A farm research foundation gets $37,000,000 within 30 days
What the document says“Not later than 30 days after the date of enactment of this clause, of the funds of the Commodity Credit Corporation, the Secretary shall transfer to the Foundation to carry out this section $37,000,000, to remain available until expended.”
The section adds a new clause (iv) to section 7601(g)(1)(A) of the Agricultural Act of 2014 (7 U.S.C. 5939(g)(1)(A)) requiring the Secretary, within 30 days of enactment, to transfer $37,000,000 of Commodity Credit Corporation funds to the Foundation for Food and Agriculture Research, to remain available until expended.
What the document actually says“Not later than 30 days after the date of enactment of this clause, of the funds of the Commodity Credit Corporation, the Secretary shall transfer to the Foundation to carry out this section $37,000,000, to remain available until expended.”
The Secretary must move $37 million within 30 days. It goes to a farm research foundation. The money stays there until it is spent.
The clock starts the day this law passes. The money comes from a federal lending body. The foundation is set up by an older law.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.