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            <date>2020-12-09T20:50:54Z</date>
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        <title>Rural Forest Markets Act of 2020</title>
        <congress>116</congress>
        <number>4451</number>
        <type>S</type>
        <latestAction>
          <actionDate>2020-08-05</actionDate>
          <text>Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.</text>
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        <text>Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.</text>
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        <actionDate>2020-12-09</actionDate>
        <text>Introduced in Senate</text>
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        <fullName>Sen. Braun, Mike [R-IN]</fullName>
        <firstName>Mike</firstName>
        <lastName>Braun</lastName>
        <party>R</party>
        <state>IN</state>
        <isByRequest>N</isByRequest>
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        <fullName>Sen. Coons, Christopher A. [D-DE]</fullName>
        <firstName>Christopher</firstName>
        <lastName>Coons</lastName>
        <party>D</party>
        <state>DE</state>
        <middleName>A.</middleName>
        <sponsorshipDate>2020-12-09</sponsorshipDate>
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        <fullName>Sen. Young, Todd [R-IN]</fullName>
        <firstName>Todd</firstName>
        <lastName>Young</lastName>
        <party>R</party>
        <state>IN</state>
        <middleName>C.</middleName>
        <sponsorshipDate>2020-12-09</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000383</bioguideId>
        <fullName>Sen. King, Angus S., Jr. [I-ME]</fullName>
        <firstName>Angus</firstName>
        <lastName>King</lastName>
        <party>I</party>
        <state>ME</state>
        <middleName>S.</middleName>
        <sponsorshipDate>2020-12-09</sponsorshipDate>
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      <name>Public Lands and Natural Resources</name>
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        <name>Public Lands and Natural Resources</name>
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    <summaries>
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        <actionDate>2020-12-09</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2022-03-30T15:35:25Z</updateDate>
        <text><![CDATA[ <p><strong>Trillion Trees and Natural Carbon Storage Act</strong></p> <p>This bill directs the Department of Agriculture (USDA), in collaboration with the National Oceanic and Atmospheric Administration, to establish (1) objectives for increased net carbon stock for the forest, grassland, wetland, and coastal blue carbon habitat ecosystems of the United States that are owned or managed by the federal government; and (2) objectives that shall be developed collaboratively between one or more nonfederal entities and one or more federal partners for increased net carbon stock for the forest, grassland, wetland, and coastal blue carbon habitat ecosystems of the United States that are owned or managed by a state or local government, an Indian Tribe, or a private person.</p> <p>USDA shall establish a program, to be known as the Rural Forest Market Investment Program, to guarantee an environmental impact bond, loan, or other investment vehicle issued for the sole purpose of financing eligible projects developed to facilitate the sale of credits in the voluntary carbon market or other recognized environmental market to enable rural private forest landowners to participate in an innovative market for forest carbon or other products.</p> <p>USDA may enter into an agreement, or expand on existing partnerships, with a nonprofit organization to establish an International Forest Foundation to, among other things, support forest landscape restoration, end deforestation, and conserve and restore grasslands, wetlands, and blue carbon habitats around the world.</p>]]></text>
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    <title>Trillion Trees and Natural Carbon Storage Act</title>
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        <title>Trillion Trees and Natural Carbon Storage Act</title>
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        <titleType>Short Title(s) as Introduced</titleType>
        <title>Trillion Trees and Natural Carbon Storage Act</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to establish forestry policies that facilitate reforestation, conservation, international cooperation, and other ecologically sound management practices that reduce atmospheric carbon, to support United States efforts in partnership with the One Trillion Trees Initiative, to encourage the sustainable management, restoration, and conservation of global forests, grasslands, wetlands, and coastal habitats, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
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        <type>Introduced in Senate</type>
        <date>2020-12-09T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-116s4985is/xml/BILLS-116s4985is.xml</url>
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    <latestAction>
      <actionDate>2020-12-09</actionDate>
      <text>Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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