therein. A determination of whether financing is available at reasonable rates shall be made

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Stable record: federal_law:legal_authorities:record_usc_3e8256d25ae253535501ffa5
Source file: Laws/federal/codes/united-states-code/title-33/section-1293-loan-guarantees--486017e9c6.md
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Passage SHA-256: c650098c318dfba8840eeba08e3f715778acb768c24a35cb6bde5b72f5d8e5a8

Source location: Title 33, Chapter 26, § 1293; chapter-026-water-pollution-prevention-and-control.md

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**(a) State or local obligations issued exclusively to Federal Financing Bank for publicly owned treatment works; determination of eligibility of project by Administrator** Subject to the conditions of this section and to such terms and conditions as the Administrator determines to be necessary to carry out the purposes of this subchapter, the Administrator is authorized to guarantee, and to make commitments to guarantee, the principal and interest (including interest accruing between the date of default and the date of the payment in full of the guarantee) of any loan, obligation, or participation therein of any State, municipality, or intermunicipal or interstate agency issued directly and exclusively to the Federal Financing Bank to finance that part of the cost of any grant-eligible project for the construction of publicly owned treatment works not paid for with Federal financial assistance under this subchapter (other than this section), which project the Administrator has determined to be eligible for such financial assistance under this subchapter, including, but not limited to, proj­ects eligible for reimbursement under [section 1286 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title33-section1286&num=0&edition=prelim). **(b) Conditions for issuance** No guarantee, or commitment to make a guarantee, may be made pursuant to this section— (1) unless the Administrator certifies that the issuing body is unable to obtain on reasonable terms sufficient credit to finance its actual needs without such guarantee; and (2) unless the Administrator determines that there is a reasonable assurance of repayment of the loan, obligation, or participation therein. A determination of whether financing is available at reasonable rates shall be made by the Secretary of the Treasury with relationship to the current average yield on outstanding marketable obligations of municipalities of comparable maturity. **(c) Fees for application investigation and issuance of commitment guarantee** The Administrator is authorized to charge reasonable fees for the investigation of an application for a guarantee and for the issuance of a commitment to make a guarantee. **(d) Commitment for repayment** The Administrator, in determining whether there is a reasonable assurance of repayment, may require a commitment which would apply to such repayment. Such commitment may include, but not be limited to, any funds received by such grantee from the amounts appropriated under [section 1286 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title33-section1286&num=0&edition=prelim).

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Federal law — U.S. Code and appendices · legal_authorities

33 U.S.C. § 1286 — Reimbursement and advanced construction

**(a) Publicly owned treatment works construction initiated after June 30, 1966, but before July 1, 1973; reimbursement formula** Any publicly owned treatment works in a State on which construction was initiated after June 30, 1966, but before July 1, 1973, which was approved by the appropriate State water pollution control agency and which the Administrator finds meets the requirements of [section 1158 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title33-section1158&num=0&edition=prelim) in effect at the time of the initiation of construction shall be reimbursed a total amount equal to the difference between the amount of Federal financial assistance, if any, received under such [section 1158 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title33-section1158&num=0&edition=prelim) for such project and 50 per centum of the cost of such project, or 55 per centum of the project cost where the Administrator also determines that such treatment works was constructed in conformity with a comprehensive metropolitan treatment plan as described in [section 1158(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title33-section1158/f&num=0&edition=prelim) as in effect immediately prior to October 18, 1972. Nothing in this subsection shall result in any such works receiving Federal grants from all sources in excess of 80 per centum of the cost of such project. **(b) Publicly owned treatment works construction initiated between June 30, 1956, and June 30, 1966; reimbursement formula** Any publicly owned treatment works constructed with or eligible for Federal financial assistance under this Act in a State between June 30, 1956, and June 30, 1966, which was approved by the State water pollution c

Source: Supplied U.S. Code snapshot — release unconfirmed · 33 U.S.C. § 1286

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Federal law — U.S. Code and appendices · legal_authorities

33 U.S.C. § 1281 — Congressional declaration of purpose

**(a) Development and implementation of waste treatment management plans and practices** It is the purpose of this subchapter to require and to assist the development and implementation of waste treatment management plans and practices which will achieve the goals of this chapter. **(b) Application of technology: confined disposal of pollutants; consideration of advanced techniques** Waste treatment management plans and practices shall provide for the application of the best practicable waste treatment technology before any discharge into receiving waters, including reclaiming and recycling of water, and confined disposal of pollutants so they will not migrate to cause water or other environmental pollution and shall provide for consideration of advanced waste treatment techniques. **(c) Waste treatment management area and scope** To the extent practicable, waste treatment management shall be on an areawide basis and provide control or treatment of all point and nonpoint sources of pollution, including in place or accumulated pollution sources. **(d) Waste treatment management construction of revenue producing facilities** The Administrator shall encourage waste treatment management which results in the construction of revenue producing facilities providing for— (1) the recycling of potential sewage pollutants through the production of agriculture, silviculture, or aquaculture products, or any combination thereof; (2) the confined and contained disposal of pollutants not recycled; (3) the reclamation of wastewater; and (4) the ultimate disposal of sludge in a manner that will not result in environmental hazards. **(e) Waste treatment management integration of facilities** The Administrator shall encourage waste treatment management which results in integrating f

Source: Supplied U.S. Code snapshot — release unconfirmed · 33 U.S.C. § 1281

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Federal law — U.S. Code and appendices · legal_authorities

33 U.S.C. § 1293 — Loan guarantees

Page 438 TITLE 33—NAVIGATION AND NAVIGABLE WATERS § 1293 sewage or industrial wastes of a liquid nature to implement section 1281 of this title, or necessary to recycle or reuse water at the most economi- cal cost over the estimated life of the works, in- cluding intercepting sewers, outfall sewers, sew- age collection systems, pumping, power, and other equipment, and their appurtenances; ex- tensions, improvements, remodeling, additions, and alterations thereof; elements essential to provide a reliable recycled supply such as stand- by treatment units and clear well facilities; and acquisition of the land that will be an integral part of the treatment process (including land used for the storage of treated wastewater in land treatment systems prior to land applica- tion) or will be used for ultimate disposal of res- idues resulting from such treatment and acqui- sition of other land, and interests in land, that are necessary for construction. (B) In addition to the definition contained in subparagraph (A) of this paragraph, ‘‘treatment works’’ means any other method or system for preventing, abating, reducing, storing, treating, separating, or disposing of municipal waste, in- cluding storm water runoff, or industrial waste, including waste in combined storm water and sanitary sewer systems. Any application for construction grants which includes wholly or in part such methods or systems shall, in accord- ance with guidelines published by the Adminis- trator pursuant to subparagraph (C) of this para- graph, contain adequate data and analysis dem- onstrating such proposal to be, over the life of such works, the most cost efficient alternative to comply with sections 1311 or 1312 of this title, or the requirements of section 1281 of this title. (C)

Source: Supplied 2024 U.S. Code historical extraction · 33 U.S.C. § 1293

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