Allocation of REA Funds: Hearing Before a Subcommittee of the Committee on Agriculture and Forestry, United States Senate, Eighty-fourth Congress, First Session, on S. 153, a Bill to Amend the Rural Electrification Act of 1936. March 23, 1955 |
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Page 2
... actual loan needs . It will also remove the necessity for annual surveys of unelectrified farms which are burdensome and now needless . The Congress has to some extent already been apprised of the need for reexam- ining the validity of ...
... actual loan needs . It will also remove the necessity for annual surveys of unelectrified farms which are burdensome and now needless . The Congress has to some extent already been apprised of the need for reexam- ining the validity of ...
Page 9
... actual needs . This recommendation was not adopted . For fiscal 1952 , a contingent loan fund of $ 75 million was provided ; for fiscal 1953 , $ 50 million . No part of these funds was drawn upon . Of the $ 45 million contingent loan ...
... actual needs . This recommendation was not adopted . For fiscal 1952 , a contingent loan fund of $ 75 million was provided ; for fiscal 1953 , $ 50 million . No part of these funds was drawn upon . Of the $ 45 million contingent loan ...
Page 10
... actual loan needs . This is clearly proven by fact that the loan fund carryover each year when contingent funds were drawn upon consistently exceeded the total amount drawn . One trouble with continuing to operate on this basis is that ...
... actual loan needs . This is clearly proven by fact that the loan fund carryover each year when contingent funds were drawn upon consistently exceeded the total amount drawn . One trouble with continuing to operate on this basis is that ...
Page 11
... actual loan needs , rather than the larger amounts which must inevi- tably be requested so long as the State allotment formula remains a part of the act . ANNUAL UNELECTRIFIED FARM SURVEY Section 3 ( c ) specifically requires that the ...
... actual loan needs , rather than the larger amounts which must inevi- tably be requested so long as the State allotment formula remains a part of the act . ANNUAL UNELECTRIFIED FARM SURVEY Section 3 ( c ) specifically requires that the ...
Page 12
... actual cost of conducting the survey . The cost of administering the formula is not definitely known , although we have made some reasonably good estimates on it . Senator HUMPHREY . If you eliminate the survey this annual survey that ...
... actual cost of conducting the survey . The cost of administering the formula is not definitely known , although we have made some reasonably good estimates on it . Senator HUMPHREY . If you eliminate the survey this annual survey that ...
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Common terms and phrases
50 percent ALLOCATION OF REA allotment formula amended annual survey appropriation areas bill borrowers budget census census count census figures central station electric Chairman Colorado Congress be requested Connecticut contingent loan fund cost Delaware ELECTRIC COOPERATIVE ASSOCIATION electrification loan funds ELLENDER ELLIS estimates farmer farms electrified farms Number Percent fiscal funds available Iowa June 30 Kentucky KERR SCOTT loan needs Massachusetts million Minnesota Mississippi Missouri NATIONAL RURAL ELECTRIC Nebraska need for loan NELSEN North Carolina North Dakota number of farms number of unelectrified Oklahoma PARTRIDGE percentage of electrification percentage of unelectrified REA Act REA Administrator REA FUNDS REA loan REA program resolved that Congress Rhode Island RURAL ELECTRIC COOPERATIVE rural electric systems Rural Electrification Act Rural Electrification Administration rural electrification program Senator HUMPHREY Senator SCOTT South statement station electric service subcommittee survey of unelectri telephone loan total farms total number transmission unelectrified farm survey West Virginia
Popular passages
Page 9 - Rural electrification program, $425,000,000, of which $150,000,000 shall be placed in reserve to be borrowed under the same terms and conditions to the extent that such amount is required during the current fiscal year under the then existing conditions for the expeditious and orderly development of the rural electrification program; and rural telephone program, $70,000,000.
Page 38 - The Administrator shall, within ninety days after the beginning of each fiscal year, determine for each State and for the United States the number of farms not then receiving such service.
Page 1 - ... shall be available for loans by the Administrator in the following year or years without allotment...
Page 1 - OF THE COMMITTEE ON AGRICULTURE AND FORESTRY, Washington, DC The subcommittee met, pursuant to call, at 10:15 am, in room 324, Senate Office Building, Senator Hubert H.
Page 2 - Administrator for loans in the several States in the proportion which the number of their farms not then receiving central station electric service bears to the total number of farms of the United States not then receiving such service.
Page 3 - STATEMENT FILED BY JAMES G. PATTON, PRESIDENT, NATIONAL FARMERS UNION Mr. Chairman and members of the committee, we are presenting this statement in support of S.
Page 18 - New Hampshire New Jersey New Mexico New York North Carolina . North Dakota . . . Ohio Oklahoma Pennsylvania . . Rhode Island . South Carolina . South Dakota Tennessee Texas Utah Vermont Virginia Washington .... West Virginia . Wisconsin Wyoming UNITED STATES.
Page 42 - Senator Scott, do you have any questions? Senator SCOTT. No questions. Senator HUMPHREY.
Page 2 - The Bureau of the Budget advises that there is no objection to the submission of this report. Sincerely yours, TRUE D. MORSE, Acting Secretary.
Page 1 - ... administrative finding on the assumed facts, that Lehigh was not receiving adequate central station service from the railway wou'd have been administratively justifiable and legally supportable. See your Department's above referred-to letter of May 5, 1958. It is clear from the above quoted provisions of section 4 of the Rural Electrification Act of 1936, as amended (7 USC 904), and...