119-s2467

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2467 Introduced in Senate

    (IS) ]

<DOC>

119th CONGRESS
 1st Session
 S. 2467

To amend the Farm Security and Rural Investment Act of 2002 to improve 
 biorefinery, renewable chemical, and biobased product manufacturing 
 assistance, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 July 24, 2025

 Ms. Klobuchar (for herself and Mr. Moran) introduced the following 
 bill; which was read twice and referred to the Committee on 
 Agriculture, Nutrition, and Forestry

_______________________________________________________________________

 A BILL

To amend the Farm Security and Rural Investment Act of 2002 to improve 
 biorefinery, renewable chemical, and biobased product manufacturing 
 assistance, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Agricultural Biorefinery Innovation 
and Opportunity Act of 2025''.

SEC. 2. BIOREFINERY, RENEWABLE CHEMICAL, AND BIOBASED PRODUCT 
 MANUFACTURING ASSISTANCE.

 

Section 9003 of the Farm Security and Rural Investment Act of 2002 
(7 U.S.C. 8103) is amended--

    (1) in subsection

    (a) , in the matter preceding paragraph

    (1) , by striking ``to assist'' and inserting ``to develop 
 advanced biofuels (which, for purposes of this section, shall 
 include ultra-low-carbon bioethanol and zero-carbon 
 bioethanol), renewable chemicals, and biobased product 
 manufacturing and assist'';

    (2) in subsection

    (b)

    (1) --
        (A) by striking ``technologically new''; and
        (B) by striking ``end-user products'' and inserting 
 ``end-user products, renewable chemicals, and biobased 
 products'';

    (3) in subsection
            (c) --
        (A) by striking ``The Secretary shall make 
 available to eligible entities guarantees'' and 
 inserting the following: ``Subject to the availability 
 of funding, the Secretary shall make available to 
 eligible entities--
 ``

    (1) on a year-round basis, guarantees'';
        (B) in paragraph

    (1) (as so designated), by 
 striking the period at the end and inserting ``, in 
 accordance with subsection
            (d) ; and''; and
            (C) by adding at the end the following:
 ``

    (2) grants, on a competitive basis, to develop, 
 construct, or retrofit pilot or demonstration-scale 
 biorefineries to demonstrate the commercial viability of 1 or 
 more processes for converting renewable biomass to advanced 
 biofuels, renewable chemicals, and biobased products in 
 accordance with subsection

    (e) .'';

    (4) in subsection
            (d) --
        (A) in paragraph

    (1) --
            (i) by striking subparagraphs
        (A) and
            (C) ;
            (ii) by redesignating subparagraphs
        (B) and
            (D) as subparagraphs
        (A) and
        (B) , respectively;
            (iii) in subparagraph
        (A) (as so 
 redesignated)--
            (I) by striking ``In approving a 
 loan guarantee application'' and 
 inserting the following:
 ``
            (i) In general.--In approving an 
 application for a loan guarantee under 
 subsection
            (c) (1) ''; and
            (II) by adding at the end the 
 following:
 ``
            (ii) Waiver.--The Secretary may waive the 
 feasibility study under clause
            (i) for proven 
 or otherwise commercially available 
 technologies.''; and
            (iv) in subparagraph
        (B) (as so 
 redesignated), by striking ``loan guarantee 
 applications'' and inserting ``applications for 
 loan guarantees under subsection
            (c) (1) ''; and
        (B) in paragraph

    (2) --
            (i) in subparagraph
        (A) , by striking 
 ``$250,000,000'' and inserting ``10 percent of 
 the total amount made available under 
 subsection

    (g) for the fiscal year in which the 
 loan is guaranteed;''; and
            (ii) by striking ``subsection
            (c) '' each 
 place it appears and inserting ``subsection
            (c) (1) '';

    (5) by redesignating subsection

    (e) as subsection

    (k) ;

