# 49 CFR § 260.13: Credit reform

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-49-260.13

## Section

- **Citation:** 49 CFR § 260.13
- **Heading:** Credit reform
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 49—Transportation > Subtitle B—Other Regulations Relating to Transportation > CHAPTER II—FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF TRANSPORTATION > PART 260—REGULATIONS GOVERNING LOANS AND LOAN GUARANTEES UNDER THE RAILROAD REHABILITATION AND IMPROVEMENT FINANCING PROGRAM > Subpart A—Overview

## Text

The Federal Credit Reform Act of 1990, 2 U.S.C. 661, requires Federal agencies to set aside the subsidy cost of new credit assistance provided in the form of direct loans or loan guarantees. The subsidy cost will be the estimated long term cost to the Government of the loan or loan guarantee. The subsidy cost associated with each direct loan or loan guarantee, which the Administrator must set aside, may be funded by Federal appropriations, direct payment of a Credit Risk Premium by the Applicant or a non-Federal infrastructure partner on behalf of the Applicant, or any combination thereof.

## Nearby sections

- [49 CFR § 260.1 § 260.1 Program authority.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.1.md)
- [49 CFR § 260.3 § 260.3 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.3.md)
- [49 CFR § 260.5 § 260.5 Eligible purposes.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.5.md)
- [49 CFR § 260.7 § 260.7 Priority consideration.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.7.md)
- [49 CFR § 260.9 § 260.9 Loan terms.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.9.md)
- [49 CFR § 260.11 § 260.11 Investigation charge.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.11.md)
- [49 CFR § 260.13 § 260.13 Credit reform.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.13.md)
- [49 CFR § 260.15 § 260.15 Credit risk premium.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.15.md)
- [49 CFR § 260.17 § 260.17 Credit risk premium analysis.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.17.md)
- [49 CFR § 260.19 § 260.19 Preapplication meeting.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.19.md)
- [49 CFR § 260.21 § 260.21 Eligibility.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.21.md)
- [49 CFR § 260.23 § 260.23 Form and content of application generally.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.23.md)
- [49 CFR § 260.25 § 260.25 Additional information for Applicants not having a credit rating.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.25.md)
- [49 CFR § 260.27 § 260.27 Additional information for loan guarantees.](https://www.frixlaw.com/law-library/statutes/ecfr-49-260.27.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-49-260.13. Check the current official text before relying on it. Not legal advice.