3.0.0
1063
2025-11-18T09:05:34Z
2025-11-18T09:05:34Z
House
H
HR
2025-02-06
119
https://www.congress.gov/bill/119th-congress/house-bill/1063
[Congressional Record Volume 171, Number 25 (Thursday, February 6, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FINSTAD:H.R. 1063.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18[Page H556]
- hsag00
Agriculture Committee
House
Standing
  - hsag16
General Farm Commodities, Risk Management, and Credit Subcommittee
    - Referred to
2025-03-07T17:20:28Z
  - Referred To
2025-02-06T15:04:25Z
- hsba00
Financial Services Committee
House
Standing
  - Referred To
2025-02-06T15:04:30Z
- 2025-03-07
  - hsag16
General Farm Commodities, Risk Management, and Credit Subcommittee
1
House committee actions
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Committee
- 2025-02-06
Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2025-02-06
Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsag00
Agriculture Committee
- 2025-02-06
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2025-02-06
Introduced in House
IntroReferral
1000
9
Library of Congress
- F000475
Rep. Finstad, Brad [R-MN-1]
Brad
Finstad
R
MN
1
N
- P000613
Rep. Panetta, Jimmy [D-CA-19]
Jimmy
Panetta
D
CA
19
2025-02-06
True
- M001211
Rep. Miller, Mary E. [R-IL-15]
Mary
Miller
R
IL
E.
15
2025-02-06
True
- B001307
Rep. Baird, James R. [R-IN-4]
James
Baird
R
IN
R.
4
2025-02-06
True
- F000470
Rep. Fischbach, Michelle [R-MN-7]
Michelle
Fischbach
R
MN
7
2025-02-06
True
- M001194
Rep. Moolenaar, John R. [R-MI-2]
John
Moolenaar
R
MI
R.
2
2025-02-06
True
- S001224
Rep. Self, Keith [R-TX-3]
Keith
Self
R
TX
3
2025-02-07
False
- S001212
Rep. Stauber, Pete [R-MN-8]
Pete
Stauber
R
MN
8
2025-02-10
False
- H001058
Rep. Huizenga, Bill [R-MI-4]
Bill
Huizenga
R
MI
4
2025-04-24
False
- B001301
Rep. Bergman, Jack [R-MI-1]
Jack
Bergman
R
MI
1
2025-07-15
False
- G000605
Rep. Gray, Adam [D-CA-13]
Adam
Gray
D
CA
13
2025-09-03
False
- V000138
Rep. Vindman, Eugene Simon [D-VA-7]
Eugene
Vindman
D
VA
Simon
7
2025-09-16
False
- B001327
Rep. Bresnahan, Robert P. [R-PA-8]
Robert
Bresnahan
R
PA
P.
8
2025-10-17
False
- B001282
Rep. Barr, Andy [R-KY-6]
Andy
Barr
R
KY
6
2025-11-17
False
Agriculture and Food
Agriculture and Food
2025-03-20T18:32:06Z
00
2025-02-06
Introduced in House
2025-03-26T13:48:29Z
Farm Credit Administration Independent Authority Act
This bill specifies that the Farm Credit Administration (FCA) is the sole regulator of the Farm Credit System (FCS) and establishes reporting requirements for FCS institutions (i.e., lenders).
Specifically, the bill states that the FCA is the sole and independent regulator of the FCS and exempts entities that are supervised by the FCA from the Equal Credit Opportunity Act (ECOA).
As background, the bill addresses a rule issued by the Consumer Financial Protection Bureau (CFPB) that implements provisions of the ECOA by requiring covered financial institutions, including FCS institutions, to collect and report to the CFPB data on credit applications for small businesses, including the principal owner's race, sex, and ethnicity. This 2023 rule has been challenged in court.
The bill also requires FCS institutions to (1) request that loan applicants and borrowers that are small farmers disclose information identifying their race, sex, and ethnicity; and (2) annually report the collected information to the FCA. The FCA must make the collected information available to the public on annual basis. If an FCS institution customer does not voluntarily report the requested information, the FCA may not require the institution to use other means to deduce the information.
In addition, the bill specifies that FCS institutions shall not be required to comply with the bill's requirements if financial institutions are not required to comply with the CFPB rule due to a court invalidating the rule or a repeal of the rule.

Farm Credit Administration Independent Authority Act
- Display Title
45

Farm Credit Administration Independent Authority Act
2025-07-17T11:31:08Z
- Short Title(s) as Introduced
101

Farm Credit Administration Independent Authority Act
2025-03-06T03:08:22Z
Introduced in House
IH
- Official Title as Introduced
6

To affirm that the Farm Credit Administration is the sole and independent regulator of the Farm Credit System.
2025-03-06T03:03:37Z
Introduced in House
IH
- Introduced in House
2025-02-06T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr1063ih/xml/BILLS-119hr1063ih.xml
2025-03-07
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
text/xml
EN
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