,,ii  #aahth ,,congress  #ast ,session  
,s4 #dae  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,february #ad1      
#bjbc,mr4 ,thune 7for himself1 ,mr4     
,barrasso1 ,mr4 ,braun1 ,mr4 ,crapo1    
,mrs4 ,fischer1 ,ms4 ,lummis1 ,mr4      
,mullin1 ,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        
,agricultural or closely related        
business ,the term agricultural or      
closely related business means a        
for-profit or not-for-profit entity that
 is involved in-- 7,a7 the production of
 agricultural products or livestock2 or 
7,b7 the supply chain of an entity      
involved in the production of           
agricultural 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-- 7,a7 the production1 development1  
or marketing of electricity1 fuel       
7including biofuels71 or other related  
products2 or  7,b7 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 regulation1 final           
regulation1 or guidance that could      
affect1 directly or indirectly1 the     
extension of capital to or investments  
in an agricultural 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 in   
the estimates4  7b7 ,contents ,the      
estimated impacts required under        
subsection 7a7 shall include how the    
proposed regulation or guidance would1  
as applicable1 affect-- 7#a7 food prices
 7broken down by the applicable         
expenditure categories listed in the    
,consumer ,price ,index for ,all ,urban 
,consumers published by the ,bureau of  

,labor ,statistics of the ,department of
 ,labor7 over #a year1 #c years1 #e     
years1 and #aj years2  7#b7 electricity 
prices 7broken down by the applicable   
expenditure categories listed in the    
,consumer ,price ,index for ,all ,urban 
,consumers published by the ,bureau of  
,labor ,statistics of the ,department of
 ,labor7 over #a year1 #c years1 #e     
years1 and #aj years2 and  7#c7 fuel    
prices 7broken down by the applicable   
expenditure categories listed in the    
,consumer ,price ,index for ,all ,urban 
,consumers published by the ,bureau of  
,labor ,statistics of the ,department of
 ,labor7 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 agricultural 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 of the ,department of ,labor
 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 #bjbc4