H.R. 2228: To offer persistent poverty counties and political subdivisions of such counties the opportunity to have their rural development loans restructured.

116th Congress · introduced 2019-04-10 · Agriculture and Food · Latest: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

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Where it came from: introduced 2019-04-10 · official record
Who proposed it: Rep. Butterfield, G. K. [D-NC-1] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

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

Plain 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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

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

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Butterfield, G. K. [D-NC-1] · 0 cosponsors

Cost estimate: No cost estimate published yet.

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Words on this page, explained (1)

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Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr2228.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr2228 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116