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H.R. 5955 · 112th Congress

Rural Energy Investment Act of 2012

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Rural Energy Investment Act of 2012 - Amends the Farm Security and Rural Investment Act of 2002 regarding the biobased markets program to: (1) extend program funding through FY2017, (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…

What it does: CRS summary · Introduced in House · Jun 18, 2012

Rural Energy Investment Act of 2012 - Amends the Farm Security and Rural Investment Act of 2002 regarding the biobased markets program to: (1) extend program funding through FY2017, (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 FY2017; (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 size; and (4) permit the combined amount of a grant and a loan guarantee to cover all eligible activity costs.

Extends funding through FY2017 for: (1) biorefinery assistance, (2) the biodiesel fuel education program, (3) biomass research and development, (4) the Rural Energy Self-Sufficiency Initiative, (5) the biomass crop assistance program, (6) the forest biomass for energy program, and (7) the community wood energy program.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Rural Energy Investment Act of 2012

Latest action (Jul 10, 2012): Referred to the Subcommittee on Energy and Environment.

Policy area: Agriculture and Food · Origin: House · Introduced: Jun 18, 2012

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.