What US Rural Electrification Act of 1936 (7 USC ch 31): Rural Electric and Telephone Loan Authority requires
The Rural Electrification Act of 1936 (7 U.S.C. ch. 31, sections 901 to 950bb) authorizes federal lending to furnish and improve electric and telephone service in rural areas, administered by the Secretary of Agriculture through the Rural Utilities Service. Section 901 sets the short title and section 902 provides the general authority of the Secretary of Agriculture to make loans for rural electrification. Section 904 authorizes loans 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, and section 913 sets the definitions, including that the term Secretary means the Secretary of Agriculture. Subchapter II governs rural telephone service: section 921 declares the policy of Congress that adequate telephone service be made generally available in rural areas through the improvement and expansion of existing telephone facilities, section 922 authorizes loans for the improvement, expansion, construction, acquisition, and operation of telephone lines, facilities, or systems to furnish and improve telephone service in rural areas, and section 924 defines telephone service and rural area. Section 917 provides that assistance may not be conditioned on the acceptance of electric service from a particular utility, and section 918 provides that the Secretary may not deny a loan based on the borrower's general fund levels. Section 931 establishes the Rural Electrification and Telephone Revolving Fund. The Act is the federal rural utility lending regime.
Pillar: Agriculture & Agritech · Authority: US Congress / Department of Agriculture (Rural Utilities Service) · Version: 1.0.0 · Last updated:
Primary source: https://www.govinfo.gov/content/pkg/USCODE-2022-title7/html/USCODE-2022-title7-chap31.htm
SHA-256 integrity: a0a22be0961cddb745aa81919dc31d0f409b25761f8e602e6062ed8f71b9a099
Primary Citations — 8 traced to source
- Rural Electrification Act of 1936, 7 U.S.C. 901 - short title.
- Rural Electrification Act of 1936, 7 U.S.C. 902 - general authority of the Secretary of Agriculture.
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