To provide for a limitation on availability of funds for US Department of Agriculture, Food Assistance and Related Programs, Commodity Credit Corporation Export (Loans) Credit Guarantee Program Account for fiscal year 2024.
HR 2294 limits funding for the USDA's Commodity Credit Corporation Export Loan Credit Guarantee Program to $6,063,000 for fiscal year 2024. This bill directly affects agricultural exporters who rely on USDA loan guarantees for international sales by restricting the available funds for this specific program. The key provision is a strict spending cap, preventing the use of any additional funds beyond the $6.06 million threshold for this account during FY2024. It does not change program eligibility or create new requirements, only restricting the financial authorization for this particular export support mechanism.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
President
Introduced Mar 29, 2023
Last action May 15, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
May 15, 2023
Committee
Referred to the Subcommittee on Nutrition, Foreign Agriculture, and Horticulture.
lower
Mar 29, 2023
Committee
Referred to the House Committee on Agriculture.
lower
Mar 29, 2023
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors
Sponsors
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