To offer persistent poverty counties and political subdivisions of such counties the opportunity to have their rural development loans restructured.
USA116th CongressHR-2228| House
| Updated: 5/7/2019
G. K. Butterfield
Democratic Representative
North Carolina
Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee, Financial Services Committee, Communications and Technology Subcommittee, Energy and Commerce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill allows persistent poverty counties and political subdivisions of the counties to restructure certain Department of Agriculture rural development loans so that the interest rate is 0% and the loan term is 40 years. A "persistent poverty county" is a county that has had at least 20% of its population living in poverty over the past 30 years, as measured by the 1990, 2000, and 2010 decennial censuses.
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Timeline
Introduced in House
Referred to the Committee on Agriculture, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Communications and Technology.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Agriculture and Food
Census and government statisticsGovernment lending and loan guaranteesPoverty and welfare assistanceRural conditions and development
To offer persistent poverty counties and political subdivisions of such counties the opportunity to have their rural development loans restructured.
USA116th CongressHR-2228| House
| Updated: 5/7/2019
This bill allows persistent poverty counties and political subdivisions of the counties to restructure certain Department of Agriculture rural development loans so that the interest rate is 0% and the loan term is 40 years. A "persistent poverty county" is a county that has had at least 20% of its population living in poverty over the past 30 years, as measured by the 1990, 2000, and 2010 decennial censuses.
View Full TextSuggested Questions
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Timeline
Introduced in House
Referred to the Committee on Agriculture, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Communications and Technology.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
G. K. Butterfield
Democratic Representative
North Carolina
Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee, Financial Services Committee, Communications and Technology Subcommittee, Energy and Commerce Committee
Agriculture and Food
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Census and government statisticsGovernment lending and loan guaranteesPoverty and welfare assistanceRural conditions and development