Us Congress House Bill HB2294

Us Congress 2023-2024 Regular Session

• Introduced: 3/29/23
• Refer: 3/29/23
• Refer: 5/15/23

Caption

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.

Impact

The implications of HB 2294 on state laws may revolve around fiscal guidelines for agricultural support at the federal level. By capping the funds, the bill may influence how effectively the Department of Agriculture can respond to agricultural challenges and assist farmers and food programs. This could potentially lead to impacts on state-level agricultural initiatives or programs that depend on federal support mechanisms.

Summary

House Bill 2294 aims to impose a limitation on the availability of funds for the U.S. Department of Agriculture's Food Assistance and related programs for the fiscal year 2024. Specifically, the bill sets the appropriations for the Commodity Credit Corporation's Export (Loans) Credit Guarantee Program Account at a maximum of $6,063,000. This funding constraint reflects an ongoing discussion about fiscal responsibility and priorities within agriculture and food assistance sectors.

Contention

As discussions around the bill unfold, points of contention may arise regarding the adequacy of funding for crucial agriculture and food assistance programs. Stakeholders invested in these sectors might argue that limiting funds could hinder support during critical times, such as natural disasters or economic downturns in the agricultural market. Critics of the bill may advocate for preserving or even increasing funding to ensure food security and maintain agricultural productivity.