side-by-side-farm-bill-2024-biorefinery-renewable-chemical-biobased-product-manufacturing-assistance-program-1b28ad40500a065f.pdf

This briefing from the Environmental and Energy Study Institute (EESI) provides a legislative side-by-side comparison between current law and the House Agriculture Committee's proposed amendments for the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program within the 2024 Farm Bill.

• The Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, managed by USDA Rural Development, provides loan guarantees up to $250 million for the development of bio-based product manufacturing facilities, renewable chemicals, and advanced biofuels.
• A 2020 USDA report indicated that the U.S. bio-based products industry supported 4.6 million jobs and contributed $470 billion to the economy in 2017, while displacing 9.4 million barrels of oil annually.
• The 2018 Farm Bill authorized $75 million in annual discretionary funding through fiscal year (FY) 2023, with mandatory funding of $50 million for FY 2019 and $25 million for FY 2020; however, no appropriations were provided for FY 2023 or FY 2024.
• The House Agriculture Committee's May 2024 amended text proposes extending the $75 million annual discretionary funding authorization from fiscal years 2014 through 2023 to cover the period through 2029.
• The House version proposes expanding the definition of 'biobased product manufacturing' to include the conversion of biorefinery outputs into 'renewable chemicals, or biobased products on a commercial scale' in addition to end-user products.
• The House version proposes modifying loan guarantee feasibility requirements by allowing the Secretary to waive the demonstration of commercial viability for projects that use technology already commercially available.
• The House version proposes shifting the disbursement and outlay deadlines for several funding streams—including the $1,000,000,000 for electric loans for renewable energy and $500,000,000 for biofuel infrastructure—from their previous dates to September 30, 2029.

APA

Environmental and Energy Study Institute (n.d.). side-by-side-farm-bill-2024-biorefinery-renewable-chemical-biobased-product-manufacturing-assistance-program-1b28ad40500a065f.pdf. https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Biorefinery-Renewable-Chemical-Biobased-Product-Manufacturing-Assistance-Program.pdf

Chicago

Environmental and Energy Study Institute. side-by-side-farm-bill-2024-biorefinery-renewable-chemical-biobased-product-manufacturing-assistance-program-1b28ad40500a065f.pdf. n.d. https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Biorefinery-Renewable-Chemical-Biobased-Product-Manufacturing-Assistance-Program.pdf.

Wikipedia

{{cite report |author=Environmental and Energy Study Institute |title=side-by-side-farm-bill-2024-biorefinery-renewable-chemical-biobased-product-manufacturing-assistance-program-1b28ad40500a065f.pdf |url=https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Biorefinery-Renewable-Chemical-Biobased-Product-Manufacturing-Assistance-Program.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{environmentalandenergystudyinstitutendsidebysidefarmbill2024biorefineryrenewablechemicalbiobasedproductmanufacturingassistanceprogram1b28ad40500a065fpdf, author = {{Environmental and Energy Study Institute}}, title = {{side-by-side-farm-bill-2024-biorefinery-renewable-chemical-biobased-product-manufacturing-assistance-program-1b28ad40500a065f.pdf}}, institution = {Environmental and Energy Study Institute}, url = {https://www.eesi.org/files/Side-by-Side-Farm-Bill-2024-Biorefinery-Renewable-Chemical-Biobased-Product-Manufacturing-Assistance-Program.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }