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Farm Credit for Americans Act of 2022

12/29/2022, 1:18 PM

Congressional Summary of S 4954

Farm Credit for Americans Act of 2022

This bill makes foreign persons ineligible for any credit or financial services provided by a Farm Credit System institution, with specified exceptions. The bill takes effect on January 1, 2024.

Current Status of Bill S 4954

Bill S 4954 is currently in the status of Bill Introduced since September 27, 2022. Bill S 4954 was introduced during Congress 117 and was introduced to the Senate on September 27, 2022.  Bill S 4954's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of September 27, 2022

Bipartisan Support of Bill S 4954

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4954

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill S 4954

Farm Credit for Americans Act of 2022
Farm Credit for Americans Act of 2022
A bill to amend the Farm Credit Act of 1971 to make foreign persons ineligible for Farm Credit System institution financing, and for other purposes.

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