,,ii  #aagth ,,congress  #b;d ,session  
,s4 #dfaj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #bf1     
#bjbb,mr4 ,thune 7for himself1 ,mr4     
,barrasso1 ,mr4 ,braun1 ,mr4 ,crapo1    
,mr4 ,daines1 ,ms4 ,ernst1 ,mrs4        
,fischer1 ,mr4 ,hagerty1 ,mr4 ,hoeven1  
,ms4 ,lummis1 ,mr4 ,risch1 and ,mr4     
,rounds7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,banking1 ,housing1 and  
,urban ,affairs  ,a ,,bill  ,to provide 
reliable and evidence-based food and    
energy security4  #a4 ,short title ,this
 ,act may be cited as the ,food and     
,energy ,security ,act4  #b4            
,definitions ,in this ,act3 7#a7        
,agriculture or closely related business
 ,the term agriculture or closely       
related business means a for-profit or  
not-for-profit entity that is involved  
in the production of agriculture        
products or livestock or involved in the
 supply chain of an entity involved in  
the production of agriculture products  

or livestock4  7#b7 ,energy or closely  
related business ,the term energy or    
closely related business means a        
for-profit or not-for-profit entity that
 is involved in the production1         
development1 or marketing of            
electricity1 fuel 7including biofuels71 
or other related products or involved in
 the supply chain of an entity involved 
in the production1 development1 or      
marketing of electricity1 fuel          
7including biofuels71 or other related  
products4  7#c7 ,federal regulator ,the 
term ,federal regulator means-- 7,a7 the
 ,board of ,governors of the ,federal   
,reserve ,system2  7,b7 the ,office of  
the ,comptroller of the ,currency2  7,c7
 the ,federal ,deposit ,insurance       
,corporation2  7,d7 the ,financial      
,stability ,oversight ,council2  7,e7   
the ,national ,credit ,union            
,administration2  7,f7 the ,bureau of   
,consumer ,financial ,protection2  7,g7 
the ,commodity ,futures ,trading        
,commission2 and  7,h7 the ,securities  

and ,exchange ,commission4  #c4         
,regulations and guidance  7a7 ,in      
general ,as part of any public notice of
 a proposed regulation or guidance and  
final regulation or guidance that could 
affect the extension of capital to or   
investments in an agriculture or closely
 related business or an energy or       
closely related business1 a ,federal    
regulator shall provide a detailed      
analysis of the estimated impact the    
regulation or guidance would have on    
food prices1 electricity prices1 and    
fuel prices1 as applicable1 including a 
description of the methodology and      
variables used to arrive at the         
estimates4  7b7 ,contents ,the estimated
 impacts required under subsection 7a7  
shall include how the proposed          
regulation or guidance or final         
regulation or guidance of the ,federal  
regulator would1 as applicable1 affect--
 7#a7 food prices 7broken down by       
subcategories as listed in the ,consumer
 ,price ,index for ,all ,urban          

,consumers by the ,bureau of ,labor     
,statistics1 as relevant7 over #a year1 
#c years1 #e years1 and #aj years2  7#b7
 electricity prices 7broken down by     
subcategories as listed in the ,consumer
 ,price ,index for ,all ,urban          
,consumers by the ,bureau of ,labor     
,statistics1 as relevant7 over #a year1 
#c years1 #e years1 and #aj years2 and  
7#c7 fuel prices 7broken down by        
subcategories as listed in the ,consumer
 ,price ,index for ,all ,urban          
,consumers by the ,bureau of ,labor     
,statistics1 as relevant7 over #a year1 
#c years1 #e years1 and #aj years4  #d4 
,prohibition ,a ,federal regulator shall
 not implement any regulation or        
guidance that could affect1 directly or 
indirectly1 the extension of capital to 
or investments in an agriculture or     
closely related business or an energy or
 closely related business if-- 7#a7 the 
analysis of estimated impacts under     
section #c estimate that implementation 
of the regulation or guidance would     

result in an increase in food prices1   
electricity prices1 or fuel prices2 and 
7#b7 the annualized rate of increase in 
the ,consumer ,price ,index for ,all    
,urban ,consumers most recently         
published by the ,bureau of ,labor      
,statistics is #d4e percent or greater4 
#e4 ,rule of construction ,nothing in   
this ,act may be construed as affecting 
any regulation or guidance of a ,federal
 regulator that was implemented before  
,january #a1 #bjbb4