Agricultural Biorefinery Innovation and Opportunity Act of 2025 | ChamberLight
Bills · S 2467
IN COMMITTEE· 119TH CONGRESS
Senate BillS 2467Agriculture and Food
Agricultural Biorefinery Innovation and Opportunity Act of 2025
INTRO JUL 24· LAST ACTION JUL 24
READING
5MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8
Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
This bill matters because it aims to accelerate the shift towards a more sustainable and plant-based economy, potentially reducing reliance on fossil fuels and traditional petrochemicals. By expanding support for advanced biofuels and biobased products, it could lead to cleaner energy options and new types of everyday goods made from renewable resources. Voters should care because it could create new economic opportunities in rural areas, supporting agricultural innovation and manufacturing jobs.
If this bill becomes law, it provides dedicated funding and a new grant program to help bring promising technologies to market that might otherwise struggle to find financing. If it doesn't pass, these industries might grow more slowly, with fewer incentives for developing innovative products from crops, potentially missing out on environmental benefits and economic growth in the agricultural sector.
KEY PROVISIONS
5AI-extracted
PROVISION 01
Establishes a new competitive grant program for pilot or demonstration-scale biorefineries.
This provides a new funding pathway for developing and proving commercial viability of advanced biofuel, renewable chemical, and biobased product technologies.
PROVISION 02
Expands the scope of the program to specifically include advanced biofuels (like ultra-low-carbon bioethanol), renewable chemicals, and biobased product manufacturing.
This broadens the types of projects eligible for government assistance, encouraging innovation in a wider range of sustainable products.
PROVISION 03
Authorizes $40,000,000 annually for fiscal years 2025 through 2029 for loan guarantees and the newly created grants.
This provides dedicated, significant funding to support the growth and development of these industries over the next five years.
PROVISION 04
Allows the Secretary to waive third-party feasibility studies for loan guarantees and grants for proven or commercially available technologies.
This streamlines the application process for less risky projects, potentially making it faster and easier for established technologies to receive funding.
PROVISION 05
Removes the requirement for projects to be "technologically new" and adjusts the maximum loan guarantee amount to 10% of the total annual funding.
This broadens eligibility to include more projects and links loan guarantee limits to available appropriations, allowing for flexibility.
This bill matters because it aims to accelerate the shift towards a more sustainable and plant-based economy, potentially reducing reliance on fossil fuels and traditional petrochemicals. By expanding support for advanced biofuels and biobased products, it could lead to cleaner energy options and new types of everyday goods made from renewable resources. Voters should care because it could create new economic opportunities in rural areas, supporting agricultural innovation and manufacturing jobs.
If this bill becomes law, it provides dedicated funding and a new grant program to help bring promising technologies to market that might otherwise struggle to find financing. If it doesn't pass, these industries might grow more slowly, with fewer incentives for developing innovative products from crops, potentially missing out on environmental benefits and economic growth in the agricultural sector.
KEY PROVISIONS
AI-extracted
high
Establishes a new competitive grant program for pilot or demonstration-scale biorefineries.
This provides a new funding pathway for developing and proving commercial viability of advanced biofuel, renewable chemical, and biobased product technologies.
high
Expands the scope of the program to specifically include advanced biofuels (like ultra-low-carbon bioethanol), renewable chemicals, and biobased product manufacturing.
This broadens the types of projects eligible for government assistance, encouraging innovation in a wider range of sustainable products.
high
Authorizes $40,000,000 annually for fiscal years 2025 through 2029 for loan guarantees and the newly created grants.
This provides dedicated, significant funding to support the growth and development of these industries over the next five years.
med
Allows the Secretary to waive third-party feasibility studies for loan guarantees and grants for proven or commercially available technologies.
This streamlines the application process for less risky projects, potentially making it faster and easier for established technologies to receive funding.
med
Removes the requirement for projects to be "technologically new" and adjusts the maximum loan guarantee amount to 10% of the total annual funding.
This broadens eligibility to include more projects and links loan guarantee limits to available appropriations, allowing for flexibility.
Biofuel, Renewable Chemical, and Biobased Product Manufacturing Assistance (Loan Guarantees and Grants)
discretionary
2025-2029
GLOSSARY
AI-written
Biorefinery
A facility that processes biomass (plant materials) into various products, including fuels, chemicals, and power.
Advanced Biofuels
Fuels made from non-food biomass sources (like algae, waste, or specific energy crops) that can significantly reduce greenhouse gas emissions compared to fossil fuels. This bill specifically includes ultra-low-carbon and zero-carbon bioethanol.
Renewable Chemicals
Chemicals produced from renewable biomass instead of fossil resources, used as building blocks for various industrial and consumer products.
Biobased Products
Commercial or industrial products (other than food or feed) that are composed, in whole or in significant part, of biological products or renewable domestic agricultural materials.
Loan Guarantee
A promise by a government agency to repay a loan if the borrower defaults, making it easier for businesses to get loans from private lenders.
Grant
A sum of money given by a government or organization for a specific purpose, often without requiring repayment, usually based on a competitive application process.
Renewable Biomass
ACTION TIMELINE
2 EVENTS
JUL 24, 25
Introduced in Senate
INTROREFERRAL
JUL 24, 25
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Organic matter from plants or animals, such as agricultural waste, energy crops, or forestry residues, used as a source of energy or for producing other products.
