Sec. 6203. Providing for additional fees for guaranteed loans
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Section 333 of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1983 ) is amended— by striking and at the end of paragraph (5); by striking the period at the end of paragraph
(6)and inserting ; and ; and by adding at the end the following: in the case of an insured or guaranteed loan issued or modified under section 306(a), charge and collect from the recipient of the insured or guaranteed loan fees in such amounts as are necessary so that the sum of the total amount of fees so charged in each fiscal year and the total of the amounts appropriated for all such insured or guaranteed loans for the fiscal year equals the subsidy cost for the insured or guaranteed loans in the fiscal year. . Section 601(c) of the Rural Electrification Act of 1936 ( 7 U.S.C. 950bb(c) ), as amended by section 6114, is further amended by adding at the end the following: In the case of a loan guarantee issued or modified under this section, the Secretary shall charge and collect from the recipient of the guarantee fees in such amounts as are necessary so that the sum of the total amount of fees so charged in each fiscal year and the total of the amounts appropriated for all such loan guarantees for the fiscal year equals the subsidy cost for the loan guarantees in the fiscal year. .
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