arrow_back Back to App

Limiting Funds for Economic Aid and Democracy Fund in 2024

This bill aims to cap government spending on economic assistance to other countries and the Democracy Fund for fiscal year 2024. This means less taxpayer money will be allocated to these specific purposes, potentially affecting the scope of U.S. activities abroad.
Key points
Sets a maximum spending limit of $157.7 million for Bilateral Economic Assistance and the Democracy Fund in 2024.
May lead to reduced U.S. financial support for development and democracy programs in other nations.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_2342
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To provide for a limitation on availability of funds for Bilaterial Economic Assistance, Democracy Fund 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_2342.

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:

  • Sets a maximum spending limit of $157.7 million for Bilateral Economic Assistance and the Democracy Fund in 2024.
  • May lead to reduced U.S. financial support for development and democracy programs in other nations.
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 House Committee on Foreign Affairs.

Is this summary verified?

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

CATEGORIES

Economy Public Investments