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HR 4297 108th Congress House Agriculture and Food Agricultural credit Agriculture in foreign trade Alternative energy sources Biomass energy Commerce Economics and Public Finance Energy Energy crops Environmental Protection Federally-guaranteed loans Finance and Financial Sector Foreign Trade and International Finance Imports Small business

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

Introduced: May 5, 2004 Introduced by: Simpson, Michael K. Republican · Idaho See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 13, 2004
Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.
May 5, 2004
Referred to the House Committee on Agriculture.
May 5, 2004
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now May 13, 2004

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

 Committees of jurisdiction 2