[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2244 Introduced in Senate (IS)]
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118th CONGRESS
1st Session
S. 2244
To amend the Commodity Credit Corporation Charter Act to require
specific congressional authorization for use of the Commodity Credit
Corporation, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
July 11, 2023
Mr. Grassley (for himself, Mr. Marshall, and Mr. Braun) introduced the
following bill; which was read twice and referred to the Committee on
Agriculture, Nutrition, and Forestry
_______________________________________________________________________
A BILL
To amend the Commodity Credit Corporation Charter Act to require
specific congressional authorization for use of the Commodity Credit
Corporation, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``USDA Spending Accountability Act of
2023''.
SEC. 2. SPECIFIC AUTHORIZATION REQUIRED FOR USE OF COMMODITY CREDIT
CORPORATION.
Section 5 of the Commodity Credit Corporation Charter Act (15
U.S.C. 714c) is amended to read as follows:
``SEC. 5. SPECIFIC AUTHORIZATION REQUIRED FOR USE OF GENERAL POWERS.
``(a) In General.--In the fulfillment of the purposes of the
Corporation and in carrying out the annual budget programs of the
Corporation submitted to and approved by Congress pursuant to chapter
91 of title 31, United States Code, the Corporation may use the general
powers and funds of the Corporation only to carry out such operations
as Congress may specifically authorize or provide for.
``(b) Reimbursement Required.--If on or after the date of enactment
of the USDA Spending Accountability Act of 2023, the Corporation, the
Department of Agriculture, or the Secretary holds or transfers any
unobligated funds of the Corporation that are designated for carrying
out, or committed to carry out, operations that Congress has not
specifically authorized or provided for--
``(1) the Corporation or the Secretary shall transfer those
unobligated funds to the Secretary of the Treasury for deposit
in the general fund of the Treasury; and
``(2) those amounts shall be permanently rescinded.''.
SEC. 3. EXCEPTION TO BORROWING AUTHORITY.
Section 4(i) of the Commodity Credit Corporation Charter Act (15
U.S.C. 714b(i)) is amended by adding at the end the following: ``The
Corporation may not borrow money pursuant to this subsection to
reimburse the Corporation for, or carry out, any operations that
Congress has not specifically authorized or provided for.''.
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