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- H.R.2228
H.R.2228: To offer persistent poverty counties and political subdivisions of such counties the opportunity to have their rural development loans restructured.
About This Bill
- Introduced April 10, 2019
- Latest Major Action May 7, 2019
Bill Sponsor
Bill Version
- Introduced in House - April 10, 2019
Bill 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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| May 7, 2019 |
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
|
| April 11, 2019 |
Referred to the Subcommittee on Communications and Technology.
|
| April 10, 2019 |
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.
|
| April 10, 2019 |
Introduced in the House by G. K. Butterfield (D-N.C.) |