Food and Energy Security Act

12/15/2023, 4:05 PM

Food and Energy Security Act

This bill provides requirements for specified federal financial agencies when regulating activity that could impact the extension of capital or investments to agricultural- or energy-related businesses.

Specifically, an agency must analyze the economic impact of any such regulation. If the analysis estimates that the regulation would increase prices, and if the consumer price index exceeds a certain level, the agency is prohibited from implementing the regulation.

Congress
118

Number
S - 415

Introduced on
2023-02-14

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

2/14/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Food and Energy Security Act

This bill provides requirements for specified federal financial agencies when regulating activity that could impact the extension of capital or investments to agricultural- or energy-related businesses.

Specifically, an agency must analyze the economic impact of any such regulation. If the analysis estimates that the regulation would increase prices, and if the consumer price index exceeds a certain level, the agency is prohibited from implementing the regulation.

Alternative Names
Official Title as IntroducedA bill to provide reliable and evidence-based food and energy security.

Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Summary4/18/2023

Food and Energy Security Act

This bill provides requirements for specified federal financial agencies when regulating activity that could impact the extension of capital or investments to agricultural- or energy-related b...


Latest Action2/14/2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S399)