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Support for Rural Forest Owners and Forest Markets

This new law creates a program to help rural forest owners earn income from new markets, such as selling carbon credits. The government can guarantee investments in projects that promote sustainable forestry practices. The goal is to open up new revenue streams for these landowners.
Key points
Establishes a government program to guarantee investments in rural forestry projects.
Helps rural forest owners participate in environmental markets, like selling carbon credits.
Supports projects using sustainable forestry practices beneficial to the environment.
Government can guarantee up to $150 million per investment.
The program authority expires on September 30, 2023.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_1107
Sponsor: Sen. Stabenow, Debbie [D-MI]
Process start date: 2021-04-13
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Rural Forest Markets Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1107.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-04-13.

What are the main provisions?

Key points include:

  • Establishes a government program to guarantee investments in rural forestry projects.
  • Helps rural forest owners participate in environmental markets, like selling carbon credits.
  • Supports projects using sustainable forestry practices beneficial to the environment.
  • Government can guarantee up to $150 million per investment.
  • The program authority expires on September 30, 2023.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Stabenow, Debbie [D-MI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Agriculture Environment Public Investments