summary
Introduced
03/30/2023
03/30/2023
In Committee
04/25/2023
04/25/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To affirm that the Farm Credit Administration is the sole and independent regulator of the Farm Credit System.
AI Summary
This bill affirms that the Farm Credit Administration (FCA) is the sole and independent regulator of the Farm Credit System. It requires Farm Credit System institutions to collect and report demographic data on their small farmer, rancher, and aquatic product producer borrowers to the FCA annually. The bill also exempts entities supervised by the FCA from the Equal Credit Opportunity Act's requirement to report certain demographic data to the Consumer Financial Protection Bureau.
Committee Categories
Agriculture and Natural Resources
Sponsors (32)
Brad Finstad (R)*,
Mark Alford (R),
Jim Baird (R),
Jack Bergman (R),
Lisa Blunt Rochester (D),
Angie Craig (D),
Rick Crawford (R),
John Duarte (R),
Michelle Fischbach (R),
Russell Fry (R),
Vicente Gonzalez (D),
Bill Huizenga (R),
Ronny Jackson (R),
Trent Kelly (R),
Doug LaMalfa (R),
Nick Langworthy (R),
Lisa McClain (R),
Mary Miller (R),
John Moolenaar (R),
Alex Mooney (R),
Barry Moore (R),
Nathaniel Moran (R),
Zach Nunn (R),
Jimmy Panetta (D),
August Pfluger (R),
Mike Rogers (R),
Keith Self (R),
Lloyd Smucker (R),
Darren Soto (D),
Abigail Spanberger (D),
Pete Stauber (R),
David Valadao (R),
Last Action
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. (on 04/25/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/2423/all-info |
| BillText | https://www.congress.gov/118/bills/hr2423/BILLS-118hr2423ih.pdf |
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