US SB2270 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on March 29 2012 - 25% progression, died in committee
Action: 2012-03-29 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Rural Energy Investment Act of 2012 - Amends the Farm Security and Rural Investment Act of 2002 regarding the biobased markets program to: (1) extend program funding through FY2017, (2) increase the number of categories of biobased products designated and individual biobased products eligible for preferred purchasing, and (3) provide for a program of biobased product education and promotion activities. Amends the Rural Energy for America Program to: (1) extend Program funding through FY2017; (2) make nonprofit organizations eligible for assistance; (3) provide loan guarantees and grants to agricultural producers and rural small businesses for renewable energy system purchases, with a tiered loan and grant application process that reflects project size; and (4) permit the combined amount of a grant and a loan guarantee to cover all eligible activity costs. Extends funding through FY2017 for: (1) biorefinery assistance, (2) the biodiesel fuel education program, (3) biomass research and development, (4) the Rural Energy Self-Sufficiency Initiative, (5) the biomass crop assistance program, (6) the forest biomass for energy program, and (7) the community wood energy program.

Tracking Information

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Title

Rural Energy Investment Act of 2012

Sponsors


History

DateChamberAction
2012-03-29SenateRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Same As/Similar To

SB2225 (Related) 2012-03-22 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S2003)
HB5955 (Related) 2012-07-10 - Referred to the Subcommittee on Energy and Environment.

Subjects


US Congress State Sources


Bill Comments

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