S. 1242Senate110th Congress (2007-2009)In Committee

A bill to amend the Federal Crop Insurance Act and Farm Security and Rural Investment Act of 2002 to establish a biofuel pilot program to offer crop insurance to producers of experimental biofuel crops and a program to make loans and loan guarantees to producers of experimental biofuel crops.

Sponsored by Jon TesterSen. Jon Tester (D-MT)
Introduced April 26, 2007

Legislative Activity

Stay on top of the latest movement without scrolling through every action

2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

April 26, 2007

View full timeline
SenateIntro Referral

Introduced in Senate

April 26, 2007

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S5219)

April 26, 2007

SenateIntro Referral

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

April 26, 2007

Floor Debate

13 members

What members said about S. 1242 on the floor

3 Republicans10 Democrats
Lisa Murkowski
Sen. Lisa MurkowskiR-AK · Apr 26, 2007

Mr. President, I rise to speak about legislation I am introducing entitled the School Accountability Improvements Act. We all know about No Child Left Behind, the Federal legislation that was…

Christopher J. Dodd
Sen. Christopher J. DoddD-CT · Apr 26, 2007

Mr. President, I rise to introduce the College Saver's Credit Act, a bill designed to open the dream of higher education to many more Americans. Few choices in life have the economic consequence as…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · Apr 26, 2007

Mr. President, today I, along with my good friend and ranking member, Senator Craig, introduce comprehensive legislation to improve the capacity of the Department of Veterans Affairs to care for…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Apr 26, 2007

Mr. President, I ask unanimous consent that the text of the bill be printed in the Reord. Mr. President, I rise today to introduce the Campus Law Enforcement Emergency Response Act of 2007. This…

Edward M. Kennedy
Sen. Edward M. KennedyD-MA · Apr 26, 2007

Mr. President, today I am pleased to introduce the Protecting America's Workers Act. This week, on Workers' Memorial Day, we remember those who have been killed or injured on the job, and we reaffirm…

Show 8 more
Benjamin L. Cardin
Sen. Benjamin L. CardinD-MD · Apr 26, 2007

Mr. President, today I am introducing legislation that will improve mutual aid agreements for the National Capitol Region. Senators Mikulski and Warner are original co-sponsors of my bill. The…

Larry E. Craig
Sen. Larry E. CraigR-ID · Apr 26, 2007

Mr. President, I rise today as the Ranking Member of the Senate Committee on Veterans' Affairs to join my distinguished colleague, Senator Akaka, who serves as the Chairman of the Committee, in…

Jon Tester
Sen. Jon TesterD-MT · Apr 26, 2007

Mr. President, I rise here today to introduce the Biofuel Crop Insurance Act to provide a safety net to innovative American farmers. America's addiction to foreign oil is one of the greatest threats…

Jon Tester
Sen. Jon TesterD-MT · Apr 26, 2007

Mr. President, I rise here today to introduce the Biofuel Crop Insurance Act to provide a safety net to innovative American farmers. America's addiction to foreign oil is one of the greatest threats…

Jack Reed
Sen. Jack ReedD-RI · Apr 26, 2007

Mr. President, today I am introducing the Preparing, Recruiting, and Retaining Education Professionals (PRREP) Act to improve education and student achievement through high-quality preparation,…

Joseph I. Lieberman
Sen. Joseph I. LiebermanD-CT · Apr 26, 2007

Mr. President, today, Senator Brownback, Senator Akaka, and I are introducing legislation that establishes a wildlife global animal information network for surveillance to enhance preparedness and…

Hillary Rodham Clinton
Sen. Hillary Rodham ClintonD-NY · Apr 26, 2007

Mr. President, in recognition of National Crime Victim's Week, I am proud to reintroduce the ``Compassionate Assistance for Rape Emergencies Act,'' a bill that will help rape and incest survivors…

Frank R. Lautenberg
Sen. Frank R. LautenbergD-NJ · Apr 26, 2007

Mr. President, I am pleased to introduce the Stop Business With Terrorists Act of 2007. Senator Clinton is joining me as an original cosponsor of this important bill. This bill will shut down a…

Show 1 more
Chuck Grassley
Sen. Chuck GrassleyR-IA · Apr 26, 2007

Mr. President, I ask unanimous consent that a bill introduced by me today to amend the Internal Revenue Code of 1986 to clarify student housing eligible for the low-income housing credit, and for…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued April 26, 2007

II

110th CONGRESS

1st Session

S. 1242

IN THE SENATE OF THE UNITED STATES

April 26, 2007

Mr. Tester introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry

A BILL

To amend the Federal Crop Insurance Act and the Farm Security and Rural Investment Act of 2002 to establish a biofuel pilot program to offer crop insurance to producers of experimental biofuel crops and a program to make loans and loan guarantees to producers of experimental biofuel crops.

1.

