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Strengthening Food Supply Chain: Loan Guarantees for Processing and Distribution.

This law aims to increase the security and stability of the US food supply by supporting businesses involved in processing, storage, and transportation. Citizens can expect more reliable access to food and potentially greater product diversity in the market. The program offers loan guarantees up to $80 million for projects that create new jobs, especially in economically distressed areas.
Key points
The government guarantees loans up to $80 million for businesses expanding food storage, processing, and transportation capacity.
Priority is given to projects that create jobs in economically distressed communities.
Up to $29 million annually is authorized for the program from 2024 through 2028 to strengthen the domestic supply chain.
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Additional Information
Print number: 118_HR_4873
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2023-07-25
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Food Supply Chain Capacity and Resiliency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4873.

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 2023-07-25.

What are the main provisions?

Key points include:

  • The government guarantees loans up to $80 million for businesses expanding food storage, processing, and transportation capacity.
  • Priority is given to projects that create jobs in economically distressed communities.
  • Up to $29 million annually is authorized for the program from 2024 through 2028 to strengthen the domestic supply chain.
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. Khanna, Ro [D-CA-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Agriculture.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Agriculture Public Investments Economy