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Bill · HR

H.R. 1246 (119th)

Investing in Rural America Act of 2025

Original

referredUnited States· United States Congress· EN

Introduced

12 February 2025

Last action

20 March 2025 · Referred

Status

Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Sponsors

Rep. Fischbach, Michelle [R-MN-7], Rep. Finstad, Brad [R-MN-1], Donald Davis, Sanford Bishop, Rep. Mann, Tracey [R-KS-1], Eric Sorensen, Nikki Budzinski, Rep. Wittman, Robert J. [R-VA-1], Rep. Vindman, Eugene Simon [D-VA-7], Rep. Nunn, Zachary [R-IA-3], Jill Tokuda, Rep. Van Orden, Derrick [R-WI-3], Jasmine Crockett, Rep. Wied, Tony [R-WI-8], David Valadao, Rep. Tiffany, Thomas P. [R-WI-7], Rep. Stauber, Pete [R-MN-8], Josh Harder, April McClain Delaney, James Baird, Mark Alford, Rep. Cammack, Kat [R-FL-3], Rescom. Hernández, Pablo Jose [D-PR-At Large], Kristen McDonald Rivet, Cory Mills, Rep. Bilirakis, Gus M. [R-FL-12], Rep. Fine, Randy [R-FL-6]

Subjects

Healthcare, Agriculture, Education

Source updated

10 March 2026

Healthcare · Agriculture · Education

Official sourceDownload fileView documentsShare

Summary

Investing in Rural America Act of 2025 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). 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 February 2025

    Introduced

    Referred to the House Committee on Agriculture.

    Source: IntroReferral

  2. 12 February 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 February 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 20 March 2025

    Referred

    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

Sponsors

Related records

Sources

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