To provide for a limitation on availability of funds for Department of State, Administration of Foreign Affairs, Repatriations Loans Program Account, Direct Loans for fiscal year 2024.
Source: Congress.gov ·
255 words in original text
What This Bill Does
This bill caps the amount of money available for a specific State Department lending program in 2024. The bill places a maximum limit on funds that can be used or set aside for direct loans through the Repatriations Loans Program Account (a program that provides loans related to bringing people back to their home country).
Who It Affects
The Department of State is directly affected by this bill's spending limit.
Key Provisions
• The Department of State cannot spend more than $1,300,000 on direct loans for the Repatriations Loans Program Account in fiscal year 2024. (Sec. 1)
What Changes
If this becomes law, the maximum amount of money available for the Repatriations Loans Program Account direct loans in fiscal year 2024 becomes $1,300,000. Any money authorized or available beyond this amount cannot be used for this program in that year.
Important Definitions
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
It is not legal advice. Always consult the official bill text on Congress.gov
or a qualified attorney for legal matters.