Healthy Food Financing Initiative Reauthorization Act of 2023
Source: Congress.gov ·
281 words in original text
What This Bill Does
This bill reauthorizes the Healthy Food Financing Initiative, a program under the Department of Agriculture. It changes the funding amounts that the Secretary of Agriculture must spend on this program over the next several years.
Who It Affects
The Secretary of Agriculture (the leader of the U.S. Department of Agriculture) and the Commodity Credit Corporation (a government agency that finances agricultural programs).
Key Provisions
- The Secretary must spend $25,000,000 from the Commodity Credit Corporation (a government fund) in fiscal year 2024 (Sec. 2)
- The Secretary must spend $30,000,000 in fiscal year 2025 (Sec. 2)
- The Secretary must spend $35,000,000 in fiscal year 2026 (Sec. 2)
- The Secretary must spend $40,000,000 in fiscal year 2027 (Sec. 2)
- The Secretary must spend $50,000,000 in fiscal year 2028 and every year after that (Sec. 2)
What Changes
The bill updates Section 243(d) of the Department of Agriculture Reorganization Act of 1994 to set new mandatory funding amounts for carrying out the Healthy Food Financing Initiative.
Important Definitions
None defined in bill text.
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