(two) the administration of any loan certain under this subchapter before the productive day from the termination of authority.
Beginning in fiscal yr 2007, and every fiscal calendar year thereafter via fiscal yr 2012, the Secretary shall post into the Committee on Vitality and Pure Means from the Senate along with the Committee on Means of the House of Representatives an annual report that describes the amount and sort of whole-time equal positions during the Office of the inside and the amount of overhead expenses in the Division of the Interior which might be allocated to carrying out this subchapter for your applicable fiscal year.
Nothing During this subchapter authorizes the transfer of pre-current amenities or pre-present elements of any h2o procedure from Federal to non-public possession or from private to Federal ownership.
(2) the amount of the payment the Secretary is authorized to pay for shall be no better than the amount of principal and fascination that the non-Federal borrower is obligated to pay for under the settlement getting guaranteed; and
(two) the administration of any loan guaranteed underneath this subchapter before the helpful date of the termination of authority.
A rural h2o supply undertaking that is set being possible less than section 2405 of this title is eligible to get a loan promise underneath portion 2423 of the title.
(i) repairs of a schedule mother nature that retain a rural drinking water supply more info project inside of a very well retained problem;
(III) an evaluation on the monetary ability of each and every non-Federal entity participating in The agricultural h2o supply challenge to pay for the allotted yearly Procedure, routine maintenance, and replacement expenditures for The agricultural water source task;
(4) environmental excellent and resource water defense troubles relevant to the rural water provide project;
No quantities produced out there below this part shall be used to spend building expenses linked to any rural drinking water provide project.
The term "loan promise" has the meaning provided the expression "loan guarantee" in section 661a of title 2.
Any prepayment or refinancing conditions on the loan warranty shall be negotiated among the non-Federal borrower and the lender Along with the consent of the Secretary.
The Secretary plus the Comptroller Typical of America, or their duly licensed Associates, shall have obtain, for the goal of audit, into the documents and various pertinent files.
With respect to any obligation assured beneath this part, the Secretary may perhaps enter into a agreement to pay, and pay back, holders from the obligation, for and on behalf on the non-Federal borrower, from cash appropriated for that intent, the principal and fascination payments that turn out to be because of and payable over the unpaid harmony on the obligation In the event the Secretary finds that—