The law › Title 7, Agriculture › Chapter 50
7 U.S.C. 1942: Purposes of loans
Created in 1961 by Public Law 87-128. Changed by 12 later laws. No bill we track in this Congress changes it.
2 other sections of the Code cite this one, including 7 U.S.C. 1991, 7 U.S.C. 2008f.
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
2014
1996
- Pub. L. 104–127 amended section generally, substituting present provisions for provisions outlining purposes of loans made under this subchapter, authorizing loans to rural area residents to operate small business enterprises, authorizing loans for pollution abatement and control projects in rural … (Federal Agriculture Improvement and Reform Act of 1996) Law text
1992
- Pub. L. 102–552, §516(f)(2), repealed amendment by Pub. L. 102–237, §501(b). See 1991 Amendment note below. · (a)
- Pub. L. 102–552, §516(f)(1)(A), made technical correction to directory language of Pub. L. 101–624, §1818(b). See 1990 Amendment note below. · (a)
1991
- Pub. L. 102–237, §501(b), which directed the substitution of "systems (for purposes of this subchapter, the term 'solar energy' means energy derived from sources (other than fossil fuels) and technologies included in the Federal Nonnuclear Energy Research and Development Act of 1974) (… · (a)
1990
- Pub. L. 101–624, §1818(b), as amended by Pub. L. 102–552, §516(f)(1)(A), added cl. (13). · (a)
1985
- Pub. L. 99–198, §1306, added cl. (12). · (a)
- Pub. L. 99–198, §1307, added subsec. (e). · (e)
1980
- Pub. L. 96–438 added cl. (11). · (a)
1978
- Pub. L. 95–334, struck out "individual" after "title, to". · (a)
1977
- Pub. L. 95–113 inserted parenthetical provision extending the section to include farm equipment which utilizes solar energy and inserted definition of "solar energy". · (a)
1972
- Pub. L. 92–419, §§120(b), 121(1), (2), substituted "section 1941(a) for "section 1941", designated existing provisions as subsec. (a), and added cl. (10). · (a)
- Pub. L. 92–419, §121(3), added subsecs. (b) to (d). · (b), (c), (d)
1968
- Pub. L. 90–488 struck out from cl. (4) the concluding phrase, "including recreational uses and facilities", added cls. (5) and (6), and redesignated former cls. (5) to (7) as (7) to (9), respectively.
1962
- Pub. L. 87–703 authorized, in cl. (4), loans to be made for recreational uses and facilities.
Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.