Implementing Provisions of the Agriculture Improvement Act of 2018
rural-development · Rural Utilities Service · Rule · Published 2022-12-06 · Effective 2022-12-06 · 87 FR 74493
Document
Document number
2022-25788
Federal Register citation
87 FR 74493
CFR reference
7 CFR 1710
Type
Rule
Action
Final rule; request for comments.
Category
rural-development
Sub-agency
Rural Utilities Service
Publication date
2022-12-06
Effective date
2022-12-06
USDA docket
Docket Number: RUS-21-ELECTRIC-0016
Abstract
The Agriculture Improvement Act of 2018 (2018 Farm Bill) amended several sections of the Rural Electrification Act of 1936 (RE Act) that are carried out by the Electric Program at the USDA--Rural Utilities Service (RUS). Section 6501 extends refinancing authority to RUS for loans made or guaranteed by the Secretary. Section 6503 ended the Cushion of Credit Payment Program. Section 6505 made several changes to the loan guarantee program authorized under section 313A of the RE Act. Section 6507 permits RUS to include provisions for cybersecurity and grid security improvements.