S 4099 · 118th Congress · Agriculture and Food
Food Supply Chain Capacity and Resiliency Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2024-04-10)
Plain Language Summary
[AI summary unavailable — showing source text]
Food Supply Chain Capacity and Resiliency Act This bill allows the Department of Agriculture (USDA) to expand the Food Supply Chain Guaranteed Loan Program. The program may guarantee loans to support new investments in the start-up or expansion of projects in the United States that will increase U.S. food supply chain capacity to aggregate, process, manufacture, store, transport, wholesale, or distribute food. In awarding loan guarantees under this bill, USDA must give preference to loans for projects that create jobs in economically distressed communities or to help create a more resilient, diverse, and secure U.S. food supply chain. USDA must prescribe such regulations as may be necessary to carry out this program. The bill specifies that USDA must use the amounts made available to carry out this bill to supplement, and not supplant, funds provided under other federal, state, or local law.…
Summarized by Claude AI · Non-partisan · For informational purposes only