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H.R. 2228 · 116th Congress

To offer persistent poverty counties and political subdivisions of such counties the opportunity to have…

Full title

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

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

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.

What it does: CRS summary · Introduced in House · Apr 10, 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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

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

Latest action (May 7, 2019): Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Policy area: Agriculture and Food · Origin: House · Introduced: Apr 10, 2019

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.