S.860: Rural Energy Investment Act of 2013

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about agriculture and food
You can read the bill
Sponsor Al Franken, D-Minn.
Total Cosponsors 9 (All Democrats)
Introduced May 6, 2013
Latest Major Action May 6, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

Rural Energy Investment Act of 2013 - Amends the Farm Security and Rural Investment Act of 2002 regarding the biobased markets program to: (1) extend program funding through FY2018, (2) increase the number of categories of biobased products designated and individual biobased products eligible for preferred purchasing, and (3) provide for a program of biobased product education and promotion activities.

Amends the Rural Energy for America Program to: (1) extend Program funding through FY2018; (2) make nonprofit organizations eligible for assistance; (3) provide loan guarantees and grants to agricultural producers and rural small businesses for renewable energy system purchases, with a tiered loan and grant application process that reflects project cost; and (4) permit the combined amount of a grant and a loan guarantee to cover all eligible activity costs.

Extends funding through FY2018 for: (1) biorefinery assistance, (2) the biodiesel fuel education program, (3) b...

(Source: Congressional Research Service)

Bill Actions

Date Description
May 6, 2013 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.