In general
The Secretary may charge such fees as the Secretary considers appropriate, so long as those fees are proportionally equal for each rural business investment company, with respect to any guarantee or grant issued under this subchapter.
Trust certificate
section 2009cc–5 of this titlesection 2009cc–5(e)(2) of this titleNotwithstanding subsection (a), the Secretary shall not collect a fee for any guarantee of a trust certificate under , except that any agent of the Secretary may collect such fees as the Secretary considers appropriate, so long as those fees are proportionally equal for each rural business investment company, for the functions described in .
License
In general
Except as provided in paragraph (3), the Secretary may prescribe fees to be paid by each applicant for a license to operate as a rural business investment company under this subchapter.
Use of amounts
Prohibition on collection of certain fees
In the case of a license described in paragraph (1) that was approved before , the Secretary shall not collect any fees due on or after the date of enactment of this paragraph.
Pub. L. 87–128, title III, § 384GPub. L. 107–171, title VI, § 6029116 Stat. 395Pub. L. 110–234, title VI, § 6027(b)122 Stat. 1182Pub. L. 110–246, § 4(a)122 Stat. 1664Pub. L. 115–334, title VI, § 6426(d)132 Stat. 4771(, as added , , ; amended , , ; , title VI, § 6027(b), , , 1943; , , .)
Editorial Notes
References in Text
Pub. L. 110–246The date of enactment of this paragraph, referred to in subsec. (c)(3), is the date of enactment of , which was approved .
Codification
Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4(a) of Pub. L. 110–246 and made identical amendments to this section. The amendments by were repealed by .
Amendments
Pub. L. 115–334, § 6426(d)(1)2018—Subsecs. (a), (b). , substituted “such fees as the Secretary considers appropriate, so long as those fees are proportionally equal for each rural business investment company,” for “a fee that does not exceed $500”.
Pub. L. 115–334, § 6426(d)(2)(A)Subsec. (c)(2)(B). , substituted “as the Secretary considers appropriate” for “solely to cover the costs of licensing examinations”.
Pub. L. 115–334, § 6426(d)(2)(B)Subsec. (c)(2)(C). , added subpar. (C) and struck out former subpar. (C) which read as follows: “shall not exceed $500 for any fee collected under this subsection.”
Pub. L. 110–246, § 6027(b)(1)2008—Subsec. (a). , substituted “a fee that does not exceed $500” for “such fees as the Secretary considers appropriate”.
Pub. L. 110–246, § 6027(b)(2)Subsec. (b). , substituted “that does not exceed $500” for “approved by the Secretary”.
Pub. L. 110–246, § 6027(b)(3)(A)Subsec. (c)(1). , substituted “Except as provided in paragraph (3), the” for “The”.
Pub. L. 110–246, § 6027(b)(3)(B)Subsec. (c)(2)(C). , added subpar. (C).
Pub. L. 110–246, § 6027(b)(3)(C)Subsec. (c)(3). , added par. (3).
Statutory Notes and Related Subsidiaries
Effective Date of 2008 Amendment
Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4 of Pub. L. 110–246section 8701 of this titleAmendment of this section and repeal of by effective , the date of enactment of , see , set out as an Effective Date note under .