0
0

To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Housing Service, Rural Housing Insurance Fund Program Account for fiscal year 2024.

12/15/2023, 3:56 PM

Summary of Bill HR 2273

Bill 118 hr 2273, also known as the "Limitation on Availability of Funds for USDA Rural Development Programs Act," aims to place restrictions on the funds available for the US Department of Agriculture's Rural Housing Service and Rural Housing Insurance Fund Program Account for the fiscal year 2024.

The bill seeks to limit the amount of money that can be allocated to these programs in order to ensure that taxpayer dollars are being used efficiently and effectively. By placing a cap on the funds available, the bill aims to encourage the USDA to prioritize its spending and focus on the most critical needs within rural communities.

Supporters of the bill argue that it is necessary to prevent wasteful spending and ensure that resources are being directed towards the most pressing issues facing rural areas, such as affordable housing and economic development. Critics, however, raise concerns that limiting funds for these programs could hinder the USDA's ability to provide essential services to rural communities in need. Overall, the "Limitation on Availability of Funds for USDA Rural Development Programs Act" is a contentious piece of legislation that highlights the ongoing debate over how best to allocate resources to support rural development in the United States.

Congressional Summary of HR 2273

This bill limits FY2024 funding for the Rural Housing Service's Rural Housing Insurance Fund program account.

Current Status of Bill HR 2273

Bill HR 2273 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2273 was introduced during Congress 118 and was introduced to the House on March 29, 2023.  Bill HR 2273's most recent activity was Referred to the House Committee on Financial Services. as of March 29, 2023

Bipartisan Support of Bill HR 2273

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
0
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2273

Primary Policy Focus

Housing and Community Development

Alternate Title(s) of Bill HR 2273

To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Housing Service, Rural Housing Insurance Fund Program Account for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Development Programs, Rural Housing Service, Rural Housing Insurance Fund Program Account for fiscal year 2024.

Comments