
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 16USC2702]

 
                         TITLE 16--CONSERVATION
 
             CHAPTER 47--SMALL HYDROELECTRIC POWER PROJECTS
 
Sec. 2702. Loans for feasibility studies


(a) Loan authority

    The Secretary, after consultation with the Commission, is authorized 
to make a loan to any municipality, electric cooperative, industrial 
development agency, nonprofit organization, or other person to assist 
such person in defraying up to 90 percent of the costs of--
        (1) studies to determine the feasibility of undertaking a small 
    hydroelectric power project at an existing dam or dams and
        (2) preparing any application for a necessary license or other 
    Federal, State, and local approval respecting such a project at an 
    existing dam or dams and of participating in any administrative 
    proceeding regarding any such application.

(b) Cancellation

    The Secretary may cancel the unpaid balance and any accrued interest 
on any loan granted pursuant to this section if he determines on the 
basis of the study that the small hydroelectric power project would not 
be technically or economically feasible.

(Pub. L. 95-617, title IV, Sec. 402, Nov. 9, 1978, 92 Stat. 3154.)

                       References in Text

    The Secretary, referred to in text, and the Commission, referred to 
in subsec. (a), mean the Secretary of Energy and the Federal Energy 
Regulatory Commission, respectively, see section 2602(3), (14) of this 
title.

                  Section Referred to in Other Sections

    This section is referred to in sections 2704, 2707 of this title; 
title 42 section 7375.
