United States African Development Foundation Dissolution Act
United States African Development Foundation Dissolution Act
Plain Language Summary
# United States African Development Foundation Dissolution Act - Summary **What the Bill Would Do:** This bill would shut down the United States African Development Foundation (USADF), a federal agency that currently provides grants and loans to small businesses and entrepreneurs in Africa. If passed, the bill would dissolve the organization and presumably transfer, redirect, or eliminate its functions and remaining funds. **Who It Affects:** The bill primarily affects African entrepreneurs and small business owners who currently receive funding through USADF programs. It would also impact USADF employees and U.S. foreign development priorities in Africa.
Additionally, it could affect U.S. private companies and organizations that partner with or benefit from USADF's development work. **Current Status:** The bill was introduced by Senator James Risch (R-ID) and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. No specific rationale was provided in the bill summary for why dissolution is being proposed.
Latest Action
Read twice and referred to the Committee on Foreign Relations.