HR 6021 · 109th Congress · Agriculture and Food
To permit the proceeds of certain agriculture grants to be used for a revolving loan fund, and for other purposes.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Agriculture.(2006-07-28)
Plain Language Summary
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Permits any nonprofit corporation incorporated on March 14, 1995, to: (1) use the proceeds from certain grants awarded to it under the Consolidated Farm and Rural Development Act and the National Forest-Dependent Rural Communities Economic Diversification Act of 1990 to establish and operate a revolving loan fund; and (2) on dissolution of such fund, retain fund amounts. States that such a fund shall remain in operation for a period ending not earlier than five years after the date of enactment of this Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only