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To provide for a limitation on availability of funds for US Department of Agriculture, Rural Business-Cooperative Service, Rural Business Program Account for fiscal year 2024.

2/5/2024, 11:45 AM

Summary of Bill HR 2278

Bill 118 hr 2278, also known as the "Limitation on Availability of Funds for USDA Rural Business Program Account for Fiscal Year 2024," aims to place restrictions on the funds available to the US Department of Agriculture's Rural Business-Cooperative Service for the Rural Business Program Account in the fiscal year 2024. The bill seeks to limit the amount of money that can be allocated to this specific program within the USDA, potentially impacting the resources and support available to rural businesses and cooperatives.

The purpose of this limitation is not explicitly stated in the bill itself, but it may be part of broader efforts to control government spending or prioritize funding for other programs. The bill does not propose any changes to the eligibility criteria or operations of the Rural Business Program Account, but rather focuses solely on the financial aspect of the program.

If passed, this bill could have implications for rural businesses and cooperatives that rely on the resources and assistance provided by the USDA's Rural Business-Cooperative Service. It is important for stakeholders in the rural business community to stay informed about this legislation and its potential impact on their operations.

Congressional Summary of HR 2278

This bill limits FY2024 funding for the Rural Business-Cooperative Service's Rural Business Program.

Current Status of Bill HR 2278

Bill HR 2278 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2278 was introduced during Congress 118 and was introduced to the House on March 29, 2023.  Bill HR 2278's most recent activity was Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. as of May 15, 2023

Bipartisan Support of Bill HR 2278

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 2278

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 2278

To provide for a limitation on availability of funds for US Department of Agriculture, Rural Business-Cooperative Service, Rural Business Program Account for fiscal year 2024.
To provide for a limitation on availability of funds for US Department of Agriculture, Rural Business-Cooperative Service, Rural Business Program Account for fiscal year 2024.

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