S 4354
116th Congress
Senate
Agriculture and Food
Agricultural marketing and promotion
Agricultural prices, subsidies, credit
Cardiovascular and respiratory health
Emergency medical services and trauma care
Food industry and services
Infectious and parasitic diseases
A bill to require the Secretary of Agriculture to make recourse loans available to commercial processors of dairy products during the COVID-19 pandemic, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2020
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Jul 29, 2020
Introduced in Senate
Plain-English summary
This bill requires the Department of Agriculture to make recourse loans available to commercial processors, packagers, or merchandisers of dairy products during the COVID-19 (i.e., coronavirus disease 2019) pandemic.
The bill also provides funding for the loans and specifies that loans shall be provided to applicants for up to the value of the dairy product inventory of such applicants.
Dairy product inventory used as collateral for the recourse loan program shall be pledged on a rotating basis to prevent spoilage of perishable products.
What's happening now
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Committees of jurisdiction
1