3.0.0 4451 2023-01-11T13:45:19Z 2023-01-11T13:45:19Z Senate S 2020-08-05 116 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2020-08-05T22:22:36Z Trillion Trees and Natural Carbon Storage Act 116 4985 S 2020-12-09 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS 2020-08-05 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. IntroReferral 2020-08-05 Introduced in Senate IntroReferral 10000 9 Library of Congress S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI N B001310 Sen. Braun, Mike [R-IN] Mike Braun R IN 2020-08-05 True K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2020-11-10 False C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2020-11-10 False Agriculture and Food Air quality Climate change and greenhouse gases Ecology Environmental assessment, monitoring, research Financial services and investments Forests, forestry, trees Government lending and loan guarantees Rural conditions and development Securities Social work, volunteer service, charitable organizations Agriculture and Food 00 2020-08-05 Introduced in Senate 2020-08-31T18:21:10Z Rural Forest Markets Act of 2020

This bill directs the Department of Agriculture (USDA) to establish the Rural Forest Market Investment Program to guarantee investments to finance certain projects that will enable rural private forest landowners to participate in an innovative market for forest carbon or other products.

Eligible projects are projects developed by a private entity or a publicly supported, charitable nonprofit organization engaged in the aggregation of sustainable forestry practices implemented by rural private forest landowners to facilitate the sale of credits in the voluntary carbon market or other environmental market using a methodology approved by a credible, third-party entity.

USDA may guarantee up to $150 million with respect to each investment.

Authority to carry out the program terminates on September 30, 2023.

]]> Rural Forest Markets Act of 2020 Display Title Rural Forest Markets Act of 2020 Short Title(s) as Introduced Rural Forest Markets Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to authorize the Secretary of Agriculture to guarantee investments that will open new markets for forest owners in rural areas of the United States, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-08-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s4451is/xml/BILLS-116s4451is.xml 2020-08-05 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.