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H.R. 4768, No Russian Agriculture Act (CBO Report for Congress)

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Congress 118th
Date Requested July 26, 2023
Requested By House Committee on Financial Services
Date Sent Aug. 7, 2023
Description:
H.R. 4768 would require the Department of the Treasury to influence international financial institutions such as the World Bank to support and encourage private investment in projects that reduce reliance on Russian agricultural commodities and to improve the resilience of global grain supplies. CBO estimates that implementing the bill would cost less than $500,000 over the 2023-2028 period. Any spending would be subject to the availability of appropriated funds.

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