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Federal law — U.S. Code and appendices · legal_authorities
There are authorized to be appropriated such sums as are necessary to carry out this chapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 903
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Source file: Laws/federal/codes/united-states-code/title-7/section-903-authorization-of-appropriations--19b631443a.md
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Source location: Title 7, Chapter 31, § 903; chapter-031-rural-electrification-and-telephone-service.md
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Federal law — U.S. Code and appendices · legal_authorities
This Act may be cited as the “Trade Agreements Act of 1979”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 19 U.S.C. § 2511
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Federal law — U.S. Code and appendices · legal_authorities
The purposes of this Act are— (1) to approve and implement the trade agreements negotiated under the Trade Act of 1974 [[19 U.S.C. 2101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title19-section2101&num=0&edition=prelim) et seq.]; (2) to foster the growth and maintenance of an open world trading system; (3) to expand opportunities for the commerce of the United States in international trade; and (4) to improve the rules of international trade and to provide for the enforcement of such rules, and for other purposes.
Source: Supplied U.S. Code snapshot — release unconfirmed · 19 U.S.C. § 2512
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Federal law — U.S. Code and appendices · legal_authorities
It is hereby declared to be the policy of the Congress that adequate funds should be made available to rural electric and telephone systems through direct, insured and guaranteed loans at interest rates which will allow them to achieve the objectives of the Rural Electrification Act of 1936, as amended [[7 U.S.C. 901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section901&num=0&edition=prelim) et seq.], and that such rural electric and telephone systems should be encouraged and assisted to develop their resources and ability to achieve the financial strength needed to enable them to satisfy their credit needs from their own financial organizations and other sources at reasonable rates and terms consistent with the loan applicant’s ability to pay and achievement of the Act’s objectives.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 930
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Federal law — U.S. Code and appendices · legal_authorities
There is hereby established in the Treasury of the United States a fund, to be known as the Rural Electrification and Telephone Revolving Fund (hereinafter referred to as the “fund”), consisting of: (1) all notes, bonds, obligations, liens, mortgages, and property delivered or assigned to the Secretary pursuant to loans heretofore or hereafter made under sections 904, 905,11 See References in Text note below. and 922 of this title and under this subchapter, as of May 11, 1973, and all proceeds from the sales hereunder of such notes, bonds, obligations, liens, mortgages, and property, which shall be transferred to and be assets of the funds; (2) undisbursed balances of electric and telephone loans made under sections 904, 905,1 and 922 of this title, which as of May 11, 1973, shall be transferred to and be assets of the fund; (3) all collections of principal and interest received on and after July 1, 1972, on notes, bonds, judgments, or other obligations made or held under subchapters I and II of this chapter and under this subchapter, which shall be paid into and be assets of the fund; (4) all appropriations for interest subsidies and losses required under this subchapter which may hereafter be made by the Congress and the unobligated balances of any funds made available for loans under the item “Rural Electrification Administration” in the Department of Agriculture and Agriculture-Environmental and Consumer Protection Appropriations Acts; or (5) moneys borrowed from the Secretary of the Treasury pursuant to [section 934(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section934/a&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 931
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority to bar procurement from non-designated countries** (1) **In general** — Subject to paragraph (2), the President, in order to encourage additional countries to become parties to the Agreement and to provide appropriate reciprocal competitive government procurement opportunities to United States products and suppliers of such products— (A) shall, with respect to procurement covered by the Agreement, prohibit the procurement, after the date on which any waiver under [section 2511(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title19-section2511/a&num=0&edition=prelim) first takes effect, of products— (i) which are products of a foreign country or instrumentality which is not designated pursuant to [section 2511(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title19-section2511/b&num=0&edition=prelim), and (ii) which would otherwise be eligible products; and (B) may, with respect to procurement covered by the Agreement, take such other actions within the President’s authority as the President deems necessary. (2) **Exception** — Paragraph (1) shall not apply in the case of procurements for which— (A) there are no offers of products or services of the United States or of eligible products; or (B) the offers of products or services of the United States or of eligible products are insufficient to fulfill the requirements of the United States Government. **(b) Deferrals and waivers** Notwithstanding subsection (a), but in furtherance of the objective of encouraging countries to become parties to the Agreement and provide appropriate reciprocal competitive government procurement opportunities to United States products and suppliers of such products, the President may— (1) w
Source: Supplied U.S. Code snapshot — release unconfirmed · 19 U.S.C. § 2516
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary is authorized and empowered, from the sums hereinbefore authorized, to make loans for rural electrification to persons, corporations, States, Territories, and subdivisions and agencies thereof, municipalities, peoples’ utility districts and cooperative, nonprofit, or limited-dividend associations, organized under the laws of any State or Territory of the United States, for the purpose of financing the construction and operation of generating plants, electric transmission and distribution lines or systems for the furnishing and improving of electric service to persons in rural areas, including by assisting electric borrowers to implement demand side management, energy efficiency and conservation programs, and on-grid and off-grid renewable energy systems, and loans, from funds available under [section 903 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section903&num=0&edition=prelim), to cooperative associations and municipalities for the purpose of enabling said cooperative associations, and municipalities to the extent that such indebtedness was incurred with respect to electric transmission and distribution lines or systems or portions thereof serving persons in rural areas, to discharge or refinance long-term debts owed by them to the Tennessee Valley Authority on account of loans made or credit extended under the terms of the Tennessee Valley Authority Act of 1933, as amended [[16 U.S.C. 831](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section831&num=0&edition=prelim) et seq.]: Provided, That the Secretary, in making such loans, shall give preference to States, Territories, and subdivisions and agencies thereof, municipalities, peoples’ utility districts, and cooperative, n
