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Code · BILL · 113th Congress · H.R. 2642 (Placed on Calendar Senate) — To provide for the reform and continuation of agricultural and other programs of the Department of Agriculture throug... · Sec. 5206

Sec. 5206. Certain Federal actions not to be considered major

105 words·~1 min read·/bill/113/hr/2642/pcs/section-5206

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In the case of a loan, loan guarantee, or grant program in the rural development mission area of the Department of Agriculture, an action of the Secretary before, on, or after the date of enactment of this Act that does not involve the provision by the Department of Agriculture of Federal dollars or a Federal loan guarantee, including— the approval by the Department of Agriculture of the decision of a borrower to commence a privately funded activity; a lien accommodation or subordination; a debt settlement or restructuring; or the restructuring of a business entity by a borrower, shall not be considered a major Federal action.
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