United States · Bill · S
S. 4152 (116th)
Flexible Financing for Rural America Act of 2020
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
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
2 July 2020
Introduced
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Source: IntroReferral
2 July 2020
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 2 July 2020 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 2 July 2020
Introduced in Senate (PDF)
Introduced in Senate · EN · 2 July 2020
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Introduced in Senate
summary · EN · 2 July 2020
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Sponsors
- Sen. Hoeven, John [R-ND] · R · Sponsor
- Sen. Boozman, John [R-AR] · R · Sponsor
- Sen. Smith, Tina [D-MN] · D · Sponsor
- Sen. Sinema, Kyrsten [I-AZ] · D · Sponsor
- Sen. Tillis, Thomas [R-NC] · R · Cosponsor
- Sen. Perdue, David [R-GA] · R · Cosponsor
- Sen. Barrasso, John [R-WY] · R · Cosponsor
- Sen. Cramer, Kevin [R-ND] · R · Cosponsor
- Sen. Jones, Doug [D-AL] · D · Cosponsor
- Sen. Rounds, Mike [R-SD] · R · Cosponsor
- Sen. Baldwin, Tammy [D-WI] · D · Cosponsor
- Sen. Klobuchar, Amy [D-MN] · D · Cosponsor
- Sen. Peters, Gary C. [D-MI] · D · Cosponsor
- Sen. Tester, Jon [D-MT] · D · Cosponsor
- Sen. Daines, Steve [R-MT] · R · Cosponsor
- Sen. Scott, Tim [R-SC] · R · Cosponsor
- Sen. Cornyn, John [R-TX] · R · Cosponsor
- Sen. Inhofe, James M. [R-OK] · R · Cosponsor
- Sen. Moran, Jerry [R-KS] · R · Cosponsor
- Sen. Hirono, Mazie K. [D-HI] · D · Cosponsor
- Sen. Ernst, Joni [R-IA] · R · Cosponsor
- Sen. Risch, James E. [R-ID] · R · Cosponsor
- Sen. Capito, Shelley Moore [R-WV] · R · Cosponsor
- Sen. Schatz, Brian [D-HI] · D · Cosponsor
- Sen. Kelly, Mark [D-AZ] · D · Cosponsor
- · ssaf00 · Standing
Related records
- related to ← Flexible Financing for Rural America Act of 2020
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/4152
- Open data entity: https://api.congress.gov/v3/bill/116/s/4152
- us · 116-s-4152 · source updated 5 December 2025