To provide loan guarantees for renewable energy projects using biomass material.

Summary

Amends the Farm Security and Rural Investment Act of 2002 to prescribe guidelines under which cost sharing limitations applicable to grants and loans to farmers, ranchers, and rural small businesses for renewable energy systems and energy efficiency improvements shall not apply to loan guarantees extended to specified projects if the loan will be used to: (1) purchase a renewable energy system associated with a commercial production agricultural enterprise; and (2) promote a solution to an environmental problem of the State in which the project will be implemented. Limits the principal amount of an eligible loan to between $50 million and $100 million. Directs the Secretary of Agriculture, when making loan guarantees for such projects, to give priority to renewable energy projects that promote the production of an agricultural commodity that is imported into the United States.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 5 May 2004

   Introduced

   Referred to the House Committee on Agriculture.

   Source: IntroReferral

2. 5 May 2004

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 May 2004

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 May 2004

   Referred

   Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 5 May 2004 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 May 2004

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 5 May 2004

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 5 May 2004

  Open at official source

Sponsors

• Michael Simpson · R · Sponsor
• Rep. Otter, C. L. (Butch) [R-ID-1] · R · Sponsor
• · hsag00 · Standing

Related records

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