HR 1246 119th Congress
Investing in Rural America Act of 2025
To amend the Farm Credit Act of 1971 to provide support for facilities providing healthcare, education, child care, public safety, and other vital services in rural areas.
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Bill journey
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Introduction Congress.gov
Introduced
Introduced in the House.
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Referred to the House Committee on Agriculture.
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Introduced in House
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Introduced in House
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Introduced in House
A dated text-version record is available.
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Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
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Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
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| Date and time | Record | Official detail | Source |
|---|---|---|---|
| IntroductionIntroduced | Introduced in the House. | Congress.gov | |
| Official actionReferred to the House Committee on Agriculture. | No additional detail supplied.IntroReferral · House floor actions · Code H11100 | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code Intro-H | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code 1000 | Congress.gov | |
| Text versionIntroduced in House | A dated text-version record is available. | Congress.gov | |
| Official actionReferred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. | No additional detail supplied.Committee · House committee actions · Code H11000 | Congress.gov | |
| Official actionReferred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. | No additional detail supplied.Committee · House committee actions · Code H11000 | Congress.gov |
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Congressional Research Service
CRS summary
Investing in Rural America Act of 2025This 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.
Official documents
Text versions
- Introduced in HouseFeb 12, 2025