Title 7 — AgricultureRelease 119-73not60
§928 Prompt Processing of Telephone Loans
Title 7 › Chapter 31— RURAL ELECTRIFICATION AND TELEPHONE SERVICE › Subchapter II— RURAL TELEPHONE SERVICE › § 928
Summary
Within 10 days after June 30 and December 31 each year, the Secretary must send a report to the House Committees on Agriculture and Appropriations and to the Senate Committees on Agriculture, Nutrition, and Forestry and Appropriations. The report must list every completed telephone-loan application (section 935) or loan-guarantee application (section 936) that was not finally acted on within 90 days of filing and must explain why each was delayed.
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 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60