U.S. Senator Jerry Moran (R-Kan.) introduced legislation with Democrat Senator Jon Tester of Montana called the Improving Rural Access to Power Act. This legislation would increase access to capital for rural electric cooperatives, allowing them to lower energy costs and improve rural electric infrastructure. Sen. Moran said rural electric cooperatives reach under-served areas far and wide providing dependable electricity to rural Kansans to power homes, farms and small businesses. The bill will specifically increase access to capital by allowing the Federal Home Loan Banks to voluntarily purchase securities issued by qualified cooperative lending associations. This would inject more funding into electric cooperatives, allowing them to make necessary investment upgrades.