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7 U.S.C. § 1932 — Repealed. Pub. L. 104–127, title VII, § 746, Apr. 4, 1996, 110 Stat. 1125

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

7 U.S.C. § 1932 — Repealed. Pub. L. 104–127, title VII, § 746, Apr. 4, 1996, 110 Stat. 1125

### Statutory Notes Section, Pub. L. 87–128, title III, § 310A, as added Pub. L. 92–419, title I, § 117, Aug. 30, 1972, 86 Stat. 663, related to insured watershed and resource conservation and development loans.

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Stable record: federal_law:legal_authorities:record_usc_d240757c6d23885da570e017
Source file: Laws/federal/codes/united-states-code/title-7/section-1932-repealed-pub-l-104127-title-vii-746-apr-4-1996-110-stat-1125--21e3947fbb.md
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Passage SHA-256: 16aa3b062e8abe77a2cf517ea3be6fd2d46d75167c9542fa08954bc6178aa379

Source location: Title 7, Chapter 50, § 1932; chapter-050-agricultural-credit.md

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### Statutory Notes Section, Pub. L. 87–128, title III, § 310A, as added Pub. L. 92–419, title I, § 117, Aug. 30, 1972, 86 Stat. 663, related to insured watershed and resource conservation and development loans.

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

42 U.S.C. § 8621 — Home energy grants

**(a) Authorization** The Secretary is authorized to make grants, in accordance with the provisions of this subchapter, to States to assist low-income households, particularly those with the lowest incomes, that pay a high proportion of household income for home energy, primarily in meeting their immediate home energy needs. **(b) Authorization of appropriations** There are authorized to be appropriated to carry out the provisions of this subchapter (other than [section 8626a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section8626a&num=0&edition=prelim)), $2,000,000,000 for each of fiscal years 1995 through 1999, such sums as may be necessary for each of fiscal years 2000 and 2001, and $5,100,000,000 for each of fiscal years 2005 through 2007. The authorizations of appropriations contained in this subsection are subject to the program year provisions of subsection (c). **(c) Availability of appropriations** Amounts appropriated under this section for any fiscal year for programs and activities under this subchapter shall be made available for obligation in the succeeding fiscal year. **(d) Authorization of appropriations for leveraged resources** (1) There is authorized to be appropriated to carry out [section 8626a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section8626a&num=0&edition=prelim), $30,000,000 for each of fiscal years 1999 through 2004, except as provided in paragraph (2). (2) For any of fiscal years 1999 through 2004 for which the amount appropriated under subsection (b) is not less than $1,400,000,000, there is authorized to be appropriated $50,000,000 to carry out [section 8626a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section86

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

42 U.S.C. § 9805 — Statement of purpose

The purpose of this subchapter is to encourage the development of special programs by which the residents of urban and rural low-income areas may, through self-help and mobilization of the community at large, with appropriate Federal assistance, improve the quality of their economic and social participation in community life in such a way as to contribute to the elimination of poverty and the establishment of permanent economic and social benefits.

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

7 U.S.C. § 1922 — Congressional findings

The Congress finds that the statutory authority of the Secretary of Agriculture, hereinafter referred to in this chapter as the “Secretary,” for making and insuring loans to farmers and ranchers should be revised and consolidated to provide for more effective credit services to farmers.

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

7 U.S.C. § 1927a — Repayment requirements

**(a) Period of repayment; interest rates** (1) The period for repayment of loans under this subchapter shall not exceed forty years. (2) Except as otherwise provided in paragraphs (3), (4), (5), and (6) of this subsection, the interest rates on loans under this subchapter shall be as determined by the Secretary, but not in excess of the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans, plus not to exceed 1 per centum, as determined by the Secretary, and adjusted to the nearest one-eighth of 1 per centum. (3) (A) Notwithstanding the provisions of the constitution or laws of any State limiting the rate or amount of interest that may be charged, taken, received, or reserved, except as provided in paragraph (6), the interest rates on loans (other than guaranteed loans), to public bodies or nonprofit associations (including Indian tribes on Federal and State reservations and other federally recognized Indian tribal groups) for water and waste disposal facilities and essential community facilities shall be set by the Secretary at rates not to exceed the current market yield for outstanding municipal obligations with remaining periods to maturity comparable to the average maturity for such loans, and adjusted to the nearest one-eighth of 1 per centum; and not in excess of 5 per centum per annum for any such loans which are for the upgrading of existing facilities or construction of new facilities as required to meet applicable health or sanitary standards in areas where the median household income of the persons to be served by such facility is below the higher of 80 per centum of the statewide nonmetropolitan median household income or the povert

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1927a

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

7 U.S.C. § 1933 — Assistance for rural entities

**(a) Loans to private business enterprises** (1) **Definitions** — In this subsection: (A) *Aquaculture* — The term “aquaculture” means the culture or husbandry of aquatic animals or plants by private industry for commercial purposes including the culture and growing of fish by private industry for the purpose of creating or augmenting publicly owned and regulated stocks of fish. (B) *Solar energy* — The term “solar energy” means energy derived from sources (other than fossil fuels) and technologies included in the Federal Nonnuclear Energy Research and Development Act of 1974, as amended [[42 U.S.C. 5901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section5901&num=0&edition=prelim) et seq.]. (2) **Loan purposes** — The Secretary may make and insure loans to public, private, or cooperative organizations organized for profit or nonprofit and private investment funds that invest primarily in cooperative organizations, to Indian tribes on Federal and State reservations or other federally recognized Indian tribal groups, or to individuals for the purposes of— (A) improving, developing, or financing business, industry, and employment (including through the financing of working capital) and improving the economic and environmental climate in rural communities, including pollution abatement and control; (B) the conservation, development, and use of water for aquaculture purposes in rural areas; (C) reducing the reliance on nonrenewable energy resources by encouraging the development and construction of solar energy systems and other renewable energy systems (including wind energy systems and anaerobic digestors for the purpose of energy generation), including the modification of existing systems, in rural areas; and (D) to facilita

