H.R. 1246 · 119th Congress
Investing in Rural America Act of 2025
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FischbachSponsor26 cosponsors · 11 D, 15 R
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Davis
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Finstad
SB
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Bishop
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Mann
ES
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Sorensen
NN
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(Nikki) Budzinski
EV
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Vindman
RW
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Wittman
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(Zach) Nunn
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Tokuda
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Van Orden
JC
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Crockett
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Wied
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Valadao
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Tiffany
PS
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Stauber
JH
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Harder
AM
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McClain Delaney
MA
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Alford
JB
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Baird
KC
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Cammack
PJ
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José Hernández Rivera
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McDonald Rivet
CM
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Mills
GB
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Bilirakis
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Fine2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Feb 12, 2025
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Investing in Rural America Act of 2025
Latest action (Mar 20, 2025): Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Policy area: Agriculture and Food · Origin: House · Introduced: Feb 12, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.