Food and Energy Security Act

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 livestock.

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 production, development, or marketing of electricity, fuel (including biofuels), or other related products or involved in the supply chain of an entity involved in the production, development, or marketing of electricity, fuel (including biofuels), or other related products.

Federal regulator— The term Federal regulator means—

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 business, a Federal regulator shall provide a detailed analysis of the estimated impact the regulation or guidance would have on food prices, electricity prices, and fuel prices, as applicable, including a description of the methodology and variables used to arrive at the estimates.

Contents— The estimated impacts required under subsection (a) shall include how the proposed regulation or guidance or final regulation or guidance of the Federal regulator would, as applicable, affect—

the analysis of estimated impacts under section 3 estimate that implementation of the regulation or guidance would result in an increase in food prices, electricity prices, or fuel prices; and

the annualized rate of increase in the Consumer Price Index for All Urban Consumers most recently published by the Bureau of Labor Statistics is 4.5 percent or greater.