7 USC § 950aa - Additional powers and duties
The Secretary shall—
(1)
provide advice and guidance to electric borrowers under this chapter concerning the effective and prudent use by such borrowers of the investment authority under section
940b of this title to promote rural development;
(2)
provide technical advice, troubleshooting, and guidance concerning the operation of programs or systems that receive assistance under this chapter;
(3)
establish and administer various pilot projects through electric and telephone borrowers that the Secretary determines are useful or necessary, and recommend specific rural development projects for rural areas;
(4)
act as an information clearinghouse and conduit to provide information to electric and telephone borrowers under this chapter concerning useful and effective rural development efforts that such borrowers may wish to apply in their areas of operation and concerning State, regional, or local plans for long-term rural economic development;
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The Secretary shall—
(1)
provide advice and guidance to electric borrowers under this chapter concerning the effective and prudent use by such borrowers of the investment authority under section
940b of this title to promote rural development;
(2)
provide technical advice, troubleshooting, and guidance concerning the operation of programs or systems that receive assistance under this chapter;
(3)
establish and administer various pilot projects through electric and telephone borrowers that the Secretary determines are useful or necessary, and recommend specific rural development projects for rural areas;
(4)
act as an information clearinghouse and conduit to provide information to electric and telephone borrowers under this chapter concerning useful and effective rural development efforts that such borrowers may wish to apply in their areas of operation and concerning State, regional, or local plans for long-term rural economic development;
Source
(May 20, 1936, ch. 432, title V, § 501, as added Pub. L. 101–624, title XXIII, § 2345,Nov. 28, 1990, 104 Stat. 4029; amended Pub. L. 102–237, title VII, § 703(c),Dec. 13, 1991, 105 Stat. 1881; Pub. L. 103–354, title II, § 235(a)(12), (13),Oct. 13, 1994, 108 Stat. 3221; Pub. L. 104–127, title VII, § 781(b),Apr. 4, 1996, 110 Stat. 1151.)
Amendments
1996—Par. (7). Pub. L. 104–127struck out par. (7) which read as follows: “administer a Rural Business Incubator Fund (as established under section
950aa–1 of this title) that shall provide technical assistance, advice, loans, or capital to business incubator programs or for the creation or operation of small business incubators in rural areas.”
1994—Pub. L. 103–354struck out “of REA Administrator” at end of section catchline and substituted “Secretary” for “Administrator” in introductory provisions and par. (3).
1991—Pars. (6) to (8). Pub. L. 102–237inserted “and” at end of par. (6), redesignated par. (8) as (7), and struck out former par. (7) which read as follows: “review the advice and recommendations of the Rural Educational Opportunities Board as established under section
601
(f); and”.
Effective Date of 1991 Amendment
Amendment by Pub. L. 102–237effective as if included in the provision of the Food, Agriculture, Conservation, and Trade Act of 1990, Pub. L. 101–624, to which the amendment relates, see section 1101(b)(8) ofPub. L. 102–237, set out as a note under section
1421 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Friday, May 3, 2013
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