Title 7AgricultureRelease 119-73

§928 Prompt processing of telephone loans

Title 7 › Chapter CHAPTER 31— - RURAL ELECTRIFICATION AND TELEPHONE SERVICE › Subchapter SUBCHAPTER II— - RURAL TELEPHONE SERVICE › § 928

Last updated Apr 6, 2026|Official source

Summary

The Secretary must send a report within 10 days after the end of the second and fourth calendar quarters each year to the House Committees on Agriculture and Appropriations and to the Senate Committees on Agriculture, Nutrition, and Forestry and on Appropriations. The report must list every finished application for a telephone loan (under section 935) or for a guarantee of a telephone loan (under section 936) that still has not been finally decided within 90 days after it was filed, and must explain why each one was not acted on within that 90-day period.

Full Legal Text

Title 7, §928

Agriculture — Source: USLM XML via OLRC

Within ten days after the end of the second and fourth calendar quarters of each year, the Secretary shall submit to the Committee on Agriculture and the Committee on Appropriations of the House of Representatives, and to the Committee on Agriculture, Nutrition, and Forestry and the Committee on Appropriations of the Senate, a report—
(1)identifying each completed application for a telephone loan under section 935 of this title or a guarantee of a telephone loan under section 936 of this title that has not been finally acted upon within ninety days after the date the completed application is submitted; and
(2)stating the reasons for the failure to finally act upon the completed applications within such ninety-day period.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2018—Par. (1). Pub. L. 115–334 substituted “935 of this title or” for “935 of this title,” and struck out “, or a loan under section 948 of this title,” after “a telephone loan under section 936 of this title”. 1994—Pub. L. 103–354 substituted “Secretary” for “Administrator”.

Reference

Citations & Metadata

Citation

7 U.S.C. § 928

Title 7Agriculture

Last Updated

Apr 6, 2026

Release point: 119-73