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
... existing limitations have neces- sarily been in excess of total 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 ...
... existing limitations have neces- sarily been in excess of total 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 ...
Page 3
... existing facilities are unable to supply and to transmit energy needed on American farms . Installation of new generating and transmission facilities will necessitate loaning a disappropriationate amount of money in areas suffering ...
... existing facilities are unable to supply and to transmit energy needed on American farms . Installation of new generating and transmission facilities will necessitate loaning a disappropriationate amount of money in areas suffering ...
Page 8
... existing borrowers to extend their lines . Further , most of the farms unelectrified at June 30 , 1955 , will pose difficult problems of feasibility , and the availability of loan funds under the State allotment formula will not assure ...
... existing borrowers to extend their lines . Further , most of the farms unelectrified at June 30 , 1955 , will pose difficult problems of feasibility , and the availability of loan funds under the State allotment formula will not assure ...
Page 9
... existing conditions , for the expeditious and orderly develop- ment of the program . During fiscal 1950 , $ 120 million of this amount was drawn down in order to provide enough funds under the formula to make loans of approximately $ 10 ...
... existing conditions , for the expeditious and orderly develop- ment of the program . During fiscal 1950 , $ 120 million of this amount was drawn down in order to provide enough funds under the formula to make loans of approximately $ 10 ...
Page 34
... existing loan formula allocating appropriations of Congress for loans to rural electric cooperatives has become outmoded and obsolete and in fact works hardships on the allocation of funds to certain areas and States where such funds ...
... existing loan formula allocating appropriations of Congress for loans to rural electric cooperatives has become outmoded and obsolete and in fact works hardships on the allocation of funds to certain areas and States where such funds ...
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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...