30 U.S.C. § 1512
Loan size limitation
United States · Title 30 — MINERAL LANDS AND MINING · Status: effective
Cite this
- Citation
- 30 U.S.C. § 1512, Loan size limitation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/467317
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Full text
The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.
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.
- Energy Security ActHouse: no recorded tallySenate: no recorded tally