To provide for a limitation on availability of funds for US Department of Agriculture, Native Americans Institutions Endowment Fund for fiscal year 2024.
Source: Congress.gov ·
236 words in original text
What This Bill Does
This bill sets a spending limit on money available to the US Department of Agriculture's Native Americans Institutions Endowment Fund for the year 2024. The bill prevents that program from spending more than a specific amount regardless of other laws that might authorize additional funding.
Who It Affects
The US Department of Agriculture and the Native Americans Institutions Endowment Fund (a program that provides financial support to institutions serving Native American students).
Key Provisions
- Money available for the US Department of Agriculture's Native Americans Institutions Endowment Fund cannot exceed $11,880,000 for fiscal year 2024. (Sec. 1)
What Changes
If this bill becomes law, the Native Americans Institutions Endowment Fund will have a maximum spending cap of $11,880,000 for fiscal year 2024, even if other laws previously authorized higher spending amounts.
Important Definitions
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
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