,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #ajfc  ,,in ,,the ,,house ,,of  
,,representatives  ,february #f1        
#bjbe,mr4 ,finstad 7for himself1 ,mr4   
,panetta1 ,mrs4 ,miller of ,illinois1   
,mr4 ,baird1 ,mrs4 ,fischbach1 and ,mr4 
,moolenaar7 introduced the following    
bill2 which was referred to the         
,committee on ,agriculture1 and in      
addition to the ,committee on ,financial
 ,services1 for a period to be          
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to affirm that the ,farm    
,credit ,administration is the sole and 
independent regulator of the ,farm      
,credit ,system4  #a4 ,short title ,this
 ,act may be cited as the ,farm ,credit 
,administration ,independent ,authority 
,act4  #b4 ,farmer loan data collection 
7a7 ,in general ,the ,farm ,credit ,act 
of #aiga 7#ab ,u4,s4,c4 #bjja et seq47  
is amended by inserting after section   

#d4ai the following3  #d4bj4 ,small     
farmer loan data collection  7a7        
,purpose ,the purpose of this section is
 to affirm that the ,farm ,credit       
,administration is the sole and         
independent regulator of the ,farm      
,credit ,system4  7b7 ,definition ,in   
this section1 the term small farmer     
means a small farmer1 rancher1 or       
producer or harvester of aquatic        
products as defined pursuant to section 
#d4ai4  7c7 ,collection of demographic  
data by ,farm ,credit ,system lenders   
,notwithstanding any other provision of 
law1 ,farm ,credit ,system institutions1
 pursuant to regulations promulgated by 
the ,farm ,credit ,administration1      
shall-- 7#a7 request that loan          
applicants and borrowers that are small 
farmers disclose information identifying
 their race1 sex1 and ethnicity2  7#b7  
collect and maintain the information    
resulting from the requests2 and  7#c7  
report to the ,farm ,credit             
,administration on an annual basis the  

information collected pursuant to the   
requests4  7d7 ,directions to the ,farm 
,credit ,administration ,the ,farm      
,credit ,administration-- 7#a7 shall    
collect the information gathered by     
,farm ,credit ,system institutions under
 this section and make the information  
available to the public on an annual    
basis2 and  7#b7 shall not require1 in  
prescribing regulations to implement    
this section1 that any ,farm ,credit    
,system institution contradict the      
wishes of a customer who does not wish  
to voluntarily report race1 sex1 or     
ethnicity by requiring the ,farm ,credit
 ,system institution to report the race1
 sex1 or ethnicity of the customer based
 on visual observation1 surname1 or any 
other method4  7e7 ,protection of       
personally identifiable information ,in 
reporting the information collected     
under this section1 the ,farm ,credit   
,administration shall not include any   
information that would reveal the       
identify of any loan applicant or       

borrower4  7f7 ,effective date ,this    
section shall apply only to applications
 received and loans made #a year or more
 after the date of the enactment of this
 section4  4  #c4 ,conforming amendment 
,section #gjd;,b7h77#a7 of the ,equal   
,credit ,opportunity ,act 7#ae ,u4,s4,c4
 #afia;c-#b7;h77#a77 is amended by      
inserting 1 other than any entity that  
is supervised by the ,farm ,credit      
,administration before the period at the
 end4  #d4 ,cessation of compliance ,if 
financial institutions subject to       
subpart ,b of part #ajjb of title #ab1  
,code of ,federal ,regulations1 are not 
required to comply with the rule        
promulgated pursuant to that subpart1   
whether because a court invalidates the 
rule or the rule is otherwise repealed1 
the ,farm ,credit ,system institutions  
shall not be required to comply with any
 regulation promulgated pursuant to the 
amendments made by this ,act4