§ 940g. Electric loans for renewable energy
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(a)Definition of renewable energy source In this section, the term “renewable energy source” means an energy conversion system fueled from a solar, wind, hydropower, biomass, or geothermal source of energy.
(b)Loans In addition to any other funds or authorities otherwise made available under this chapter, the Secretary may make electric loans under this subchapter for electric generation from renewable energy resources for resale to rural and nonrural residents.
(c)Rate The rate of a loan under this section shall be equal to the average tax-exempt municipal bond rate of similar maturities.
(May 20, 1936, ch. 432, title III, § 317, as added Pub. L. 110–234, title VI, § 6108, May 22, 2008, 122 Stat. 1198, and Pub. L. 110–246, § 4(a), title VI, § 6108, June 18, 2008, 122 Stat. 1664, 1959.)
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- Public Law 117–169To provide for reconciliation pursuant to title II of S
- Public Law 110–234To provide for the continuation of agricultural programs through fiscal year 2012, and for other purposes
- Public Law 110–246To provide for the continuation of agricultural and other programs of the Department of Agriculture through fiscal year 2012, and for other purposes
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- May 20, 1936, ch. 432
- Pub. L. 110–234, title VI, § 6108
- 122 Stat. 1198
- Pub. L. 110–246, § 4(a)
- 122 Stat. 1664
- Pub. L. 110–234
- Pub. L. 110–246
- section 4(a) of Pub. L. 110–246
- section 4 of Pub. L. 110–246
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§ 940g
Electric loans for renewable energy
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ActMay 20, 1936, ch. 432
Pub. L.Pub. L. 110–234, title VI, § 6108
Stat.122 Stat. 1198
Pub. L.Pub. L. 110–246, § 4(a)
Stat.122 Stat. 1664
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