,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #daeb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #b1 #bjbj,mr4    
,hoev5 7= himself1 ,mr4 ,boozman1 ,ms4  
,smi?1 & ,ms4 ,s9ema7 introduc$ ! foll[+
 bill2 :i* 0 read twice & ref]r$ to !   
,committee on ,agriculture1 ,nutrition1 
& ,=e/ry  ,a ,,bill  ,to provide = !    
adju/m5t or modification by ! ,secret>y 
( ,agriculture ( loans = critical rural 
utility s]vice provid]s1 & = o!r        
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,flexible ,f9anc+ = ,rural 
,am]ica ,act ( #bjbj4  #b4 ,loan        
adju/m5ts = critical rural utility      
s]vice provid]s  7a7 ,9 g5]al ,n lat]   
?an #ahj days aft] ! date ( enactm5t (  
?is ,act1 ! borr[] ( a qualifi$ loan    
describ$ 9 subsection 7b7 may submit to 
! ,secret>y ( ,agriculture 7ref]r$ to 9 
?is section z ! ,secret>y7 a reque/ to  
adju/ ! int]e/ rate or modify any o!r   
t]m ( ! qualifi$ loan1 :i* %all include 
a report summ>iz+ h[ ! adju/m5t or      
modification w assi/ ! borr[] 9 provid+ 

critical utility s]vices to a rural     
community4  7b7 ,qualifi$ loan describ$ 
,a qualifi$ loan ref]r$ to 9 subsection 
7a7 is a loan made or gu>ante$ on or    
be=e ! date ( enactm5t ( ?is ,act "u--  
7#a7 section #d1 #bja1 #cje1 #cjf1 or   
#fja ( ! ,rural ,electrification ,act ( 
#aicf 7#g ,u4,s4,c4 #ijd1 #ibb1 #ice1   
#icf1 #iej;bb72 or  7#b7 ! program c>ri$
 out "u ! matt] "u ! head+ ,di/ance     
,le>n+1 ,telem$ic9e1 & ,broadb& ,program
 9 title ,i ( division ,a ( ! ,am]ican  
,recov]y & ,re9ve/m5t ,act ( #bjji      
7,public ,law #aaa-e2 #abc ,/at4 #aah7  
7commonly kn[n z ! ,broadb& ,initiatives
 ,program74  7c7 ,adju/m5t ( int]e/     
rate2 modification ( loan t]ms  7#a7 ,9 
g5]al ,on receipt ( a reque/ made "u    
subsection 7a7 ) respect to a loan1 !   
,secret>y-- 7,a7 9 ! case ( a reque/ =  
an int]e/ rate adju/m5t1 %all adju/ !   
int]e/ rate on ! loan to ! co/ ( funds  
to ! ,dep>tm5t ( ! ,treasury1 z ( ! date
 ( enactm5t ( ?is ,act1 = obligations ( 
comp>able maturity to ! t]m rema9+ on ! 

out/&+ balance ( ! loan or o!r su* high]
 rate z ! borr[] may reque/2 &  7,b7 9 !
 case ( a reque/ = a modification to a  
loan t]m o!r ?an ! adju/m5t describ$ 9  
subp>agraph 7,a71 may use ! au?orities  
provid$ 9 sections #b1 #bja1 #cjf;,c &  
#gjc ( ! ,rural ,electrification ,act ( 
#aicf 7#g ,u4,s4,c4 #ijb1 #ibb1 #icf;c1 
#iej;cc-#b7 & section #cca7;b77#d7 ( !  
,consolidat$ ,f>m & ,rural ,developm5t  
,act 7#g ,u4,s4,c4 #aiha7;b77#d77 to    
make su* o!r modifications to ! loan    
t]ms t ! ,secret>y det]m9es are         
necess>y-- 7i7 to address *anges 9 !    
f9ancial position ( ! borr[] due to !   
public heal? em]g5cy decl>$ by !        
,secret>y ( ,heal? & ,human ,s]vices "u 
section #cai ( ! ,public ,heal? ,s]vice 
,act 7#db ,u4,s4,c4 #bdg;d7 on ,janu>y  
#ca1 #bjbj1 ) respect to ,,covid-#ai2 & 
7ii7 to promote ! f9ancial su/a9ability 
( ! borr[]4  7#b7 ,effective date ,an   
adju/m5t or modification "u subp>agraph 
7,a7 or 7,b71 respectively1 ( p>agraph  
7#a7 %all apply beg9n+ on ! fir/ day    

aft] ! close ( ! p]iod ) respect to :i* 
! fir/ paym5t due on ! loan aft] ! date 
( ! reque/ applies4  7d7 ,no fees or    
p5alties ,9 c>ry+ out ?is section1 !    
,secret>y %all n impose or collect any  
fee f1 or impose any p5alty on1 a       
borr[]4  7e7 ,notice ,n lat] ?an #cj    
days aft] ! date ( enactm5t ( ?is ,act1 
! ,secret>y %all publi% 9 ! ,f$]al      
,regi/] a notice ( ! b5efits available  
to borr[]s "u ?is section4  7f7         
,appropriation  7#a7 ,9 g5]al ,out ( any
 am\nts 9 ! ,treasury n o!rwise         
appropriat$1 !re are appropriat$ to !   
,secret>y-- 7,a7 su* sums z are necess>y
 to c>ry out subsection 7c77#a77;,a72 & 
7,b7 #cjj1jjj1jjj to c>ry out subsection
 7c77#a77;,b74  7#b7 ,availability ,!   
am\nts appropriat$ by p>agraph 7#a7 %all
 rema9 available ?r\gh ,decemb] #ca1    
#bjba4  7#c7 ,em]g5cy designation  7,a7 
,9 g5]al ,! am\nts provid$ by ?is ,act  
are designat$ z an em]g5cy requirem5t   
pursuant to section #d7;g7 ( ! ,/atutory
 ,pay-,z-,y-,g ,act ( #bjaj 7#b         

,u4,s4,c4 #icc7;g774  7,b7 ,designation 
9 s5ate ,9 ! ,s5ate1 ?is ,act is        
designat$ z an em]g5cy requirem5t       
pursuant to section #daab7;a7 ( ,h4     
,con4 ,res4 #ga 7#aae? ,congress71 !    
concurr5t resolution on ! budget =      
fiscal ye> #bjah4