House Agriculture Appropriations Subcommittee Approves Agriculture Spending Bill; Includes $2.5 Billion for RD Programs

Posted on: June 19th, 2015 by NADO Admin

This week, the House Agriculture Appropriations Subcommittee approved their version of the fiscal year (FY) 2016 Agriculture Appropriations bill.  The legislation funds the U.S. Department of Agriculture. The bill totals $20.65 billion in discretionary funding, which is $175 million lower than current levels and $1.1 billion below the President’s budget request.

The bill provides a total of $2.5 billion for rural development programs, which is $86 million above current levels.  The bill includes $920 million for business and industry loans, which is level with current funding.  The bill provides $1.25 billion for rural water and waste program loans, level with current funding and $474 million for grants and costs, which is an increase of $9 million above current levels.  In addition, $6.2 billion is provided for rural electric and telephone infrastructure loans, which is level with current funding.

The bill now heads to the full House Appropriations Committee for consideration.  Click here (http://appropriations NULL.pdf) to view the draft bill.

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