Sec. 5306. Emergency loan eligibility
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/bill/115/hr/2/eas/section-5306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 373(b)(2)(B) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 2008h(b)(2)(B) ) is amended— by redesignating clauses
(i)and
(ii)as subclauses
(I)and (II), respectively, and indenting appropriately; in the matter preceding subclause
(I)(as so redesignated), by striking The Secretary and inserting the following: The Secretary ; and by adding at the end the following: For purposes of clause (i), a borrower who was restructured with a write-down or restructuring under section 353 shall not be considered to have received debt forgiveness on a loan made or guaranteed under this title. .
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Sec. 5306
Emergency loan eligibility
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