Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · S

S. 4152 (116th)

Flexible Financing for Rural America Act of 2020

referredUnited States· United States Congress· EN

Introduced

2 July 2020

Last action

2 July 2020 · Introduced

Status

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sponsors

Sen. Hoeven, John [R-ND], Sen. Boozman, John [R-AR], Sen. Smith, Tina [D-MN], Sen. Sinema, Kyrsten [I-AZ], Sen. Tillis, Thomas [R-NC], Sen. Perdue, David [R-GA], Sen. Barrasso, John [R-WY], Sen. Cramer, Kevin [R-ND], Sen. Jones, Doug [D-AL], Sen. Rounds, Mike [R-SD], Sen. Baldwin, Tammy [D-WI], Sen. Klobuchar, Amy [D-MN], Sen. Peters, Gary C. [D-MI], Sen. Tester, Jon [D-MT], Sen. Daines, Steve [R-MT], Sen. Scott, Tim [R-SC], Sen. Cornyn, John [R-TX], Sen. Inhofe, James M. [R-OK], Sen. Moran, Jerry [R-KS], Sen. Hirono, Mazie K. [D-HI], Sen. Ernst, Joni [R-IA], Sen. Risch, James E. [R-ID], Sen. Capito, Shelley Moore [R-WV], Sen. Schatz, Brian [D-HI], Sen. Kelly, Mark [D-AZ]

Subjects

Healthcare, Agriculture

Source updated

5 December 2025

Healthcare · Agriculture

Summary

Flexible Financing for Rural America Act of 2020 This bill allows rural utility service providers to submit to the Department of Agriculture (USDA) a request to adjust the interest rate or modify the terms of certain loans. The request shall include a report summarizing how the adjustment or modification will assist the borrower in providing critical utility services to a rural community. Specifically, on receipt of a request, USDA must adjust the interest rate on the loan to match certain interest rates in effect when the bill is enacted for obligations of comparable maturity to the term remaining on the loan (or a higher rate requested by the borrower), and make modifications to the loan terms as necessary to address changes in the financial position of the borrower due to the COVID-19 (i.e., coronavirus disease 2019) public health emergency and to promote the financial sustainability of the borrower. In carrying out the adjustments or modifications, USDA shall not impose or collect any fee from, or impose any penalty on, a borrower. The bill also provides funding to implement the adjustments and modifications.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 2 July 2020

    Introduced

    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

    Source: IntroReferral

  2. 2 July 2020

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate (text)

    Introduced in Senate · EN · 2 July 2020

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 2 July 2020

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in Senate

    summary · EN · 2 July 2020

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.