Sec. 9007. RURAL ENERGY FOR AMERICA PROGRAM
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## SEC. 9007 RURAL ENERGY FOR AMERICA PROGRAM Section 9007 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8107) is amended— ####
(1)in subsection (c)— #####
(A)by amending paragraph
(1)to read as follows: > > #### “(1) In general > > > ##### “(A) Assistance > > In addition to any similar authority, the Secretary shall provide— > > > ###### “(i) > > loan guarantees and grants to agricultural producers and rural small businesses— > > > ###### “(I) > > to purchase renewable energy systems, including systems that may be used to produce and sell electricity; and > > > ###### “(II) > > to make energy efficiency improvements; and > > > ###### “(ii) > > loan guarantees to agricultural producers to purchase and install energy efficient equipment or systems for agricultural production or processing that exceed— > > > ###### “(I) > > energy efficiency building codes, if applicable; > > > ###### “(II) > > Federal or State energy efficiency standards, if applicable; and > > > ###### “(III) > > other energy efficiency standards determined appropriate by the Secretary. > > > ##### “(B) Limitations > > With respect to loan guarantees under subparagraph (A)(ii)— > > > ###### “(i) > > if no codes or standards described in such subparagraph apply to the energy efficient equipment or system to be purchased or installed pursuant to such subparagraph, the Secretary shall require, to the maximum extent practicable, such equipment or system to meet the same efficiency measurements as the most efficient available equipment or system in the market; and > > > ###### “(ii) > > the Secretary shall not provide such a loan guarantee for the purchase or installation of any energy efficient equipment or system unless more than one type of such equipment or system is available in the market.” > ; and #####
(B)in paragraph (3), by adding at the end the following: > > ##### “(D) Loan guarantees for energy efficient equipment to agricultural producers > > Using funds made available under paragraphs
(1)and
(3)of subsection (f), in each fiscal year the Secretary may use for loan guarantees under paragraph (1)(A)(ii) an amount that does not exceed 15 percent of such funds.” > ; ####
(2)in subsection (e), by striking “subsection (g)” each place it appears and inserting “subsection (f)”; ####
(3)by striking subsection
(f)and redesignating subsection
(g)as subsection (f); and ####
(4)in subsection (f)(3) (as so redesignated), by striking “2014 through 2018” and inserting “2019 through 2023”.
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Sec. 9007
RURAL ENERGY FOR AMERICA PROGRAM
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