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.
Source: Congress.gov ·
277 words in original text
What This Bill Does
This bill sets a spending limit on federal money for a specific Agriculture Department program. The bill caps how much money can be spent on the Commodity Credit Corporation Export Credit Guarantee Program in fiscal year 2024.
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Who It Affects
The U.S. Department of Agriculture and the programs it manages under the Commodity Credit Corporation.
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Key Provisions
* The maximum amount available for the Commodity Credit Corporation Export Credit Guarantee Program Account for fiscal year 2024 is set at a specific dollar amount (Sec. 1)
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What Changes
If this bill becomes law, the Agriculture Department cannot spend more than the limit stated in the bill for this export credit program in fiscal year 2024.
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Important Definitions
* Commodity Credit Corporation (a USDA agency that provides loans and credit guarantees for agricultural exports): Not further defined in bill text
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Effective Date
Not specified in bill text
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