,i #aafth ,,congress #ast ,session ,h4 ,r4 #bcia ,,in ,,the ,,house ,,of ,,representatives ,april #bi1 #bjai,mr4 ,david ,scott of ,georgia 7for himself and ,mr4 ,riggleman7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to amend the ,federal ,home ,loan ,bank ,act to provide investment authority to support rural infrastructure development1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,improving ,rural ,access to ,power ,act of #bjai4 #b4 ,cooperative associations that support rural infrastructure development ,section #aa of the ,federal ,home ,loan ,bank ,act 7#ab ,u4,s4,c4 #adca7 is amended by adding at the end the following3 7m7 ,cooperative associations that support rural infrastructure development ,each ,federal ,home ,loan ,bank is authorized to purchase investment-grade securities from nonmember lenders that are organized as cooperatives and that have received financing from the ,federal ,financing ,bank and that have demonstrated experience in making loans to cooperatives that are eligible to receive loans or commitments for loans from the ,rural ,utilities ,service 7or any successor agency74 ,such securities shall be secured investments collateralized by loans of the cooperative lender4 ,the purchase of such securities shall be at the sole discretion of each ,federal ,home ,loan ,bank1 consistent with such regulations1 restrictions1 and limitations as may be prescribed by the ,agency4 4