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1933

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

7 U.S.C. § 1983a — Special conditions and limitations on loans

In connection with loans made or insured under this chapter, the Secretary shall— (1) require the applicant (A) to certify in writing, and the Secretary shall determine, that he is unable to obtain sufficient credit elsewhere to finance his actual needs at reasonable rates and terms, taking into consideration prevailing private and cooperative rates and terms in the community in or near which the applicant resides for loans for similar purposes and periods of time, and (B) to furnish an appropriate written financial statement; (2) except with respect to a loan under section 1926, 1932, or 1944 of this title, require— (A) an annual review of the credit history and business operation of the borrower; and (B) an annual review of the continued eligibility of the borrower for the loan; (3) except for guaranteed loans, require an agreement by the borrower that if at any time it shall appear to the Secretary that the borrower may be able to obtain a loan from a production credit association, a Federal land bank, or other responsible cooperative or private credit source (or, in the case of a borrower under [section 1934 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1934&num=0&edition=prelim), the borrower may be able to obtain a loan under [section 1922 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1922&num=0&edition=prelim)), at reasonable rates and terms for loans for similar purposes and periods of time, the borrower will, upon request by the Secretary, apply for and accept such loan in sufficient amount to repay the Secretary or the insured lender, or both, and to pay for any stock necessary to be purchased in a cooperative lending agency in connection with such loan; (4) requi

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

7 U.S.C. § 1991 — Refinancing of certain rural hospital debt

Assistance under [section 1926(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1926/a&num=0&edition=prelim) for a community facility, or under [section 1932 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1932&num=0&edition=prelim), may include the refinancing of a debt obligation of a rural hospital as an eligible loan or loan guarantee purpose if the assistance would help preserve access to a health service in a rural community, meaningfully improve the financial position of the hospital, and otherwise meet the financial feasibility and adequacy of security requirements of the Rural Development Agency.

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

7 U.S.C. § 2204b — Rural development policy

**(a) Coordination of nationwide rural development program using services of executive branch departments and agencies and State and local governments** The Secretary of Agriculture shall provide leadership within the executive branch for, and shall assume responsibility for coordinating, a nationwide rural development program using the services of executive branch departments and agencies, including, but not limited to, the agencies, bureaus, offices, and services of the Department of Agriculture, in coordination with rural development programs of State and local governments. **(b) Policy development; systematic review of Federal programs; access to information; development of process to receive and assess needs, goals, etc.; cooperative agreements to improve Federal programs affecting rural areas; public hearings and comments** (1) The Secretary shall conduct a systematic review of Federal programs affecting rural areas to (A) determine whether such areas are benefiting from such programs in an equitable proportion to the benefits received by urban areas and (B) identify any factors that may restrict accessibility to such programs in rural areas or limit participation in such programs. (2) Subject to the Privacy Act of 1974 [[5 U.S.C. 552a](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section552a&num=0&edition=prelim)], the Secretary may secure directly from any Federal department or agency information necessary to carry out the Secretary’s duties under this section. Upon request of the Secretary under this paragraph, the head of any such Federal department or agency shall furnish such information to the Secretary. (3) The Secretary shall develop a process through which multistate, State, substate, and local rural development needs, goals, o

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

7 U.S.C. § 3701 — Congressional findings and declarations

Congress finds and declares that— (1) an adequate system for the efficient transient storage and movement of bulk agricultural commodities is essential to the overall success of the agricultural industry of the Nation, the development of rural areas of the Nation, and the economic stability of the Nation; (2) the movement and storage of bulk agricultural commodities has been seriously and repeatedly impeded by shortages of transient storage facilities, adequate rail rolling stock, and the deterioration of many railroad track beds and rural highways throughout the United States; (3) the efficient movement and storage of bulk agricultural commodities may be achieved and facilitated by the joint location at strategic points throughout the United States of transient storage facilities and multimodal terminal facilities constructed especially for the efficient shipment and receipt of agricultural commodities; and (4) the location of such facilities must be carefully planned to assure maximum benefits to producers of agricultural commodities and unprocessed agricultural products and utilization of the most efficient means of transporting bulk agricultural commodities for domestic and export markets.

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

7 U.S.C. § 3702 — Definitions

As used in this chapter, the term— (1) “bulk agricultural commodity” means any agricultural commodity that can be transported in bulk and can be temporarily stored in bulk quantities without undergoing processing or packaging. Such term also includes any commodity or product that is used by producers in the production of agricultural commodities and that can be stored or shipped in bulk, such as fertilizer and fuel; (2) “unprocessed agricultural products” means food, fiber, and other agricultural products that have not been packaged or otherwise prepared for retail sale, including animal products and unfinished cotton, wool, leather, or any other unfinished natural material; (3) “Secretary” means Secretary of Agriculture; (4) “subterminal facility” means any facility that is located in the area of production or consumption of agricultural commodities or any major storage or major export point for such commodities and is located at a place that conveniently serves the needs of producers, purchasers, and consumers of bulk agricultural commodities, and is— (A) used for the transient storage of bulk agricultural commodities and may include equipment or structures necessary for the transportation, upgrading, receiving, drying, or loading out of such commodities; or (B) any rail siding, loading, or unloading facility that can accommodate unit railroad trains or multiple car trains and other appropriate transportation modes designed for the transport of bulk agricultural commodities and production materials; and (5) “region” means two or more States acting together to develop a coordinated regional subterminal facilities plan.

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