To amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure development, and for other purposes.
Sponsored By: Representative Poliquin, Bruce [R-ME-2]
Unknown
Summary
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Poliquin, Bruce [R-ME-2]
ME • R
Cosponsors
Rep. Scott, David [D-GA-13]
GA • D
Sponsored 2/12/2016
Rep. Messer, Luke [R-IN-6]
IN • R
Sponsored 4/18/2016
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 5/11/2016
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 5/11/2016
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 5/18/2016
Rep. Ross, Dennis A. [R-FL-15]
FL • R
Sponsored 5/18/2016
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 5/23/2016
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 5/24/2016
Rep. Williams, Roger [R-TX-25]
TX • R
Sponsored 6/9/2016
Rep. Hill, J. French [R-AR-2]
AR • R
Sponsored 6/9/2016
Rep. Duffy, Sean P. [R-WI-7]
WI • R
Sponsored 6/9/2016
Rep. Moore, Gwen [D-WI-4]
WI • D
Sponsored 7/14/2016
Rep. Zinke, Ryan K. [R-MT-1]
MT • R
Sponsored 9/14/2016
Rep. Lucas, Frank D. [R-OK-3]
OK • R
Sponsored 9/20/2016
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov