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USDA/RUS | RIN: 0572-AC10 | Publication ID: Fall 2008 |
Title: ●Electric Loans for Renewable Energy | |
Abstract: The Rural Utilities Service, an agency delivering the United States Department of Agricultures (USDA) Rural Development Utilities programs, hereinafter referred to as Rural Development and/or the Agency, proposes to amend its regulations on services to non-REAct beneficiaries. The rule would propose to implement section 6108 of the Food and Energy Security Act of 2007. This section provides that the Secretary may make electric loans for electric generation from renewable energy resources for resale to rural and nonrural residents. The section further provides that the loans shall be made at an interest rate equal to the average tax-exempt municipal bond rate of similar maturities. | |
Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 7 CFR 1710 | |
Legal Authority: 7 USC 940g |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Michele L. Brooks Director, Regulations Management Team, RD Innovation Center Department of Agriculture Rural Utilities Service Room 5159 South Building, STOP 1522, 1400 Independence Avenue SW, Washington, DC 20250 Phone:202 690-1078 Email: michele.brooks@wdc.usda.gov |