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H.R. 4736 118th Congress House

Investing in Rural America Act

Official title: To amend the Consolidated Farm and Rural Development Act to provide support for facilities providing healthcare, education, child care, public safety, and other vital services in rural areas.

Introduced: December 7, 2023 Introduced by: Michelle Fischbach Republican · Minnesota See on congress.gov
Agriculture and Food Agricultural prices, subsidies, creditCongressional oversightRural conditions and development
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 24, 2023
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Jul 19, 2023
Introduced in House
Jul 19, 2023
Referred to the House Committee on Agriculture.
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 Latest action August 24, 2023

Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

 Plain-English summary Congressional Research Service

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. 

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 4736: Investing in Rural America Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4736/
MLA
"H.R. 4736: Investing in Rural America Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4736/.
Bluebook (legal)
H.R. 4736, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4736/.
Markdown link
[H.R. 4736: Investing in Rural America Act](https://openamerica.io/bill/118-HR-4736/)
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