To offer persistent poverty counties and political subdivisions of such counties the opportunity to have their rural development loans restructured.

United States116th CongressHR-2228House of Representatives
Updated: May 7, 2019

Summary

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.

Bill texts

Available versions
Introduced (House)View official text

1 version available

All available records shown.

Timeline

  1. 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.

    House of Representatives

  2. Introduced in House

  3. Referred to the Subcommittee on Communications and Technology.

    House of Representatives

  4. Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

    House of Representatives

All available records shown.