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Rural Cooperative Development Grants: Funding Cap for 2024

This bill limits the funds available for programs supporting rural cooperatives and businesses in 2024. This means less money will be accessible for initiatives aimed at job creation and economic growth in these areas. It could impact the availability of support for local entrepreneurs and rural communities.
Key points
The maximum amount for rural cooperative development grants in 2024 will be capped at $27.6 million.
Reduced funding may lead to fewer new projects and job opportunities in rural areas.
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Expired
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Additional Information
Print number: 118_HR_2281
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To provide for a limitation on availability of funds for US Department of Agriculture, Rural Business-Cooperative Service, Rural Cooperative Development Grants for fiscal year 2024.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2281.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-29.

What are the main provisions?

Key points include:

  • The maximum amount for rural cooperative development grants in 2024 will be capped at $27.6 million.
  • Reduced funding may lead to fewer new projects and job opportunities in rural areas.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Biggs, Andy [R-AZ-5].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Agriculture Public Investments Economy