Page:United States Statutes at Large Volume 116 Part 1.djvu/438

 116 STAT. 412 PUBLIC LAW 107-171—MAY 13, 2002 to the President a report that contains the findings and recommendations of the Conference, including findings and recommendations to address needs related to— "(A) telecommunications; "(B) rural health issues; "(C) transportation; "(D) opportunities for economic diversification and innovation within rural America, with particular attention to entrepreneurial support and innovation; "(E) the current and future human resource capacity of rural America; "(F) access to market-based financing and venture and equity capital in rural America; and "(G) the development of innovative public and private collaborations for investments in rural America. Deadline. "(2) REPORT MADE PUBLIC AND TO CONGRESS. —Not later than 90 days after receipt by the President, the President shall— "(A) make the report public; and "(B) transmit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a copy of the report and a statement of the President containing recommendations for implementing the report. "(3) PUBLICATION AND DISTRIBUTION. — "(A) IN GENERAL. — The Conference shall publish and distribute the report described in paragraph (1). "(B) MANDATORY DISTRIBUTION.— The Conference shall provide a copy of a report published under subparagraph (A), at no cost, to—, "(i) each Federal depository library; and "(ii) on request, each State, tribal, and local elected official in a rural area of the United States. Deadline. "(e) FUNDING.—Not later than 180 days after the establishment of the National Board, the National Board shall transfer not more than $2,000,000 to the Office of the President to carry out this section, to remain available until expended.". SEC. 6031. FUNDING OF PENDING RURAL DEVELOPMENT LOAN AND GRANT APPLICATIONS. (a) DEFINITION OF APPLICATION.— In this section, the term "application" does not include an application for a loan or grant that, as of the date of enactment of this Act, is in the preapplication phase of consideration under regulations of the Secretary of Agriculture in effect on the date of enactment of this Act. (b) USE OF FUNDS.— Subject to subsection (c), the Secretary of Agriculture shall use funds made available under subsection (d) to provide funds for applications that are pending on the date of enactment of this Act for— (1) water or waste disposal grants or direct loans under paragraph (1) or (2) of section 306(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1926(a)); and (2) emergency community water assistance grants under section 306A of that Act (7 U.S.C. 1926a). (c) LIMITATIONS. — (1) APPROPRIATED AMOUNTS. —Funds made available under this section shall be available to the Secretary to provide funds

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