118 HR 4873 IH: Food Supply Chain Capacity and Resiliency Act U.S. House of Representatives 2023-07-25 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS1st SessionH. R. 4873IN THE HOUSE OF REPRESENTATIVESJuly 25, 2023Mr. Khanna (for himself, Mr. Miller of Ohio, Ms. Brown, and Mr. Molinaro) introduced the following bill; which was referred to the Committee on AgricultureA BILLTo increase the capacity of the food supply chain in the United States, and create a more resilient, diverse, and secure United States food supply chain, by codifying and expanding the Food Supply Chain Guaranteed Loan Program.

1.

Short title

This Act may be cited as the Food Supply Chain Capacity and Resiliency Act.

2.

Food Supply Chain Guaranteed Loan Program

(a)

In general

The Secretary of Agriculture (in this section referred to as the Secretary) may guarantee loans of not more than $80,000,000 made to support new investments in the start-up or expansion of projects in the United States that will increase the capacity of the food supply chain in the United States to aggregate, process, manufacture, store, transport, wholesale, or distribute food. (b)

Priorities

In awarding loan guarantees under this section, the Secretary shall, when the amount available to carry out this section is less than the total of the amounts requested by applications under this section, give preference to loans for projects— (1)that create jobs in economically distressed communities; or (2)as the Secretary deems appropriate to help create a more resilient, diverse, and secure United States food supply chain. (c)

Nonsupplantation of other funds

The Secretary shall use the amounts made available to carry out this section to supplement, and not supplant, funds provided under other Federal law or a State or local law. (d)

Regulations

The Secretary shall prescribe such regulations as may be necessary to carry out this section. (e)

Limitation on authorization of appropriations

(1)

In general

To carry out this section, there are authorized to be appropriated to the Secretary not more than $29,000,000 for each of fiscal years 2024 through 2028. (2)

Administration

Not more than $4,000,000 of the amounts provided under paragraph (1) for each of fiscal years 2024 through 2028 may be used by the Secretary for administrative purposes. (3)

Availability

Amounts made available under paragraph (1) are authorized to remain available until expended. (f)

Conforming amendment

Section 1001(b)(4) of the American Rescue Plan Act of 2021 (7 U.S.C. 7501 note) is amended by inserting , except that this paragraph shall not be interpreted to authorize the Secretary to carry out any activity authorized by the Food Supply Chain Capacity and Resiliency Act before the period. (g)

Effective date

This section shall take effect 90 days after the date of the enactment of this Act.