118th Congress · HOUSE BILLBILL

H.R. 4873 — Food Supply Chain Capacity and Resiliency Act

“To increase the capacity of the food supply chain in the United States, and create a more resilient, diverse, and secure United States food supply chain, by codifying and expanding the Food Supply Chain Guaranteed Loan Program.”

Agriculture and food

Introduced Jul 25, 2023

Last action Jul 25, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 25, 2023

Step 2

Referred

Jul 25, 2023

Agriculture

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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 specifi...

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jul 25, 2023

Introduced in House

Jul 25, 2023

Referred to the House Committee on Agriculture.