Pipeline · Bill → Law
Step 1
Introduced
Jul 11, 2023
Step 2
Referred
Jul 11, 2023
Agriculture, Nutrition, and Forestry
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill requires specific congressional authorization in order for the Commodity Credit Corporation (CCC) to use its general powers and funds. (The CCC serves as a mandatory funding mechanism for agricultural programs.) Beginning on the date of the bill's enactment, any unobligated CCC funds held by the CCC or the Department of Agriculture (USDA) for operations not specifically authorized or provided for by Congress must be (1) transferred to the Treasury, and (2) permanently rescinded. The bill also specifies that the CCC may not borrow money to reimburse the CCC for, or carry out, any operations not specifically authorized or provided for by Congress. (The CCC Charter Act enables the...
Timeline · 2 actions
Jul 11, 2023
Introduced in Senate
Jul 11, 2023
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.