Food Supply Chain Capacity and Resiliency Act
- Last Action
- 7/25/2023
Actions
- 2023-07-25Referred to the House Committee on Agriculture.
- 2023-07-25Introduced in House
- 2023-07-25Introduced in House
CRS Summary
As of 2023-07-25 (00)
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.
Cosponsors (13)
- Max Miller (R-OH)
- Shontel Brown (D-OH)
- Marcus Molinaro (R-NY)
- Brian Fitzpatrick (R-PA)
- Jasmine Crockett (D-TX)
- Nicole Malliotakis (R-NY)
- Julia Brownley (D-CA)
- Michael Lawler (R-NY)
- Chellie Pingree (D-ME)
- Andrew Garbarino (R-NY)
- Wiley Nickel (D-NC)
- Zachary Nunn (R-IA)
- Mike Levin (D-CA)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.