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LegalText 46 U.S.C. § 53713 Administrative fees us united_states_code code_section 46 SHIPPING 537 LOANS AND GUARANTEES 53713 46 U.S.C. § 53713 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc46@119-100.zip /us/usc/t46/s53713 data/legal/raw/us/code/title-46/usc46.xml 9bba8769e6f6cf4394f238a8d5493e851debb020878ce8303a15c386d0e39ba0 eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f a2b2d3b79d08ed6d7d83280a2c1f045bfe33f7c1034b454dde0b1d3d0dab80b5 2026-07-04 official
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46 U.S.C. § 53713 - Administrative fees

Text

(a) In General.— The Secretary or Administrator shall charge and collect from the obligor fees the Secretary or Administrator considers reasonable for processing the application and monitoring the loan guarantee, including for—

(1) investigating an application for a guarantee;

(2) appraising property offered as security for a guarantee;

(3) issuing a commitment;

(4) providing services related to an escrow fund under section 53715 of this title or a deposit fund under section 53716 of this title;

(5) inspecting property during construction, reconstruction, or reconditioning; and

(6) monitoring and providing services related to the obligors compliance with any terms related to the obligations, the guarantee, or maintenance of the Secretary or Administrators security interests under this chapter.

(b) Total Fee Limitation.— The total fees under subsection (a) may not exceed 0.5 percent of the original principal amount of the obligations to be guaranteed.

(c) Fees for Independent Analysis.— (1) In general.— The Secretary or Administrator may charge and collect fees to cover the costs of independent analysis under section 53703(c) of this title. Notwithstanding section 3302 of title 31, any fee collected under this subsection shall—

(A) be credited as an offsetting collection to the account that finances the administration of the loan guarantee program;

(B) be available for expenditure only to pay the costs of activities and services for which the fee is imposed; and

(C) remain available until expended.

(2) Fee limitation inapplicable.— Fees collected under this subsection are not subject to the limitation of subsection (b).

(Pub. L. 109304, § 8(c), Oct. 6, 2006, 120 Stat. 1612; Pub. L. 109163, div. C, title XXXV, § 3507(a)(1)(D), Jan. 6, 2006, 119 Stat. 3555; Pub. L. 110181, div. C, title XXXV, § 3522(a)(10)(B), (b), Jan. 28, 2008, 122 Stat. 598; Pub. L. 11692, div. C, title XXXV, § 3506(h), Dec. 20, 2019, 133 Stat. 1973.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 53713(a)46 App.:1274(f)(1) (words before proviso).June 29, 1936, ch. 858, title XI, § 1104A(f)(1), (4) [§ 1104A formerly § 1104], as added June 23, 1938, ch. 600, § 46, 52 Stat. 970; Aug. 4, 1939, ch. 417, § 14, 53 Stat. 1187; Sept. 28, 1950, ch. 1093, § 4, 64 Stat. 1078; Aug. 15, 1953, ch. 513, § 2, 67 Stat. 626; Sept. 3, 1954, ch. 1265, § 4, 68 Stat. 1269; Pub. L. 86123, §§ 1(3), 2, July 31, 1959, 73 Stat. 269, 271; Pub. L. 86127, § 1(3), (4), July 31, 1959, 73 Stat. 273; Pub. L. 86518, § 1, June 12, 1960, 74 Stat. 216; Pub. L. 86685, §§ 2, 3, Sept. 2, 1960, 74 Stat. 733; Pub. L. 90341, June 15, 1968, 82 Stat. 180; Pub. L. 91469, §§ 31, 32, Oct. 21, 1970, 84 Stat. 1035; restated Pub. L. 92507, § 3, Oct. 19, 1972, 86 Stat. 913; Pub. L. 9731, § 12(136), Aug. 6, 1981, 95 Stat. 166; § 1104 renumbered as § 1104A, Pub. L. 101380, title IV, § 4115(f)(1), Aug. 18, 1990, 104 Stat. 521; Pub. L. 107314, title XXXV, § 3503(2), Dec. 2, 2002, 116 Stat. 2754; Pub. L. 108136, title XXXV, § 3526(2), Nov. 24, 2003, 117 Stat. 1801. 53713(b)46 App.:1274(f)(1) (proviso). 53713(c)46 App.:1274(f)(4).

Editorial Notes

Amendments2019—Subsec. (a). Pub. L. 11692, § 3506(h)(1)(A), substituted “reasonable for processing the application and monitoring the loan guarantee, including for—” for “reasonable for—” in introductory provisions. Subsec. (a)(4). Pub. L. 11692, § 3506(h)(1)(B), substituted “or a deposit fund under section 53716 of this title;” for “; and”. Subsec. (a)(6). Pub. L. 11692, § 3506(h)(1)(C), (D), added par. (6). Subsec. (c). Pub. L. 11692, § 3506(h)(2)(B)(D), designated existing provisions as par. (1) and inserted heading, redesignated former pars. (1) to (3) as subpars. (A) to (C), respectively, of par. (1) and realigned margins, and added par. (2). Pub. L. 11692, § 3506(h)(2)(A), which directed amendment of par. (1) of subsec. (c) by substituting “under section 53703(c) of this title” for “under section 53708(d) of this title”, was executed by making the substitution in introductory provisions of subsec. (c) to reflect the probable intent of Congress and the subsequent designation of the provisions of subsec. (c) as subsec. (c)(1). See above. 2008—Pub. L. 110181, § 3522(b), repealed Pub. L. 109163, § 3507(a)(1)(D). See 2006 Amendment note below. Subsecs. (a), (c). Pub. L. 110181, § 3522(a)(10)(B), incorporated the substance of the amendment by Pub. L. 109163, § 3507(a)(1)(D), into this section, by inserting “or Administrator” after “Secretary” wherever appearing in introductory provisions. See 2006 Amendment note below and section 18(a) of Pub. L. 109304, set out as a Legislative Purpose and Construction note preceding section 101 of this title. 2006—Pub. L. 109163, § 3507(a)(1)(D), which directed the amendment of section 1274(f) of the former Appendix to this title from which this section was derived, was repealed by Pub. L. 110181, § 3522(b). See 2008 Amendment note for subsecs. (a), (c) and Historical and Revision notes above.