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42 U.S.C. § 8813 — Funding

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

42 U.S.C. § 8813 — Funding

**(a) Authorization of appropriations** To the extent provided in advance in appropriation Acts, for the two year period beginning October 1, 1980, there is authorized to be appropriated and transferred $1,170,000,000 from the Energy Security Reserve established in the Treasury of the United States under title II of the Act entitled “An Act making appropriations for the Department of the Interior and related agencies for the fiscal year ending September 30, 1980, and for other purposes” (Public Law 96–126; 93 Stat. 970) and made available for obligation by such Act only to the extent provided in advance in appropriation Acts, as follows: (1) $460,000,000 to the Secretary of Agriculture for carrying out activities under subchapter I, except of the amount of the financial assistance provided by the Secretary of Agriculture under subchapter I, up to one-third shall be for small-scale biomass energy projects; (2) $460,000,000 to the Secretary of Energy for carrying out biomass energy activities under subchapter I, of which at least $500,000,000 11 So in original. Pub. L. 97–35 decreased appropriation to $460,000,000 from $600,000,000 without amending sum of $500,000,000. shall be available to the Office of Alcohol Fuels for carrying out its activities, and any amount not made available to the Office of Alcohol Fuels shall be available to the Secretary to carry out the purposes of subchapter I under available authorities of the Secretary, including authorities under subchapter I; and (3) $250,000,000 shall be available to the Secretary of Energy for carrying out activities under subchapter II. **(b) Availability of funds until expended** Funds made available under subsection (a) shall remain available until expended. **(c) Determinations respecting amount of appropriati

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Source location: Title 42, Chapter 96, § 8813; chapter-096-biomass-energy-and-alcohol-fuels.md

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**(a) Authorization of appropriations** To the extent provided in advance in appropriation Acts, for the two year period beginning October 1, 1980, there is authorized to be appropriated and transferred $1,170,000,000 from the Energy Security Reserve established in the Treasury of the United States under title II of the Act entitled “An Act making appropriations for the Department of the Interior and related agencies for the fiscal year ending September 30, 1980, and for other purposes” (Public Law 96–126; 93 Stat. 970) and made available for obligation by such Act only to the extent provided in advance in appropriation Acts, as follows: (1) $460,000,000 to the Secretary of Agriculture for carrying out activities under subchapter I, except of the amount of the financial assistance provided by the Secretary of Agriculture under subchapter I, up to one-third shall be for small-scale biomass energy projects; (2) $460,000,000 to the Secretary of Energy for carrying out biomass energy activities under subchapter I, of which at least $500,000,000 11 So in original. Pub. L. 97–35 decreased appropriation to $460,000,000 from $600,000,000 without amending sum of $500,000,000. shall be available to the Office of Alcohol Fuels for carrying out its activities, and any amount not made available to the Office of Alcohol Fuels shall be available to the Secretary to carry out the purposes of subchapter I under available authorities of the Secretary, including authorities under subchapter I; and (3) $250,000,000 shall be available to the Secretary of Energy for carrying out activities under subchapter II. **(b) Availability of funds until expended** Funds made available under subsection (a) shall remain available until expended. **(c) Determinations respecting amount of appropriations remaining available** (1) For purposes of determining the amount of such appropriations which remain available for purposes of this chapter— (A) loans shall be counted at the initial face value of the loan; (B) loan guarantees shall be counted at the initial face value of such loan guarantee; (C) price guarantees and purchase agreements shall be counted at the value determined by the Secretary concerned as of the date of each such contract based upon the Secretary’s determination of the maximum potential liability of the United States under the contract; and (D) any increase in the liability of the United States pursuant to any amendment or other modification to a contract for a loan, loan guarantee, price guarantee, or purchase agreement, shall be counted to the extent of such increase. (2) Determinations under paragraph (1) shall be made in accordance with generally accepted accounting principles, consistently applied. (3) If more than one form of financial assistance is to be provided to any one project, the obligations and commitments thereunder shall be counted at the maximum potential exposure of the United States on such project at any time during the life of such project. (4) Any commitment to provide financial assistance shall be treated the same as such assistance for purposes of this subsection; except that any such commitment which is nullified or voided for any reason shall not be considered for purposes of this subsection. **(d) Financial assistance provided only to extent advanced in appropriation Acts** Financial assistance may be provided under this chapter only to the extent provided in advance in appropriation Acts.

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

42 U.S.C. § 5915 — Authorization of appropriations

There may be appropriated to the Secretary to carry out the purposes of this chapter such sums as may be authorized in annual authorization Acts.

