House Bill 2228
116th Congress(2019-2020)
To offer persistent poverty counties and political subdivisions of such counties the opportunity to have their rural development loans restructured.
Introduced
Introduced in House on Apr 10, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2228
Congress
116
Policy Area
Agriculture and Food
Agriculture and Food
Primary focus of measure is agricultural practices; agricultural prices and marketing; agricultural education; food assistance or nutrition programs; food industry, supply, and safety; aquaculture; horticulture and plants. Measures concerning international trade in agricultural products may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This bill allows persistent poverty counties and political subdivisions of the counties to restructure certain Department of Agriculture rural development loans so that the interest rate is 0% and the loan term is 40 years.
A "persistent poverty county" is a county that has had at least 20% of its population living in poverty over the past 30 years, as measured by the 1990, 2000, and 2010 decennial censuses.
April 10, 2019
05/07/2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
04/11/2019
Referred to the Subcommittee on Communications and Technology.
04/10/2019
Referred to the Committee on Agriculture, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
04/10/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 7:32:18 PM