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Biofuel and Biobased Products Support: New Funding Opportunities

This act amends support programs for companies producing advanced biofuels, renewable chemicals, and biobased products. Citizens may benefit from the development of new technologies, potentially leading to greener products and fuels, and job creation in rural areas.
Key points
Expands financial support for the development, construction, and retrofitting of biorefineries, including for ultra-low-carbon and zero-carbon bioethanol production.
Introduces new competitive grants for pilot and demonstration projects to prove the commercial viability of technologies.
Simplifies the loan guarantee application process by allowing waivers of feasibility studies for proven technologies.
Increases available funding for support programs to $100 million annually from fiscal years 2024 through 2028.
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Expired
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Additional Information
Print number: 118_HR_6413
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2023-11-14
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Agricultural Biorefinery Innovation and Opportunity Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6413.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-11-14.

What are the main provisions?

Key points include:

  • Expands financial support for the development, construction, and retrofitting of biorefineries, including for ultra-low-carbon and zero-carbon bioethanol production.
  • Introduces new competitive grants for pilot and demonstration projects to prove the commercial viability of technologies.
  • Simplifies the loan guarantee application process by allowing waivers of feasibility studies for proven technologies.
  • Increases available funding for support programs to $100 million annually from fiscal years 2024 through 2028.
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 Rep. Nunn, Zachary [R-IA-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Agriculture Environment Public Investments