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Code · BILL · 113th Congress · S. 2389 (Placed on Calendar Senate) — Making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs... · Sec. 729

Sec. 729.

106 words·~1 min read·/bill/113/s/2389/pcs/section-729

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Hereafter, the Secretary may charge a fee for lenders to access Department loan guarantee systems in connection with such lenders’ participation in loan guarantee programs of the Rural Housing Service: , That the funds collected from such fees shall be made available to the Secretary without further appropriation and such funds shall be deposited into the Rural Development Salaries and Expense Account and shall remain available until expended for obligation and expenditure by the Secretary for administrative expenses of the Rural Housing Service Loan Guarantee Program in addition to other available funds: Provided , That such fees collected shall not exceed $50 per loan. Provided further
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