118th Congress · SENATE BILLBILL

S. 2951Butcher Block Act of 2023

A bill to require the Secretary of Agriculture to establish a program to provide loans and loan guarantees to assist new and expanded meat processors and renderers, and for other purposes.

Agriculture and food
Introduced Sep 27, 2023
Last action Sep 27, 2023
Pipeline · Bill → Law
Step 1
Introduced
Sep 27, 2023
Step 2
Referred
Sep 27, 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 directs the Department of Agriculture (USDA) to provide loans, loan guarantees, and grants to assist and expand meat processing and rendering.  USDA must establish a loan and loan guarantee program for individuals and entities for the construction, expansion, modification, refurbishment, or re-equipping of meat processing facilities (with less than 500 employees) and rendering facilities (with less than 200 employees).  Those eligible for the program include (1) public, private, or cooperative organizations; (2) Indian tribes; and (3) individual farmers, ranchers, or business owners. The bill generally prohibits the amount of a loan or loan guarantee from exceeding $50 million....

Provisions · 3 sectionsIntroduced in Senate
Timeline · 2 actions
Sep 27, 2023
Introduced in Senate
Sep 27, 2023
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.