Rural Forest Markets Act of 2021

Summary

Rural Forest Markets Act of 202 1 This bill directs the Department of Agriculture (USDA) to establish the Rural Forest Market Investment Program to guarantee investments to finance certain projects that will enable rural private forest landowners to participate in an innovative market for forest carbon or other products. In establishing the program, USDA must consider ways to ensure that the program minimizes disruptions to traditional forest products markets. Eligible projects are projects developed by a private entity or a publicly supported, charitable nonprofit organization engaged in the aggregation of sustainable forestry practices implemented by rural private forest landowners to facilitate the sale of credits in the voluntary carbon market or other environmental market using a methodology approved by a credible, third-party entity. USDA may guarantee up to $150 million with respect to each investment. Authority to carry out the program terminates on September 30, 2023.

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Timeline

1. 8 June 2021

   Introduced

   Referred to the House Committee on Agriculture.

   Source: IntroReferral

2. 8 June 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 June 2021

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 July 2021

   Referred

   Referred to the Subcommittee on Conservation and Forestry.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 June 2021 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 June 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 June 2021

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 8 June 2021

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Pingree, Chellie [D-ME-1] · D · Sponsor
• Rep. Stefanik, Elise M. [R-NY-21] · R · Sponsor
• Rep. Schrader, Kurt [D-OR-5] · D · Cosponsor
• Rep. Kuster, Ann M. [D-NH-2] · D · Cosponsor
• Rep. Timmons, William R. [R-SC-4] · R · Cosponsor
• Rep. Delgado, Antonio [D-NY-19] · D · Cosponsor
• Rep. McBath, Lucy [D-GA-6] · D · Cosponsor
• Rep. Spanberger, Abigail Davis [D-VA-7] · D · Cosponsor
• · hsag00 · Standing

Related records

• related to → Rural Forest Markets Act of 2021