S 4354
A bill to require the Secretary of Agriculture to make recourse loans available to commercial processors of dairy products during the COVID-19 pandemic, and for other purposes.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill aims to help dairy processors struggling due to the COVID-19 pandemic by providing them with recourse loans. These loans can cover up to the value of their dairy product inventory, helping them maintain operations and prevent spoilage. The Secretary of Agriculture will administer the loans, and the bill allocates $500 million to fund the program. It also designates the funding as an emergency requirement.
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.