Bill Summary
This legislation, also known as a bill, aims to restrict the amount of funds available for Bilateral Economic Assistance and assistance programs in Europe, Eurasia, and Central Asia for the fiscal year 2024. It states that the total amount allocated or available for these purposes cannot exceed $500 million, regardless of any other laws or provisions. This limitation is intended to control government spending and ensure that funds are allocated appropriately.
Possible Impacts
1. Limiting the amount of funds available for Bilateral Economic Assistance could potentially affect the recipients of this assistance, as they may not receive as much aid as they had previously expected or relied on.
2. The limitation on funds for Assistance for Europe, Eurasia, and Central Asia could impact the development and progress of these regions, as they may not have access to as many resources and support from the United States.
3. This legislation could also have a direct impact on the economy of the United States, as it sets a specific limit on the amount of funds that can be allocated for these types of assistance programs. This could affect the overall budget and financial resources of the country.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2343 Introduced in House (IH)]
<DOC>
118th CONGRESS
1st Session
H. R. 2343
To provide for a limitation on availability of funds for Bilateral
Economic Assistance, Assistance for Europe, Eurasia, and Central Asia
for fiscal year 2024.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 29, 2023
Mr. Biggs (for himself, Mr. Rosendale, Mr. Gaetz, Mr. Good of Virginia,
Mr. Roy, and Mr. Crane) introduced the following bill; which was
referred to the Committee on Foreign Affairs
_______________________________________________________________________
A BILL
To provide for a limitation on availability of funds for Bilateral
Economic Assistance, Assistance for Europe, Eurasia, and Central Asia
for fiscal year 2024.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. LIMITATION ON AVAILABILITY OF FUNDS FOR BILATERAL ECONOMIC
ASSISTANCE, ASSISTANCE FOR EUROPE, EURASIA, AND CENTRAL
ASIA FOR FISCAL YEAR 2024.
Notwithstanding any other provision of the law, amounts authorized
to be appropriated or otherwise available for Bilaterial Economic
Assistance, Assistance for Europe, Eurasia, and Central Asia for fiscal
year 2024 may not exceed $500,000,000.
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