To amend the Commodity Credit Corporation Charter Act to raise the borrowing limit of the Commodity Credit Corporation.

Bill: 116-hr-6728
Sponsor: full_name: Rep. Scott, Austin [R-GA-8]
Introduced: 2020-05-05
Policy area: Agriculture and Food
Subjects: Agricultural prices, subsidies, credit

Commodity Credit Corporation

Government corporations and government-sponsored enterprises

Government lending and loan guarantees
Latest action: action_date: 2020-05-05
text: Referred to the House Committee on Agriculture.

Summaries:
action_date: 2020-05-05
action_desc: Introduced in House
text: <p>This bill raises the borrowing limit of the Commodity Credit Corporation from $30 billion to $68 billion.</p>

tv_txt: I 116th CONGRESS 2d Session H. R. 6728 IN THE HOUSE OF REPRESENTATIVES May 5, 2020 Mr. Austin Scott of Georgia (for himself, Mr. Bishop of Georgia , Mr. Johnson of South Dakota , Mr. Allen , and Mr. Marshall ) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Commodity Credit Corporation Charter Act to raise the borrowing limit of the Commodity Credit Corporation.

1. Raising the borrowing limit of the Commodity Credit Corporation Section 4(i) of the Commodity Credit Corporation Charter Act ( 15 U.S.C. 714b(i) ) is amended by striking $30,000,000,000 and inserting $68,000,000,000 .