To provide for a limitation on availability of funds for US Department of Agriculture, Rural Business-Cooperative Service, Rural Business Program Account for fiscal year 2024.
Source: Congress.gov ·
246 words in original text
What This Bill Does
This bill puts a spending cap on one federal program. It says the US Department of Agriculture's Rural Business-Cooperative Service cannot spend more than a certain amount of money in 2024.
Who It Affects
The US Department of Agriculture's Rural Business-Cooperative Service is directly affected. Anyone or any business that receives funding or services from this program may be indirectly affected.
Key Provisions
• The Rural Business Program Account may not receive more than $65,040,000 for fiscal year 2024, no matter what other laws say. (Sec. 1)
What Changes
If this bill becomes law, the Rural Business Program Account will have a maximum spending limit of $65,040,000 for fiscal year 2024. Any amounts that would normally be available above this limit cannot be used.
Important Definitions
Rural Business-Cooperative Service: Not specified in bill text
Effective Date
Not specified 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.