HR 4873 118th Congress House Agriculture and Food

Food Supply Chain Capacity and Resiliency Act

Introduced: July 25, 2023 Introduced by: Khanna, Ro Democratic · California See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 25, 2023

Referred to the House Committee on Agriculture.

Jul 25, 2023

Introduced in House

Plain-English summary Congressional Research Service

Food Supply Chain Capacity and Resiliency Act

This bill allows the Department of Agriculture (USDA) to expand the Food Supply Chain Guaranteed Loan Program. The program may guarantee loans to support new investments in the start-up or expansion of projects in the United States that will increase U.S. food supply chain capacity to aggregate, process, manufacture, store, transport, wholesale, or distribute food.

In awarding loan guarantees under this bill, USDA must give preference to loans for projects that create jobs in economically distressed communities or to help create a more resilient, diverse, and secure U.S. food supply chain.

USDA must prescribe such regulations as may be necessary to carry out this program.

The bill specifies that USDA must use the amounts made available to carry out this bill to supplement, and not supplant, funds provided under other federal, state, or local law.

What's happening now July 25, 2023

Referred to the House Committee on Agriculture.

Committees of jurisdiction 1