To provide for a limitation on availability of funds for Department of State, Administration of Foreign Affairs, Repatriations Loans Program Account, Subsidize Gross Obligations for fiscal year 2024.

12/15/2023, 3:56 PM

Summary of Bill HR 2307

Bill 118 hr 2307, also known as the "Limitation on Availability of Funds for Department of State, Administration of Foreign Affairs, Repatriations Loans Program Account, Subsidize Gross Obligations for Fiscal Year 2024," aims to place restrictions on the funds available for the Department of State's Repatriations Loans Program Account for the fiscal year 2024.

The Repatriations Loans Program Account provides financial assistance to US citizens who are in need of emergency repatriation loans while abroad. This bill seeks to limit the amount of funds that can be allocated to this program in order to control government spending and ensure that funds are being used efficiently.

By placing restrictions on the availability of funds for the Repatriations Loans Program Account, the bill aims to promote fiscal responsibility within the Department of State and ensure that taxpayer dollars are being used effectively. This limitation on funds will impact the subsidize gross obligations for the fiscal year 2024, potentially leading to changes in the way the program operates and the level of assistance provided to US citizens in need of repatriation loans. Overall, Bill 118 hr 2307 represents a targeted effort to control spending within the Department of State while still providing necessary support to US citizens in emergency situations abroad.

Congressional Summary of HR 2307

This bill limits FY2024 funding to subsidize gross obligations for the principal amount of direct loans in the Department of State's Repatriations Loans Program Account.

Current Status of Bill HR 2307

Bill HR 2307 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2307 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2307's most recent activity was Referred to the House Committee on Foreign Affairs. as of March 29, 2023