HR 4873 United States House · 118th Congress

Food Supply Chain Capacity and Resiliency Act

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2023
Committee Review
Floor Vote
President
Introduced Jul 25, 2023 Last action Jul 25, 2023
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 25, 2023
Committee
Referred to the House Committee on Agriculture.
lower
Jul 25, 2023
Introduced
Introduced in House
lower
1 primary · 13 co-sponsors

Sponsors