H.R. 2218 · 110th Congress
Biofuels Energy Independence Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Biofuels Energy Independence Act of 2007 - Authorizes the Secretary of Agriculture to make and guarantee loans for biofuel production, distribution, development, and storage. Sets forth loan eligibility requirements. Directs the Secretary to establish a related revolving fund.
What it does: CRS summary · Introduced in House · May 8, 2007
Biofuels Energy Independence Act of 2007 - Authorizes the Secretary of Agriculture to make and guarantee loans for biofuel production, distribution, development, and storage. Sets forth loan eligibility requirements. Directs the Secretary to establish a related revolving fund.
Authorizes the Secretary to administer a Biofuels Feedstocks Energy Reserve to: (1) provide feedstocks in furtherance of biofuel-based energy production; and (2) support the biofuels energy industry when production is at risk due to feedstock reductions or commodity price increases. Sets forth related provisions respecting commercial commodity purchases, release of commodity stocks, and storage payments.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Biofuels Energy Independence Act of 2007
Latest action (May 31, 2007): Referred to the Subcommittee on Conservation, Credit, Energy, and Research.
Policy area: Agriculture and Food · Origin: House · Introduced: May 8, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.