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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