Experimental biofuel pilot program

(a)

In general

Section 523 of the Federal Crop Insurance Act (7 U.S.C. 1523) is amended by adding at the end the following:

(f)

Experimental biofuel pilot program

(1)

Definitions

In this subsection:

(A)

Experimental biofuel crop

(i)

In general

The term experimental biofuel crop means a crop—

(I)

that is produced for use as—

(aa)

a nonpetroleum fuel source; or

(bb)

nonpetroleum lubricant;

(II)

for which there is information to demonstrate that there are sufficient safeguards to prevent the spread of the crop as a noxious weed, as determined by the Corporation;

(III)

for which there is not an existing crop-specific policy or plan of insurance offered pursuant to this title; and

(IV)

for which yield data exists for at least 1 crop year, as determined by the Corporation based on research or data, including research or data provided by—

(aa)

an institution of higher education (as defined in section 101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a))); or

(bb)

a research facility approved by the Corporation.

(ii)

Inclusion

The term experimental biofuel crop includes camelina.

(B)

Producer

The term producer means an owner, landlord, tenant, or sharecropper on a farm that—

(i)

produces, and has beneficial interest in, an experimental biofuel crop; and

(ii)

files a record of the farming operation for the farm in the appropriate county office of the Farm Service Agency.

(2)

Establishment

The Corporation shall carry out a pilot program under which producers of experimental biofuel crops may elect to receive crop insurance in accordance with this subsection.

(3)

Expected market price

In establishing the expected market price for each experimental biofuel crop, the Corporation may consider the expected market price established or approved by the Corporation for other reference crops, including similar oilseed and biofuel crops, as determined by the Corporation.

(4)

Actual production history

In determining the actual production history for a producer of an experimental biofuel crop, the Corporation may consider the production history for the producer of, or may apply transitional yields based on, reference crops, including oilseed and biofuel crops with similar yields to the experimental biofuel crop, as determined by the Corporation.

(5)

Requirement

As a condition of receiving crop insurance under this subsection, producers shall—

(A)

submit to the Corporation such yield and productivity information as the Corporation considers to be necessary to determine historical crop yields for the experimental biofuel crops; and

(B)

agree that the Corporation may make the yield and productivity information available to the public.

(6)

Limitations

(A)

Acreage

The Corporation shall enroll in the pilot program under this subsection not more than—

(i)

250 acres per producer;

(ii)

100,000 acres per State; and

(iii)

500,000 total acres.

(B)

Expenditures

The Corporation shall carry out the experimental biofuel pilot program under this subsection so that, to the maximum extent practicable, all costs associated with the pilot program do not exceed $15,000,000 for the period of fiscal years 2008 through 2012.

(C)

Administrative costs

The Corporation may use not more than 10 percent of amounts made available under this or any other Act for administrative and operating expenses of the Risk Management Agency to pay administrative costs to assess whether certain biofuel crops are experimental biofuel crops for which crop insurance can be provided under this subsection.

.

(b)

Funding

Section 516(a)(2) of the Federal Crop Insurance Act (7 U.S.C. 1516(a)(2)) is amended by adding at the end the following:

(E)

Costs associated with the conduct of the experimental biofuel pilot program carried out under section 523(f), subject to the limitations in paragraph (6) of that subsection.

.

2.

Experimental biofuel programs

Title IX of the Farm Security and Rural Investment Act (7 U.S.C. 8101 et seq.) is amended by adding at the end the following:

9013.

Experimental biofuel programs

(a)

Definitions

In this section, the terms experimental biofuel crop and producer have the meanings given the terms in section 523(f)(1) of the Federal Crop Insurance Act (7 U.S.C. 1523(f)(1)).

(b)

Loan and loan guarantee program

(1)

In general

To improve and stabilize farm income, to promote a better balance between supply and demand for experimental biofuel crops, and to assist producers in the orderly marketing of crops, the Secretary shall establish a program under which the Secretary shall make loans and loan guarantees to producers of experimental biofuel crops.

(2)

Use of funds

Producers of experimental biofuel crops that receive loans or loan guarantees under this subsection may use the funds—

(A)

to pay reasonable storage costs incurred by the producers, as determined by the Secretary; and

(B)

to pay other appropriate costs, as determined by the Secretary.

(c)

Grant program

The Secretary may make grants to research facilities and institutions of higher education (as defined in section 101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a))—

(1)

to study the use of experimental biofuel crops for animal feed; and

(2)

to conduct research on specific harvesting and planting techniques for new experimental biofuel crops.

(d)

Funding

(1)

In general

Notwithstanding any other provision of law, on October 1, 2007, and on each October 1 thereafter through October 1, 2011, out of any funds in the Treasury not otherwise appropriated, the Secretary of the Treasury shall transfer to the Secretary—

(A)

$5,000,000 to carry out subsection (b); and

(B)

$5,000,000 to carry out subsection (c).

(2)

Receipt and acceptance

The Secretary shall be entitled to receive, shall accept, and shall use to carry out this section the funds transferred under paragraph (1), without further appropriation.

(3)

Availability of funds

Funds transferred under paragraph (1) shall remain available until expended.

.