The Senate Appropriations Committee released its FY2021 funding bills Tuesday, with several containing funding for credit union priorities. Funding for the federal government is scheduled to expire Dec. 11.
The State and Foreign Operations (SFOPs) bill contains $20 million for the U.S. Agency for International Development’s Cooperative Development Program (CDP). The House-passed SFOPS bill funds the CDP at $17 million.
CUNA supports funding for the program, a global initiative that focuses on building capacity of cooperative businesses and cooperative systems for self-reliance, local ownership, and sustainability.
The Financial Services and General Government bill: