To permit the proceeds of certain agriculture grants to be used for a revolving loan fund, and for other purposes.
Referred to the House Committee on Agriculture.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jul 28, 2006
Permits any nonprofit corporation incorporated on March 14, 1995, to: (1) use the proceeds from certain grants awarded to it under the Consolidated Farm and Rural Development Act and the National Forest-Dependent Rural Communities Economic Diversification Act of 1990 to establish and operate a revolving loan fund; and (2) on dissolution of such fund, retain fund amounts.
States that such a fund shall remain in operation for a period ending not earlier than five years after the date of enactment of this Act.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 2, 2025. Consult Congress.gov for the current record.
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