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

2/5/2024, 11:45 AM

Summary of Bill HR 2280

Bill 118 hr 2280, also known as the "Limitation on Availability of Funds for USDA Rural Economic Development Loans Program Account for Fiscal Year 2024," aims to place restrictions on the funds available for the US Department of Agriculture's Rural Business-Cooperative Service's Rural Economic Development Loans Program Account for the fiscal year 2024.

The bill seeks to limit the amount of money that can be allocated to this specific program within the USDA, in order to ensure that funds are being used efficiently and effectively. By placing this limitation on the availability of funds, Congress hopes to prioritize other important programs and initiatives within the USDA that may require additional funding.

Overall, the goal of Bill 118 hr 2280 is to carefully manage the budget and resources of the USDA, specifically within the Rural Economic Development Loans Program Account, in order to best serve the needs of rural communities and promote economic development in these areas.

Current Status of Bill HR 2280

Bill HR 2280 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2280 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2280's most recent activity was Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. as of May 15, 2023