119th Congress Agriculture and Food
H.R. 1246: Investing in Rural America Act of 2025
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill allows Farm Credit System (FCS) institutions to make and participate in loans and commitments (and extend other technical and financial assistance) for essential community facility projects as part of the Department of Agriculture's Community Facilities Direct Loan & Grant Program. This program provides funding to develop essential community facilities in rural areas.
The FCS financing and technical assistance may be provided in order to make capital available to develop, build, maintain, improve, or provide related equipment or other support for essential community facilities in rural communities (e.g., certain facilities that provide healthcare, community support, public safety, educational, or utility services).
Under the bill, the financing provided by an FCS institution may not exceed 15% of the total of all outstanding loans of the institution. Further, an FCS institution must (1) offer at least one non-FCS lending institution an interest in the financing under reasonable terms and conditions acceptable to the borrower, and (2) report the offer to the Farm Credit Administration (FCA).
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The FCA must submit an annual report to Congress on the activities undertaken by FCS institutions under this bill, including through the partnerships between FCS institutions and other lending institutions. The FCA must post the report on the administration's website.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Donald Davis D-NCOriginal
- Brad Finstad R-MNOriginal
- Sanford Bishop D-GA
- Tracey Mann R-KS
- Eric Sorensen D-IL
- Nicole (Nikki) Budzinski D-IL
- Eugene Vindman D-VA
- Robert Wittman R-VA
- Zachary (Zach) Nunn R-IA
- Jill Tokuda D-HI
- Derrick Van Orden R-WI
- Jasmine Crockett D-TX
- Tony Wied R-WI
- David Valadao R-CA
- Thomas Tiffany R-WI
- Pete Stauber R-MN
- Josh Harder D-CA
- April McClain Delaney D-MD
- Mark Alford R-MO
- James Baird R-IN
- Katherine Cammack R-FL
- Pablo José Hernández Rivera D-PR
- Kristen McDonald Rivet D-MI
- Cory Mills R-FL
- Gus Bilirakis R-FL
- Randall Fine R-FL
Who scored on this bill
- 1Michelle Fischbach SponsorDrew cross-party cosponsors, introduced, reached a cosponsor milestone3 events+12
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Introduced in the House by Michelle Fischbach.
Show the full action history (4 actions)
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Introduced in House
- Referred to the House Committee on Agriculture.