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

This law aims to boost US food security and stability by supporting infrastructure investments. It establishes a guaranteed loan program, offering up to $80 million for businesses expanding food processing, storage, and distribution capacity. The program prioritizes projects that create jobs in economically struggling areas, ultimately aiming for a more reliable food supply for consumers.
Key points
The government guarantees loans up to $80 million to finance new or expanded food supply chain projects (processing, storage, transport).
The goal is to make the national food supply more resilient against disruptions, helping to prevent shortages and price volatility for consumers.
Preference is given to projects that generate employment in communities facing economic hardship.
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Expired
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Additional Information
Print number: 118_S_4099
Sponsor: Sen. Brown, Sherrod [D-OH]
Process start date: 2024-04-10
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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_S_4099.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-04-10.

What are the main provisions?

Key points include:

  • The government guarantees loans up to $80 million to finance new or expanded food supply chain projects (processing, storage, transport).
  • The goal is to make the national food supply more resilient against disruptions, helping to prevent shortages and price volatility for consumers.
  • Preference is given to projects that generate employment in communities facing economic hardship.
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 Sen. Brown, Sherrod [D-OH].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Agriculture Economy Public Investments