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To provide for a limitation on availability of funds for Bilaterial Economic Assistance, Development Credit Authority for fiscal year 2024.

1/5/2024, 10:45 PM

Summary of Bill HR 2340

Bill 118 hr 2340, also known as the "Limitation on Availability of Funds for Bilateral Economic Assistance, Development Credit Authority for Fiscal Year 2024," aims to place restrictions on the funds allocated for bilateral economic assistance and the Development Credit Authority for the fiscal year 2024.

The bill seeks to limit the availability of funds for these programs, which are typically used to provide financial assistance to foreign countries for economic development and poverty alleviation. By placing restrictions on the funds, the bill aims to ensure that the money allocated for these programs is used effectively and efficiently.

The specific details of the limitations imposed by the bill are not provided in the summary, but it is clear that the goal is to ensure that the funds allocated for bilateral economic assistance and the Development Credit Authority are used in a responsible manner. Overall, Bill 118 hr 2340 is aimed at ensuring that the funds allocated for these programs are used effectively and efficiently to promote economic development and poverty alleviation in foreign countries.

Congressional Summary of HR 2340

This bill limits FY2024 funding for the Bilateral Economic Assistance, Development Credit Authority account.

Current Status of Bill HR 2340

Bill HR 2340 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2340 was introduced during Congress 118 and was introduced to the House on March 29, 2023.  Bill HR 2340's most recent activity was Referred to the House Committee on Foreign Affairs. as of March 29, 2023

Bipartisan Support of Bill HR 2340

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 2340

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill HR 2340

To provide for a limitation on availability of funds for Bilaterial Economic Assistance, Development Credit Authority for fiscal year 2024.
To provide for a limitation on availability of funds for Bilaterial Economic Assistance, Development Credit Authority for fiscal year 2024.

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