116-hr-7483116th Congress

Flexible Financing for Rural America Act of 2020

Sponsored By: Representative Hartzler, Vicky [R-MO-4]

Unknown

Summary

Flexible Financing for Rural America Act of 2020 This bill allows rural utility service providers to submit to the Department of Agriculture (USDA) a request to adjust the interest rate or modify the terms of certain loans. The request shall include a report summarizing how the adjustment or modification will assist the borrower in providing critical utility services to a rural community. Specifically, on receipt of a request, USDA must adjust the interest rate on the loan to match certain interest rates in effect when the bill is enacted for obligations of comparable maturity to the term remaining on the loan (or a higher rate requested by the borrower), and make modifications to the loan terms as necessary to address changes in the financial position of the borrower due to the COVID-19 (i.e., coronavirus disease 2019) public health emergency and to promote the financial sustainability of the borrower. In carrying out the adjustments or modifications, USDA shall not impose or collect any fee from, or impose any penalty on, a borrower. The bill also provides funding to implement the adjustments and modifications.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Hartzler, Vicky [R-MO-4]

MO • R

Cosponsors

Rep. Davids, Sharice [D-KS-3]
KS • D
Sponsored 8/18/2020
Rep. Delgado, Antonio [D-NY-19]
NY • D
Sponsored 8/18/2020
Rep. Keller, Fred [R-PA-12]
PA • R
Sponsored 8/21/2020
Rep. Trone, David J. [D-MD-6]
MD • D
Sponsored 8/21/2020
Rep. Spanberger, Abigail Davis [D-VA-7]
VA • D
Sponsored 9/1/2020
Rep. Fudge, Marcia L. [D-OH-11]
OH • D
Sponsored 9/1/2020
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 9/1/2020
Rep. Meuser, Daniel [R-PA-9]
PA • R
Sponsored 9/1/2020
Rep. Yoho, Ted S. [R-FL-3]
FL • R
Sponsored 9/8/2020
Rep. O'Halleran, Tom [D-AZ-1]
AZ • D
Sponsored 7/2/2020
Rep. Baird, James R. [R-IN-4]
IN • R
Sponsored 7/21/2020
Rep. Dunn, Neal P. [R-FL-2]
FL • R
Sponsored 7/21/2020
Rep. Johnson, Dusty [R-SD-At Large]
SD • R
Sponsored 7/21/2020
Rep. Stauber, Pete [R-MN-8]
MN • R
Sponsored 7/21/2020
Rep. Kind, Ron [D-WI-3]
WI • D
Sponsored 7/21/2020
Sen. Marshall, Roger [R-KS]
KS • R
Sponsored 7/21/2020
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 7/21/2020
Rep. Allen, Rick W. [R-GA-12]
GA • R
Sponsored 7/21/2020
Rep. Adams, Alma S. [D-NC-12]
NC • D
Sponsored 7/21/2020
Rep. Norman, Ralph [R-SC-5]
SC • R
Sponsored 7/21/2020
Rep. Thompson, Bennie G. [D-MS-2]
MS • D
Sponsored 7/21/2020
ELIOT ENGEL
NY • D
Sponsored 7/21/2020
Rep. Axne, Cynthia [D-IA-3]
IA • D
Sponsored 7/21/2020
Rep. Bishop, Sanford D. [D-GA-2]
GA • D
Sponsored 7/21/2020
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 7/21/2020
Rep. Butterfield, G. K. [D-NC-1]
NC • D
Sponsored 7/21/2020
Rep. Crawford, Eric A. "Rick" [R-AR-1]
AR • R
Sponsored 7/21/2020
Rep. Hagedorn, Jim [R-MN-1]
MN • R
Sponsored 7/21/2020
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 7/24/2020
Rep. Bost, Mike [R-IL-12]
IL • R
Sponsored 7/24/2020
Rep. Schrader, Kurt [D-OR-5]
OR • D
Sponsored 7/24/2020
Rep. Young, Don [R-AK-At Large]
AK • R
