United States Congress
RTCP Revitalization Act
May 24, 2023
Summary
H.R. 3657, the RTCP Revitalization Act, would amend the Food, Conservation, and Energy Act of 2008 to provide mandatory Commodity Credit Corporation funding for reimbursement payments to geographically disadvantaged farmers and ranchers, with annual amounts rising from $10 million in FY2024 to $15 million in FY2029 and thereafter. It also prohibits payment limitations for any fiscal year when available funding covers all applications received. This legislation is an agriculture bill and does not affect mortgage lending, servicing, or consumer financial regulation.
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Source: https://www.congress.gov/bill/118th-congress/hr-bill/3657
Common questions
- What does "RTCP Revitalization Act" cover?
- H.R. 3657, the RTCP Revitalization Act, would amend the Food, Conservation, and Energy Act of 2008 to provide mandatory Commodity Credit Corporation…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on May 24, 2023.