Rule
18 Jul 2025
compliance, agriculture, energy, regulation, finance, accounting, rural areas, electric power, uniform system of accounts, rural utilities, loan programs-energy
⚡Updates to RUS Electric Borrowers' Accounting Requirements
The Rural Utilities Service (RUS or the Agency), an agency of the Rural Development (RD) mission area within the U.S. Department of Agriculture (USDA), is issuing a final rule with comment to update the accounting requirements for RUS Electric Program borrowers. These changes include adding new accounts to the Uniform System of Accounts (USoA), deleting obsolete accounts and clarifying instructions and definitions for the new and some existing accounts. In addition, new accounts and general instructions are being added for partially extinguished or forgiven debt.
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