H.R. 4575 · 114th Congress
To amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure…
Full title
To amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure development, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PoliquinSponsor14 cosponsors · 4 D, 10 R
D
Scott
LM
R
Messer
JB
D
Beatty
BH
R
Huizenga
DR
R
Ross
TS
D
Sewell
BL
R
Luetkemeyer
SS
R
Stivers
SD
R
Duffy
JH
R
Hill
RW
R
Williams
GM
D
Moore
RZ
R
Zinke
FL
R
Lucas1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make investments related to rural infrastructure development.
What it does: CRS summary · Introduced in House · Feb 12, 2016
This bill amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to make investments related to rural infrastructure development. Federal Home Loan Banks may purchase investment-grade securities from nonmember lenders that are organized as cooperatives, have received financing from the Federal Financing Bank, and have experience providing loans to cooperatives eligible to receive loans from the Department of Agriculture's Rural Utilities Service.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure development, and for other purposes.
Latest action (Feb 12, 2016): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Feb 12, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.