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 904
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary is authorized and empowered to bid for and purchase at any foreclosure or other sale, or otherwise to acquire, property pledged or mortgaged to secure any loan made pursuant to this chapter; to pay the purchase price and any costs and expenses incurred in connection therewith from the sums authorized in [section 903 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section903&num=0&edition=prelim); to accept title to any property so purchased or acquired in the name of the United States of America; to operate or lease such property for such period as may be deemed necessary or advisable to protect the investment therein, but not to exceed five years after the acquisition thereof; and to sell such property so purchased or acquired, upon such terms and for such consideration as the Secretary shall determine to be reasonable.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 907
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary is authorized and empowered to extend the time of payment of interest or principal of any loans made by the Secretary pursuant to this chapter, except that, with respect to any loan made under section 904 or 922 of this title, the payment of interest or principal shall not be extended more than five years after such payment shall have become due. **(b) Terms of deferment** (1) Subject to limitations established in appropriations Acts, the Secretary shall permit any borrower to defer the payment of principal and interest on any insured or direct loan made under this chapter under circumstances described in this subsection, notwithstanding any limitation contained in subsection (a), except that such deferment shall not be permitted based on the determination of the Secretary of the financial hardship of the borrower. (2) (A) In the case of deferments made to enable the borrower to provide financing to local businesses, the deferment shall be repaid in equal installments, without the accrual of interest, over the 60-month period beginning on the date of the deferment, and the total amount of such payments shall be equal to the amount of the payment deferred. (B) In the case of deferments made to enable the borrower to provide community development assistance, technical assistance to businesses, and for other community, business, or economic development projects not included under subparagraph (A), the deferment shall be repaid in equal installments, without the accrual of interest, over the 120-month period beginning on the date of the deferment, and the total amount of such payments shall be equal to the amount of the payment deferred. (3) (A) A borrower may defer its debt service payments only in an amount equal to an investm
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 912
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Federal law — U.S. Code and appendices · legal_authorities
From such sums as are from time to time made available by the Congress to the Secretary for such purpose, pursuant to [section 903 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section903&num=0&edition=prelim), the Secretary is authorized and empowered to make loans to persons now providing or who may hereafter provide telephone service in rural areas, to public bodies now providing telephone service in rural areas and to cooperative, nonprofit, limited dividend, or mutual associations. Except as otherwise provided by this subchapter, such loans shall be made under the same terms and conditions as are provided in [section 904 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section904&num=0&edition=prelim), for the purpose of financing the improvement, expansion, construction, acquisition, and operation of telephone lines, facilities, or systems to furnish and improve telephone service in rural areas: Provided, however, That the Secretary, in making such loans, shall give preference to persons providing telephone service in rural areas, to public bodies now providing telephone service in rural areas, and to cooperative, nonprofit, limited dividend, or mutual associations. The Secretary in making such loans shall, insofar as possible, obtain assurance that the telephone service to be furnished or improved thereby will be made available to the widest practical number of rural users. When it is determined by the Secretary to be necessary in order to furnish or improve telephone service in rural areas, such loans may be made for the improvement, expansion, construction, acquisition, and operation of telephone lines, facilities, or systems without regard to their geographical location. The Secretary is fu
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 922
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Federal law — U.S. Code and appendices · legal_authorities
Page 520 TITLE 7—AGRICULTURE § 903 Subsec. (b). Pub. L. 104–127, § 771(3), added subsec. (b) and struck out former subsec. (b) which read as follows: ‘‘By January 1, 1994, the Secretary shall issue interim regulations to implement the authority contained in subsection (a) of this section to make loans for the pur- pose of assisting electric borrowers to implement de- mand side management, energy conservation programs, and on-grid and off-grid renewable energy systems. If the regulations are not issued by January 1, 1994, the Secretary shall consider any demand side management, energy conservation, or renewable energy program, sys- tem, or activity that is approved by a State agency to be eligible for the loans.’’ 1994—Pub. L. 103–354 substituted ‘‘Secretary of Agri- culture’’ for ‘‘Administrator’’ in subsec. (a) and ‘‘Sec- retary’’ for ‘‘Administrator’’ in two places in subsec. (b). 1993—Pub. L. 103–129 designated existing provisions as subsec. (a), substituted ‘‘electric and telephone service in rural areas, as provided in this chapter, and for the purpose of assisting electric borrowers to implement demand side management, energy conservation pro- grams, and on-grid and off-grid renewable energy sys- tems;’’ for ‘‘telephone service in rural areas, as herein- after provided;’’, and added subsec. (b). 1949—Act Oct. 28, 1949, authorized loans to furnish and improve rural telephone service; and inserted ‘‘title I,’’ in credit of act May 20, 1936. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2008 AMENDMENT Amendment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as an Effective Date note under section 8701 of th
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 903
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