PSI Sci
New here? Follow the money and the votes · Not sure of your district? Find your U.S. House member · Find your state legislators

H.R. 4736: Investing in Rural America Act

Before you vote › Federal bills

H.R. 4736: Investing in Rural America Act

118th Congress · introduced 2023-07-19 · Agriculture and Food · Latest: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2023-07-19 · official record
  2. Who proposed it: Rep. Fischbach, Michelle [R-MN-7] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Investing in Rural America Act

Plain summary

Investing in Rural America Act This bill allows Farm Credit System (FCS) institutions to provide financing and technical assistance for essential community facility projects as part of the Department of Agriculture's Community Facilities Direct Loan & Grant Program. (This program provides funding to develop essential community facilities in rural areas.) The FCS financing and technical assistance may be provided in order to make capital available to develop, build, maintain, improve, or provide other support for essential community facilities in rural communities (e.g., certain facilities that provide healthcare, community support, public safety, educational, or utility services). Under the bill, the financing provided by an FCS institution may not exceed 15% of the institution’s total assets unless the FCS institution offers at least one non-FCS lending institution an interest in the financing under reasonable terms and conditions acceptable to the borrower. The FCS institution must also report the offer to the Farm Credit Administration (FCA). The FCA must submit an annual report to Congress on the activities undertaken by FCS institutions under this bill, including through the partnerships between FCS institutions and other lending institutions. The FCA must post the report on the agency's website.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Investing in Rural America Act

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Fischbach, Michelle [R-MN-7] · 22 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Donald G. Davis (D-NC), Brad Finstad (R-MN), Mary E. Miller (R-IL), Nikki Budzinski (D-IL), Tracey Mann (R-KS), Eric Sorensen (D-IL), Zachary Nunn (R-IA), Andrea Salinas (D-OR), Lloyd Smucker (R-PA), Angie Craig (D-MN), David G. Valadao (R-CA), Jill N. Tokuda (D-HI), Kat Cammack (R-FL), Sanford D. Bishop, Jr. (D-GA), Pete Stauber (R-MN), Jasmine Crockett (D-TX), Derrick Van Orden (R-WI), Josh Harder (D-CA), Nicholas A. Langworthy (R-NY)

Sponsor's campaign money: Rep. Fischbach, Michelle [R-MN-7] reported raising $1.7 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong118-hr4736 · catalog fed-us-congress-bills-cong118 · updated 2026-11-15 by psicol fed-bills-cong118