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‘‘(4) SUNSET.—The option provided under
paragraph (1) shall not be available in the case of
any loan or loan advance, or portion thereof, unless
a written request to exercise such option is sent to
the Administrator not later than 1 year after the ef-
fective date of regulations issued to carry out the
Rural Electrification Loan Restructuring Act of
1993.’’.
SEC. 3. EXPANDED ELIGIBILITY FOR LOANS FOR WATER
AND WASTE DISPOSAL FACILITIES.
Section 306(a)(1) of the Consolidated Farm and
Rural Development Act (7 U.S.C. 1926(a)(1)) is amended
by inserting after the first sentence the following new sen-
tence: ‘‘The Secretary may also make loans to any bor-
rower to whom a loan has been made under the Rural
Electrification Act of 1936 (7 U.S.C. 901 et seq.), for the
conservation, development, use, and control of water, and
the installation of drainage or waste disposal facilities, pri-
marily serving farmers, ranchers, farm tenants, farm la-
borers, rural businesses, and other rural residents.’’.
SEC. 4. RURAL ECONOMIC DEVELOPMENT.
Section 364 of the Consolidated Farm and Rural De-
velopment Act (7 U.S.C. 2006f) is amended by adding at
the end the following new subsection:
‘‘(g) RURAL ECONOMIC DEVELOPMENT.—
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‘‘(1) IN GENERAL.—A borrower of a loan or
loan guarantee under the Rural Electrification Act
of 1936 (7 U.S.C. 901 et seq.) shall be eligible for
assistance under all programs administered by the
Rural Development Administration.
‘‘(2) PARTICIPATION.—The Administrator of
the Rural Development Administration shall encour-
age and facilitate the full and equal participation of
all entities to participate in programs administered
by the Rural Development Administration.’’.
SEC. 5. PROHIBITION UNDER RURAL DEVELOPMENT PRO-
GRAMS.
The Consolidated Farm and Rural Development Act
(7 U.S.C. 1921 et seq.) is amended by adding at the end
thereof the following new section:
‘‘SEC. 370. PROHIBITION UNDER RURAL DEVELOPMENT
PROGRAMS.
‘‘(a) PROHIBITION.—Assistance under any rural de-
velopment program administered by the Rural Develop-
ment Administration, the Farmers Home Administration,
the Rural Electrification Administration, or any other
agency of the Department of Agriculture shall not be con-
ditioned on any requirement that the recipient of such as-
sistance accept or receive electric service from any particu-
lar utility, supplier, or cooperative.
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‘‘(b) ENSURING COMPLIANCE.—The Secretary shall
establish, by regulation, adequate safeguards to ensure
that assistance under such rural development programs is
not subject to such a condition. Such safeguards shall in-
clude periodic certifications and audits, and appropriate
measures and sanctions against any person violating, or
attempting to violate, the prohibition in subsection (a).
‘‘(c) REGULATIONS.—Not later than 6 months after
the enactment of this section, the Secretary shall issue in-
terim final regulations to ensure compliance with sub-
section (a).’’.
SEC. 6. REGULATIONS.
Except as provided in section 2(b) of the Rural Elec-
trification Act of 1936 and section 370 of the Consolidated
Farm and Rural Development Act, as added by sections
2(c)(1)(C) and 5 of this Act, not later than 45 days after
the date of enactment of this Act, interim final regulations
shall be issued by—
(1) the Administrator of the Rural Electrifica-
tion Administration to carry out amendments made
by this Act to programs administered by the Admin-
istrator;
(2) the Administrator of the Rural Development
Administration to carry out the amendments made
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by this Act to programs administered by the Admin-
istrator; and
(3) the Secretary of Agriculture to carry out
the amendments made by this Act to programs ad-
ministered by the Farmers Home Administration.
Passed the House of Representatives September 28,
1993.
Attest:
DONNALD K. ANDERSON,
Clerk.
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