From the U.S. Code Online via GPO Access [wais.access.gpo.gov] [Laws in effect as of January 7, 2003] [Document not affected by Public Laws enacted between January 7, 2003 and February 12, 2003] [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.''