Title 7 Sec. 901 - REAct

Title 7 - Sec. 901.htm

RUS Form 444, "Wholesale Power Contracts"

Title 7 Sec. 901 - REAct

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[CITE: 7USC901]

 
                          TITLE 7--AGRICULTURE
 
         CHAPTER 31--RURAL ELECTRIFICATION AND TELEPHONE SERVICE
 
                   SUBCHAPTER I--RURAL ELECTRIFICATION
 
Sec. 901. Short title

    This chapter may be cited as the ``Rural Electrification Act of 
1936''.

(May 20, 1936, ch. 432, title I, Sec. 1, 49 Stat. 1363; 1939 Reorg. Plan 
No. II, Sec. 5, eff. July 1, 1939, 4 F.R. 2732, 53 Stat. 1434; Oct. 28, 
1949, ch. 776, Sec. 2, 63 Stat. 948; Pub. L. 103-354, title II, 
Sec. 235(a)(1), Oct. 13, 1994, 108 Stat. 3220.)


                               Amendments

    1994--Pub. L. 103-354 added section catchline and text and struck 
out former text which read as follows: ``There is hereby created and 
established an agency of the United States to be known as the `Rural 
Electrification Administration', all of the powers of which shall be 
exercised by an Administrator, who shall be appointed by the President, 
by and with the advice and consent of the Senate, for a term of ten 
years, and who shall receive a salary of $10,000 per year. This chapter 
may be cited as the `Rural Electrification Act of 1936'.''
    1949--Act Oct. 28, 1949, inserted ``title I,'' in credit of act May 
20, 1936.


                      Short Title of 1993 Amendment

    Pub. L. 103-129, Sec. 1, Nov. 1, 1993, 107 Stat. 1356, provided 
that: ``This Act [enacting sections 936d, 936e, and 2008e of this title, 
amending sections 902, 904, 913, 918, 924, 935, 936c, 937, 939, 940d, 
946, 948, 1926, and 2006f of this title, and enacting provisions set out 
as a note below] may be cited as the `Rural Electrification Loan 
Restructuring Act of 1993'.''


                      Short Title of 1992 Amendment

    Pub. L. 102-428, Sec. 1, Oct. 21, 1992, 106 Stat. 2183, provided 
that: ``This Act [amending section 936b of this title] may be cited as 
the `Rural Electrification Administration Improvement Act of 1992'.''


                      Short Title of 1990 Amendment

    Pub. L. 101-624, title XXIII, Sec. 2351(a), Nov. 28, 1990, 104 Stat. 
4038, provided that: ``This subtitle [subtitle F (Secs. 2351-2368) of 
title XXIII of Pub. L. 101-624, enacting sections 918 and 925 to 928 of 
this title, amending sections 924, 932, 935, 936, 939, 945, 946, 948, 
and 950 of this title, and enacting provisions set out as notes under 
this section and section 946 of this title] may be cited as the `Rural 
Telecommunications Improvements Act of 1990'.''


                      Short Title of 1976 Amendment

    Pub. L. 94-570, Sec. 1, Oct. 20, 1976, 90 Stat. 2701, provided: 
``That this Act [amending sections 931 and 935 of this title and 
enacting provisions set out as a note under section 935 of this title] 
may be cited as the `Rural Electrification Administration Technical 
Amendments Act of 1976'.''


                               Regulations

    Pub. L. 103-129, Sec. 6, Nov. 1, 1993, 107 Stat. 1367, provided 
that: ``Except as provided in section 2(b) of the Rural Electrification 
Act of 1936 [7 U.S.C. 902(b)] and section 370 of the Consolidated Farm 
and Rural Development Act [7 U.S.C. 2008e], as added by sections 
2(c)(1)(C) and 5 of this Act, not later than 45 days after the date of 
enactment of this Act [Nov. 1, 1993], interim final regulations shall be 
issued by--
        ``(1) the Administrator of the Rural Electrification 
    Administration to carry out the amendments made by this Act [see 
    Short Title of 1993 Amendment note above] to programs administered 
    by the Administrator;
        ``(2) the Administrator of the Rural Development Administration 
    to carry out the amendments made by this Act to programs 
    administered by the Administrator; and
        ``(3) the Secretary of Agriculture to carry out the amendments 
    made by this Act to programs administered by the Farmers Home 
    Administration.''

                          Transfer of Functions

    Functions of all officers, agencies, and employees of Department of 
Agriculture transferred with certain exceptions, to Secretary of 
Agriculture by 1953 Reorg. Plan No. 2, Sec. 1, eff. June 4, 1953, 18 
F.R. 3219, 67 Stat. 633, set out as a note under section 2201 of this 
title.
    Rural Electrification Administration and its functions and 
activities transferred to Department of Agriculture, to be administered 
therein by Administrator under general direction and supervision of 
Secretary of Agriculture, by 1939 Reorg. Plan No. II, set out in the 
Appendix to Title 5, Government Organization and Employees. See also 
sections 401 to 404 of that plan for provisions relating to transfer of 
functions, records, property, personnel, and funds.


                      Findings; Statement of Policy

    Pub. L. 101-624, title XXIII, Sec. 2352, Nov. 28, 1990, 104 Stat. 
4038, provided that:
    ``(a) Findings.--The Congress finds that--
        ``(1) making modern telecommunications technology and services 
    available in rural areas in the United States promotes economic 
    development and improves the quality of life in rural areas; and
        ``(2) the efficient operation of the Rural Telephone Bank and 
    the Rural Electrification Administration telephone loan programs is 
    essential to the continued development of the telecommunications 
    infrastructure in rural areas in the United States.
    ``(b) Statement of Policy.--It is the policy of the Congress that 
the Rural Telephone Bank and the Rural Electrification Administration 
make loans that facilitate the development and enhancement of the rural 
telecommunications infrastructure in order to make modern 
telecommunications technology and services available at reasonable rates 
to the greatest practicable number of people in rural areas in the 
United States.''


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