7 USC 1926 - Rural decentralized water systems

Editorial Notes

Codification

Puspan. L. 110–234 and Puspan. L. 110–246 made identical amendments to this section. The amendments by Puspan. L. 110–234 were repealed by section 4(a) of Puspan. L. 110–246.

Amendments

2018—Puspan. L. 115–334, § 6409(1), substituted “Rural decentralized water systems” for “Grants to nonprofit organizations to finance the construction, refurbishing, and servicing of individually-owned household water well systems in rural areas for individuals with low or moderate incomes” in section catchline.

Subsec. (a). Puspan. L. 115–334, § 6409(2), substituted “60” for “100”.

Subsec. (span)(1). Puspan. L. 115–334, § 6409(3)(A), inserted “and subgrants” after “loans” and “and individually owned household decentralized wastewater systems” after “well systems”.

Subsec. (span)(2). Puspan. L. 115–334, § 6409(3)(B), added par. (2) and struck out former par. (2). Prior to amendment, text read as follows: “A loan made with grant funds under this section—

“(A) shall have an interest rate of 1 percent;

“(B) shall have a term not to exceed 20 years; and

“(C) shall not exceed $11,000 for each water well system described in paragraph (1).”

Subsec. (span)(4). Puspan. L. 115–334, § 6409(3)(C), added par. (4).

Subsec. (c). Puspan. L. 115–334, § 6409(4), substituted “effective use of individually owned household water well systems, individually owned household decentralized wastewater systems,” for “productive use of individually-owned household water well systems”.

Subsec. (d). Puspan. L. 115–334, § 6409(5), substituted “$20,000,000” for “$5,000,000” and “2019 through 2023” for “2014 through 2018”.

2014—Subsec. (d). Puspan. L. 113–79 substituted “$5,000,000 for each of fiscal years 2014 through 2018” for “$10,000,000 for each of fiscal years 2008 through 2012”.

2008—Subsec. (span)(2)(C). Puspan. L. 110–246, § 6010(1), substituted “$11,000” for “$8,000”.

Subsec. (d). Puspan. L. 110–246, § 6010(2), substituted “2008 through 2012” for “2003 through 2007”.

Statutory Notes and Related Subsidiaries

Effective Date of 2008 Amendment

Amendment of this section and repeal of Puspan. L. 110–234 by Puspan. L. 110–246 effective May 22, 2008, the date of enactment of Puspan. L. 110–234, see section 4 of Puspan. L. 110–246, set out as an Effective Date note under section 8701 of this title.

Effective Date

Puspan. L. 107–171, title VI, § 6012(span), May 13, 2002, 116 Stat. 358, provided that:

“The amendment made by subsection (a) [enacting this section] takes effect on October 1, 2002.”