Food and Energy Security Act

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.

The Food and Energy Security Act, also known as Bill 118 s 415, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to address issues related to food and energy security in the United States.

One of the key provisions of the Food and Energy Security Act is the establishment of a program to support farmers and ranchers in adopting sustainable agricultural practices. This program aims to promote the production of healthy and nutritious food while also protecting the environment and natural resources.

Additionally, the bill includes measures to increase access to healthy food for low-income individuals and families. This includes funding for programs that provide fresh fruits and vegetables to underserved communities, as well as initiatives to improve food distribution and access in rural areas. In terms of energy security, the Food and Energy Security Act includes provisions to promote the development of renewable energy sources, such as wind and solar power. This is aimed at reducing the country's reliance on fossil fuels and decreasing greenhouse gas emissions. Overall, the Food and Energy Security Act is a comprehensive piece of legislation that seeks to address important issues related to food and energy security in the United States. It includes measures to support sustainable agriculture, increase access to healthy food, and promote the development of renewable energy sources.