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

42 U.S.C. § 8801 — Lending for energy production and conservation projects by production credit associations, Federal land banks, and banks for cooperatives

The Farm Credit Administration shall encourage production credit associations, Federal land banks, and banks for cooperatives to use existing authorities to make loans to eligible persons for commercially feasible biomass energy projects.

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

42 U.S.C. § 6240 — Repealed. Pub. L. 106–469, title I, § 103(8)–(11), Nov. 9, 2000, 114 Stat. 2030

### Statutory Notes Section 6235, Pub. L. 94–163, title I, § 155, Dec. 22, 1975, 89 Stat. 884; Pub. L. 95–619, title VI, § 691(b)(2), Nov. 9, 1978, 92 Stat. 3288, related to the Early Storage Reserve. Section 6236, Pub. L. 94–163, title I, § 156, Dec. 22, 1975, 89 Stat. 885; Pub. L. 95–619, title VI, § 691(b)(2), Nov. 9, 1978, 92 Stat. 3288, related to the Industrial Petroleum Reserve. Section 6237, Pub. L. 94–163, title I, § 157, Dec. 22, 1975, 89 Stat. 885; Pub. L. 95–619, title VI, § 691(b)(2), Nov. 9, 1978, 92 Stat. 3288; Pub. L. 102–486, title XIV, § 1405, Oct. 24, 1992, 106 Stat. 2995, related to the Regional Petroleum Reserve. Section 6238, Pub. L. 94–163, title I, § 158, Dec. 22, 1975, 89 Stat. 886; Pub. L. 95–619, title VI, § 691(b)(2), Nov. 9, 1978, 92 Stat. 3288, related to a report on the establishment of Utility Reserves, Coal Reserves, Remote Crude Oil and Natural Gas Reserves.

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

42 U.S.C. § 8821 — General requirements regarding financial assistance

**(a) Priorities, terms, availability, etc.** (1) Priority for financial assistance under this subchapter, and the most favorable financial terms available, shall be provided to a person for any biomass energy project that— (A) uses a primary fuel other than petroleum or natural gas in the production of biomass fuel, such as geothermal energy resources, solar energy resources, or waste heat; or (B) applies new technologies which expand the possible feedstocks, produces new forms of biomass energy, or produces biomass fuel using improved or new technologies. Nothing in this paragraph shall be construed to exclude financial assistance for any project which does not use such a fuel or apply such a technology. (2) (A) Financial assistance under this subchapter shall be available for a biomass energy project only if the Secretary concerned finds that the Btu content of the motor fuels to be used in the facility involved to produce the biomass fuel will not exceed the Btu content of the biomass fuel produced in the facility. (B) In making the determination under subparagraph (A), the Secretary concerned shall take into account any displacement of motor fuel or other petroleum products which the applicant has demonstrated to the satisfaction of the Secretary would result from the use of the biomass fuel produced in the facility involved. (3) No financial assistance may be provided under this subchapter to any person for any biomass energy project if the Secretary concerned finds that the process to be used by the project will not extract the protein content of the feedstock for utilization as food or feed for readily available markets in any case in which to do so would be technically and economically practicable. (4) Financial assistance may not be provided

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

42 U.S.C. § 8813 — Insured loans

Page 7653 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 8814 (Pub. L. 96–294, title II, § 212, June 30, 1980, 94 Stat. 687.) § 8813. Insured loans (a) Authority of Secretary of Agriculture; max- imum amount per project Subject to sections 8812 and 8817 of this title, the Secretary of Agriculture may commit to make, and make, insured loans in amounts not to exceed $1,000,000 per project for the construc- tion of small-scale biomass energy projects. (b) Estimated project construction costs as deter- minative of initial and revised amount of loan; interest rate (1) Any insured loan under this section— (A) may not exceed 90 per centum of the total estimated cost of construction of the biomass energy project involved, and (B) shall bear interest at rates determined by the Secretary of Agriculture, taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average matu- rities of such loans, plus not to exceed one per centum, as determined by the Secretary of Ag- riculture, and adjusted to the nearest one- eighth of one per centum. (2) In the event the total estimated costs of construction of the project thereafter exceed the total estimated costs initially determined by the Secretary of Agriculture, the Secretary may in addition, upon application therefor, make an insured loan for so much of the additional esti- mated total costs as does not exceed 10 per cen- tum of the total costs initially estimated. (c) Funding requirements; ‘‘insured loan’’ defined (1) The Secretary of Agriculture shall make insured loans under this section using, to the ex- tent provided in advance in appropriations Acts, the Agricultural Credit Insurance Fund in sec- t

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