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119th CONGRESS
2d Session |
To amend the Food, Conservation, and Energy Act of 2008 to make fertilizer storage facilities eligible for farm storage facility loans, and for other purposes.
Mr. Hoeven (for himself and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry
To amend the Food, Conservation, and Energy Act of 2008 to make fertilizer storage facilities eligible for farm storage facility loans, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Building Infrastructure for Nutrient Storage Act of 2026” or the “BINS Act of 2026”.
SEC. 2. Storage facility loans.
(a) In general.—Section 1614(a) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8789(a)) is amended by inserting “fertilizer,” after “renewable biomass,”.
(b) Rulemaking.—Not later than 180 days after the date of enactment of this Act, the Secretary of Agriculture shall amend part 1436 of title 7, Code of Federal Regulations, to reflect the amendment made by subsection (a), including to ensure that, with respect to fertilizer, loans may be made under the Farm Storage Facility Loan Program for, at a minimum, the following:
(1) Dry bins and dry flat storage.
(2) Fertilizer blenders.
(3) Liquid tanks.
(4) Anhydrous ammonia pressure vessels.
(5) Foundations, electrical systems, conveyors, plumbing, piping, and pumps necessary for the receipt, storage, and removal of fertilizer products.