Sponsored 7/24/2020
Rep. Horn, Kendra S. [D-OK-5]
OK • D
Sponsored 7/24/2020
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 7/29/2020
Rep. Gianforte, Greg [R-MT-At Large]
MT • R
Sponsored 7/29/2020
Rep. McEachin, A. Donald [D-VA-4]
VA • D
Sponsored 7/29/2020
Rep. Lesko, Debbie [R-AZ-8]
AZ • R
Sponsored 7/29/2020
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 7/29/2020
Rep. Bilirakis, Gus M. [R-FL-12]
FL • R
Sponsored 7/29/2020
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 7/29/2020
Rep. Mullin, Markwayne [R-OK-2]
OK • R
Sponsored 7/31/2020
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 7/31/2020
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 8/7/2020
Rep. Davis, Rodney [R-IL-13]
IL • R
Sponsored 8/7/2020
Rep. Duncan, Jeff [R-SC-3]
SC • R
Sponsored 8/7/2020
Rep. Luria, Elaine G. [D-VA-2]
VA • D
Sponsored 8/7/2020
Rep. Gosar, Paul A. [R-AZ-9]
AZ • R
Sponsored 8/7/2020
Rep. Price, David E. [D-NC-4]
NC • D
Sponsored 8/7/2020
Rep. Armstrong, Kelly [R-ND-At Large]
ND • R
Sponsored 8/7/2020
Rep. Hice, Jody B. [R-GA-10]
GA • R
Sponsored 8/7/2020
Rep. Comer, James [R-KY-1]
KY • R
Sponsored 8/7/2020
Rep. Griffith, H. Morgan [R-VA-9]
VA • R
Sponsored 8/7/2020
Rep. Rogers, Harold [R-KY-5]
KY • R
Sponsored 8/7/2020
Rep. Veasey, Marc A. [D-TX-33]
TX • D
Sponsored 8/7/2020
Sen. Gallego, Ruben [D-AZ]
AZ • D
Sponsored 8/11/2020
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 8/11/2020
Rep. Mooney, Alexander X. [R-WV-2]
WV • R
Sponsored 8/11/2020
Rep. Cuellar, Henry [D-TX-28]
TX • D
Sponsored 8/11/2020
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 8/18/2020
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 8/18/2020
Rep. Rice, Tom [R-SC-7]
SC • R
Sponsored 8/18/2020
Rep. Long, Billy [R-MO-7]
MO • R
Sponsored 8/18/2020
COLLIN PETERSON
MN • D
Sponsored 8/18/2020
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 8/18/2020
Rep. Stanton, Greg [D-AZ-4]
AZ • D
Sponsored 8/18/2020
Rep. Barr, Andy [R-KY-6]
KY • R
Sponsored 8/18/2020
Rep. Conaway, K. Michael [R-TX-11]
TX • R
Sponsored 8/18/2020
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 8/21/2020
Rep. Balderson, Troy [R-OH-12]
OH • R
Sponsored 8/21/2020
Rep. Gaetz, Matt [R-FL-1]
FL • R
Sponsored 8/21/2020
Rep. Jordan, Jim [R-OH-4]
OH • R
Sponsored 8/21/2020
Rep. Miller, Carol D. [R-WV-1]
WV • R
Sponsored 8/21/2020
Rep. Steube, W. Gregory [R-FL-17]
FL • R
Sponsored 9/1/2020
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 9/1/2020
Rep. Brindisi, Anthony [D-NY-22]
NY • D
Sponsored 9/1/2020
Rep. Thompson, Glenn [R-PA-15]
PA • R
Sponsored 9/1/2020
Rep. McKinley, David B. [R-WV-1]
WV • R
Sponsored 9/1/2020
Rep. Clarke, Yvette D. [D-NY-9]
NY • D
Sponsored 9/1/2020
Rep. Payne, Donald M., Jr. [D-NJ-10]
NJ • D
Sponsored 9/1/2020
Rep. DeFazio, Peter A. [D-OR-4]
OR • D
Sponsored 9/1/2020
Rep. Carter, Earl L. "Buddy" [R-GA-1]
GA • R
Sponsored 9/1/2020
JOHN SHIMKUS
IL • R
Sponsored 9/1/2020
Rep. Johnson, Bill [R-OH-6]
OH • R
Sponsored 9/8/2020
Rep. LaMalfa, Doug [R-CA-1]
CA • R
Sponsored 9/8/2020
Rep. Torres Small, Xochitl [D-NM-2]
NM • D
Sponsored 9/8/2020
Rep. Craig, Angie [D-MN-2]
MN • D
Sponsored 9/8/2020
Rep. Bishop, Dan [R-NC-9]
NC • R
Sponsored 9/11/2020
