A bill to amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure development, and for other purposes.

United States115th CongressS-3285Senate
Updated: Jul 26, 2018

Summary

Improving Rural Access to Power Act of 2018 This bill amends the Federal Home Loan Bank Act to authorize Federal Home Loan Banks to purchase certain securities from cooperatives that: (1) have certain investment experience involving the Rural Utilities Service, and (2) have received financing from the Federal Financing Bank.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-2963: To amend the Federal Home Loan Bank Act to provide investment authority to support rural infrastructure development, and for other purposes.

Referred to the House Committee on Financial Services.

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

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