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Farm Credit Administration Independence Bill
Recent Bills/Farm Credit Administration Independence Bill

Farm Credit Administration Independence Bill

IntroducedFebruary 6, 2025
Introduced1 year ago
Intro
House
Senate
Pres
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
More:Recently Introduced BillsEconomyHouse Bills
Why This Matters

This bill ensures that the Farm Credit Administration remains the sole regulator of the Farm Credit System and mandates the collection of demographic data from small farmers. This is important for understanding who is receiving loans and ensuring fair access to credit.

If you are a small farmer seeking a loan, your demographic information will be collected to help improve access to credit.
Who this affects
Small farmers · Ranchers · Producers
What changes is this bill making?
  1. 1This bill confirms that the Farm Credit Administration is the only regulator of the Farm Credit System.
  2. 2It requires lenders in the Farm Credit System to collect demographic data from small farmers.
  3. 3Lenders must ask small farmers about their race, sex, and ethnicity when they apply for loans.
  4. 4The Farm Credit Administration will publish this demographic information annually without revealing individual identities.
  5. 5Farm Credit System institutions cannot report demographic information based on assumptions if a borrower chooses not to disclose.
Read the detailed summary

Safe Routes Act of 2025This bill directs the Department of Transportation to waive vehicle weight limits for covered logging vehicles, thus allowing logging vehicles to travel on interstate highways in certain circumstances. The term covered logging vehicle means a vehicle that (1) is transporting raw or unfinished forest products, including logs, pulpwood, biomass, or wood chips; (2) is traveling a distance of not more than 150 air miles on interstate highways from origin to a storage or processing facility; and (3) meets state legal weight tolerances and vehicle configurations for transporting raw or unfinished forest products within the state boundaries in which the vehicle is operating.

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedCurrentFeb 6, 2025

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Sponsors
See all 34 sponsors
House
Senate
President

The President

Donald Trump
President
Awaiting Vote
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