Rep. Vela, Filemon [D-TX-34]
TX • D
Sponsored 9/11/2020
Rep. Posey, Bill [R-FL-8]
FL • R
Sponsored 9/24/2020
Sen. Kim, Andy [D-NJ]
NJ • D
Sponsored 9/24/2020
Rep. Babin, Brian [R-TX-36]
TX • R
Sponsored 9/24/2020
Rep. Smith, Jason [R-MO-8]
MO • R
Sponsored 9/29/2020
Rep. Cox, TJ [D-CA-21]
CA • D
Sponsored 9/29/2020
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 9/29/2020
Rep. Scott, Austin [R-GA-8]
GA • R
Sponsored 9/29/2020
Rep. Finkenauer, Abby [D-IA-1]
IA • D
Sponsored 10/9/2020
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 10/16/2020
Rep. Garamendi, John [D-CA-8]
CA • D
Sponsored 10/23/2020
Rep. Wittman, Robert J. [R-VA-1]
VA • R
Sponsored 10/27/2020
Rep. Lamb, Conor [D-PA-17]
PA • D
Sponsored 11/16/2020
Rep. Larsen, Rick [D-WA-2]
WA • D
Sponsored 11/16/2020
Del. Plaskett, Stacey E. [D-VI-At Large]
VI • D
Sponsored 9/8/2020
Rep. Hudson, Richard [R-NC-9]
NC • R
Sponsored 9/8/2020
Rep. Graves, Sam [R-MO-6]
MO • R
Sponsored 9/11/2020
Rep. Pocan, Mark [D-WI-2]
WI • D
Sponsored 9/11/2020
Sen. Luján, Ben Ray [D-NM]
NM • D
Sponsored 9/11/2020
Rep. Wexton, Jennifer [D-VA-10]
VA • D
Sponsored 9/11/2020
Rep. Bustos, Cheri [D-IL-17]
IL • D
Sponsored 9/11/2020
Rep. Haaland, Debra A. [D-NM-1]
NM • D
Sponsored 9/21/2020
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 9/21/2020
Rep. Ruiz, Raul [D-CA-25]
CA • D
Sponsored 9/21/2020
Rep. Rush, Bobby L. [D-IL-1]
IL • D
Sponsored 9/21/2020
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 9/21/2020
Rep. Lieu, Ted [D-CA-36]
CA • D
Sponsored 9/21/2020
Rep. Rice, Kathleen M. [D-NY-4]
NY • D
Sponsored 9/21/2020
Rep. Rogers, Mike D. [R-AL-3]
AL • R
Sponsored 9/24/2020
Rep. Norcross, Donald [D-NJ-1]
NJ • D
Sponsored 9/24/2020
Rep. Aderholt, Robert B. [R-AL-4]
AL • R
Sponsored 9/29/2020
Rep. Kelly, Trent [R-MS-1]
MS • R
Sponsored 9/29/2020
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 10/2/2020
Rep. Byrne, Bradley [R-AL-1]
AL • R
Sponsored 10/2/2020
Rep. Roby, Martha [R-AL-2]
AL • R
Sponsored 10/2/2020
Rep. Tiffany, Thomas P. [R-WI-7]
WI • R
Sponsored 10/2/2020
Rep. Gabbard, Tulsi [D-HI-2]
HI • D
Sponsored 10/23/2020
Rep. McMorris Rodgers, Cathy [R-WA-5]
WA • R
Sponsored 10/23/2020
Rep. Neguse, Joe [D-CO-2]
CO • D
Sponsored 10/27/2020

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov

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Back to Legislation

Flexible Financing for Rural America Act of 2020

Summary

How does this bill affect your finances?

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Cosponsors

Roll Call Votes

Related Bills

Live Policy Activity

Not In My Barn Yard Act

Other Activity On This Topic

DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push

How These Connect

Deep Dive

Federal Communications Commission — Communications Regulation

FCC & Telecommunications Regulation

Related Bills

Live Policy Activity

Not In My Barn Yard Act

Other Activity On This Topic

DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push

How These Connect

Deep Dive

Federal Communications Commission — Communications Regulation

FCC & Telecommunications Regulation

Labor Updates Vietnam Vets' Job Rules After EO Shakeup

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