    (6) by inserting after subsection
            (d) the following:
 ``

    (e) Grants.--
 ``

    (1) Selection criteria.--
 ``
        (A) In general.--In approving applications for 
 grants under subsection
            (c) (2) , the Secretary shall 
 establish a priority scoring system that assigns 
 priority scores to each application and only approve 
 applications that exceed a specified minimum score, as 
 determined by the Secretary.
 ``
        (B) Feasibility.--
 ``
            (i) In general.--In approving an 
 application for a grant under subsection
            (c) (2) , the Secretary shall determine the 
 technical and economic feasibility of the 
 project based on a feasibility study of the 
 project described in the application conducted 
 by an independent third party.
 ``
            (ii) Waiver.--The Secretary may waive the 
 feasibility study under clause
            (i) for proven 
 or otherwise commercially available 
 technologies.
 ``
            (C) Scoring system.--The priority scoring system 
 established under subparagraph
        (A) shall consider, with 
 respect to a project proposed in an application for a 
 grant under subsection
            (c) (2) --
 ``
            (i) the potential market for the advanced 
 biofuel, renewable chemical, or biobased 
 product, and the byproducts produced under the 
 project;
 ``
            (ii) the level of financial participation 
 by the eligible entity, including support from 
 non-Federal and private sources;
 ``
            (iii) whether the eligible entity is 
 proposing to use--
 ``
            (I) a feedstock not previously 
 used in the production of advanced 
 biofuels; or
 ``
            (II) a feedstock, process, or 
 technology in an innovative manner in 
 the production of renewable chemicals 
 or biobased products;
 ``
            (iv) whether the eligible entity is 
 proposing to work with producer associations or 
 cooperatives;
 ``
            (v) whether the eligible entity has 
 established that the adoption of the process 
 proposed in the application will have a 
 positive impact on resource conservation, 
 public health, and the environment;
 ``
            (vi) the potential for rural economic 
 development;
 ``
            (vii) whether the project can be 
 replicated;
 ``
            (viii) scalability for commercial use; 
 and
 ``
            (ix) in the case of an advanced biofuels 
 project, the contribution of the project to 
 domestic energy security.
 ``

    (2) Cost sharing.--
 ``
        (A) Limits.--The amount of a grant awarded under 
 subsection
            (c) (2) shall not exceed an amount that is 60 
 percent of the cost of the project carried out using 
 the grant.
 ``
        (B) Non-federal share.--The non-Federal share of 
 the cost of a project may be provided in the form of 
 cash or material, subject to the condition that the 
 material provided does not exceed 30 percent of the 
 non-Federal share.'';

    (7) in subsection

    (g) --
        (A) in paragraph

    (1) --
            (i) in subparagraph
        (A) --
            (I) in the matter preceding clause
            (i) , by inserting ``and grants'' after 
 ``loan guarantees'';
            (II) in clause
            (iii) , by striking 
 ``and'' at the end;
            (III) in clause
            (iv) , by striking 
 the period at the end and inserting ``; 
 and''; and
            (IV) by adding at the end the 
 following:
 ``
            (v) $40,000,000 for each of fiscal years 
 2025 through 2029.''; and
            (ii) in subparagraph
        (B) , by striking ``Of 
 the total'' and all that follows through 
 ``subparagraph
        (A) '' and inserting ``Of the 
 total amount of funds made available for each 
 of fiscal years 2025 through 2029 under 
 subparagraph
        (A) ''; and
        (B) in paragraph

    (2) , by striking ``2023'' and 
 inserting ``2029'';

    (8) in subsection

    (h)

    (1) , by striking ``subsections

    (a) through

    (e) , and

    (g) '' and inserting ``subsections

    (a) through

    (e) ,

    (g) , and

    (k) '';

    (9) in subsection
            (i) (1) , by striking ``subsections

    (a) through

    (e) and subsection

    (g) '' and inserting ``subsections

    (a) through

    (e) ,

    (g) , and

    (k) ''; and

    (10) in subsection

    (j)

    (1) , by striking ``subsections

    (a) through

    (e) and

    (g) '' and inserting ``subsections

    (a) through

    (e) ,

    (g) , and

    (k) ''.
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