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7 U.S.C. § 905

Fees for certain loan guarantees

United States · Title 7 — AGRICULTURE · Status: effective

Banking, Finance & Insurance
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7 U.S.C. § 905, Fees for certain loan guarantees, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/429141
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Full text

For electrification baseload generation loan guarantees, the Secretary shall, at the request of the borrower, charge an upfront fee to cover the costs of the loan guarantee. The fee described in subsection (a) for a loan guarantee shall be equal to the costs of the loan guarantee (within the meaning of section 661a(5)(C) of title 2). Funds received from a borrower to pay the fee described in this section shall not be derived from a loan or other debt obligation that is made or guaranteed by the Federal Government.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.