7 U.S.C. § 940d — Repealed. Pub. L. 115–334, title VI,

Page 550 TITLE 7—AGRICULTURE § 940d time as any regulations necessary to carry out the amendments made by this section [enacting this sec- tion and amending sections 912, 940c, and 940c–1 of this title] are fully implemented. ‘‘(2) Paragraph (1) shall take effect on the date of the enactment of this Act.’’ § 940d. Repealed. Pub. L. 115–334, title VI, § 6601(b), Dec. 20, 2018, 132 Stat. 4776 Section, May 20, 1936, ch. 432, title III, § 314, as added Pub. L. 101–508, title I, § 1201, Nov. 5, 1990, 104 Stat. 1388–7; amended Pub. L. 103–129, § 2(b)(1), Nov. 1, 1993, 107 Stat. 1362; Pub. L. 103–354, title II, § 235(a)(13), Oct. 13, 1994, 108 Stat. 3221, related to limitations on authoriza- tion of appropriations. § 940e. Expansion of 911 access (a) In general Subject to subsection (c) and such terms and conditions as the Secretary may prescribe, the Secretary may make loans under this sub- chapter to entities eligible to borrow from the Rural Utilities Service, State or local govern- ments, Indian tribes (as defined in section 5304 of title 25), or other public entities for facilities and equipment to expand or improve in rural areas— (1) 911 access; (2) integrated interoperable emergency com- munications, including multiuse networks that provide critical transportation-related in- formation services in addition to emergency communications services; (3) homeland security communications; (4) transportation safety communications; or (5) location technologies used outside an ur- banized area. (b) Loan security Government-imposed fees related to emer- gency communications (including State or local 911 fees) may be considered to be security for a loan under this section. (c) Emergency communications equipment pro- viders The Secretary may make a loan under this section to an emergency communication equip- ment provider to expand or improve 911 access or other communications or technologies de- scribed in subsection (a) if the local government that has jurisdiction over the project is not al- lowed to acquire the debt resulting from the loan. (d) Authorization of appropriations The Secretary shall use to make loans under this section any funds otherwise made available for telephone loans for each of fiscal years 2008 through 2023. (May 20, 1936, ch. 432, title III, § 315, as added Pub. L. 107–171, title VI, § 6102, May 13, 2002, 116 Stat. 415; amended Pub. L. 110–234, title VI, § 6107, May 22, 2008, 122 Stat. 1198; Pub. L. 110–246, § 4(a), title VI, § 6107, June 18, 2008, 122 Stat. 1664, 1959; Pub. L. 113–79, title VI, § 6103, Feb. 7, 2014, 128 Stat. 851; Pub. L. 115–334, title VI, § 6506, Dec. 20, 2018, 132 Stat. 4775.) Editorial Notes CODIFICATION Pub. L. 110–234 and Pub. L. 110–246 made identical amendments to this section. The amendments by Pub. L. 110–234 were repealed by section 4(a) of Pub. L. 110–246. AMENDMENTS 2018—Subsec. (a)(2). Pub. L. 115–334, § 6506(1), sub- stituted ‘‘critical transportation-related’’ for ‘‘com- mercial or transportation’’. Subsec. (d). Pub. L. 115–334, § 6506(2), substituted ‘‘2023’’ for ‘‘2018’’. 2014—Subsec. (d). Pub. L. 113–79 substituted ‘‘2018’’ for ‘‘2012’’. 2008—Pub. L. 110–246, § 6107, amended section gen- erally, substituting provisions relating to expansion of access, loan security, emergency communications equipment providers, and authorization of appropria- tions, consisting of subsecs. (a) to (d), for provisions re- lating to expansion of access and authorization of ap- propriations, consisting of subsecs. (a) and (b). 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 this title. § 940f. Extension of period of existing guarantee (a) In general Subject to the limitations in this section and the provisions of the Federal Credit Reform Act of 1990 [2 U.S.C. 661 et seq.], as amended, a bor- rower of a loan made by the Federal Financing Bank and guaranteed under this chapter may re- quest an extension of the final maturity of the outstanding principal balance of such loan or any loan advance thereunder. If the Secretary and the Federal Financing Bank approve such an extension, then the period of the existing guarantee shall also be considered extended. (b) Limitations (1) Feasibility and security Extensions under this section shall not be made unless the Secretary first finds and cer- tifies that, after giving effect to the extension, in his judgment the security for all loans to the borrower made or guaranteed under this chapter is reasonably adequate and that all such loans will be repaid within the time agreed. (2) Extension of useful life or collateral Extensions under this section shall not be granted unless the borrower first submits with its request either— (A) evidence satisfactory to the Secretary that a Federal or State agency with jurisdic- tion and expertise has made an official de- termination, such as through a licensing proceeding, extending the useful life of a generating plant or transmission line pledged as collateral to or beyond the new final maturity date being requested by the borrower, or (B) a certificate from an independent li- censed engineer concluding, on the basis of a thorough engineering analysis satisfactory to the Secretary, that the useful life of the generating plant or transmission line pledged as collateral extends to or beyond the new final maturity date being requested by the borrower.