RURAL ECONOMIC DEVELOPMENT LOANS PROGRAM
ACCOUNT
(INCLUDING RESCISSION OF FUNDS)
For the principal amount of direct loans, as author-
ized under section 313 of the Rural Electrification Act,
for the purpose of promoting rural economic development
and job creation projects, $25,003,000.
For the cost of direct loans, including the cost of
modifying loans as defined in section 502 of the Congres-
sional Budget Act of 1974, $4,698,000, to remain avail-
able until expended.
Of the funds derived from interest on the cushion of
credit payments in the current fiscal year, as authorized
by section 313 of the Rural Electrification Act of 1936,
$4,698,000 shall not be obligated and $4,698,000 are re-
scinded.
RURAL COOPERATIVE DEVELOPMENT GRANTS
For rural cooperative development grants authorized
under section 310B(e) of the Consolidated Farm and
Rural Development Act (7 U.S.C. 1932), $23,500,000, of
which $2,500,000 shall be for cooperative agreements for
the appropriate technology transfer for rural areas pro-
gram: Provided, That not to exceed $1,500,000 shall be
for cooperatives or associations of cooperatives whose pri-
mary focus is to provide assistance to small, minority pro-
ducers and whose governing board and/or membership is
comprised of at least 75 percent minority; and of which
not to exceed $15,500,000, to remain available until ex-
pended, shall be for value-added agricultural product mar-
ket development grants, as authorized by section 6401 of
the Farm Security and Rural Investment Act of 2002 (7
U.S.C. 1621 note).
RURAL EMPOWERMENT ZONES AND ENTERPRISE
COMMUNITY GRANTS
For grants in connection with second and third
rounds of empowerment zones and enterprise commu-
nities, $11,419,000, to remain available until expended,
for designated rural empowerment zones and rural enter-
prise communities, as authorized by the Taxpayer Relief
Act of 1997 and the Omnibus Consolidated and Emer-
gency Supplemental Appropriations Act, 1999 (Public
Law 105–277): Provided, That of the funds appropriated,
$1,000,000 shall be made available to third round em-
powerment zones, as authorized by the Community Re-
newal Tax Relief Act (Public Law 106–554).
RENEWABLE ENERGY PROGRAM
For the cost of a program of direct loans, loan guar-
antees, and grants, under the same terms and conditions
as authorized by section 9006 of the Farm Security and
Rural Investment Act of 2002 (7 U.S.C. 8106),
$15,000,000 (increased by $8,000,000) for direct and
guaranteed renewable energy loans and grants: Provided,
That the cost of direct loans and loan guarantees, includ-
ing the cost of modifying such loans, shall be as defined
in section 502 of the Congressional Budget Act of 1974.
RURAL UTILITIES SERVICE
RURAL ELECTRIFICATION AND TELECOMMUNICATIONS
LOANS PROGRAM ACCOUNT
(INCLUDING TRANSFER OF FUNDS)
Insured loans pursuant to the authority of section
305 of the Rural Electrification Act of 1936 (7 U.S.C.
935) shall be made as follows: 5 percent rural electrifica-
tion loans, $120,000,000; municipal rate rural electric
loans, $100,000,000; loans made pursuant to section 306
of that Act, rural electric, $2,100,000,000; Treasury rate
direct electric loans, $1,000,000,000; guaranteed under-
writing loans pursuant to section 313A, $1,000,000,000;
5 percent rural telecommunications loans, $145,000,000;
cost 
of 
money 
rural 
telecommunications 
loans,
$250,000,000; and for loans made pursuant to section 306
of 
that 
Act, 
rural 
telecommunications 
loans,
$125,000,000.
For the cost, as defined in section 502 of the Con-
gressional Budget Act of 1974, including the cost of modi-
fying loans, of direct and guaranteed loans authorized by