Incentives to Increase Use of Renewable Biomass Act of 2009 - Amends the Farm Security and Rural Investment Act of 2002 to require the Secretary of Agriculture to: (1) establish a program to provide interest-free loans to eligible institutions (i.e., an institution of higher education, an elementary or secondary school, a hospital, a local government building, or a governmental, community, health, or educational building owned or leased and occupied by an Indian tribe, except any building used for gaming) for capital costs for converting existing equipment, or installing new equipment, to use renewable biomass for energy generation, heating, or cooling systems; and (2) ensure that an institution receiving such a loan will use renewable biomass for no less than 75% of the energy generation, heating, or cooling needs of the facility for which the loan is received.
Establishes in the Treasury a revolving fund for such program. Requires the Secretary to: (1) deposit amounts received as payment on loans provided under such program into such revolving fund; and (2) make available $100 million of the funds of the Commodity Credit Corporation to such revolving fund.
[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4227 Introduced in House (IH)]
111th CONGRESS
1st Session
H. R. 4227
To authorize the Secretary of Agriculture to provide loans to support
the conversion of energy generation or heating and cooling systems to
the use of renewable biomass and to support the installation of new
equipment to use renewable biomass for such systems, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 8, 2009
Mr. Schrader (for himself, Mr. Walden, Mr. Baird, Ms. Herseth Sandlin,
Mrs. McMorris Rodgers, Mr. Minnick, and Mr. DeFazio) introduced the
following bill; which was referred to the Committee on Agriculture
_______________________________________________________________________
A BILL
To authorize the Secretary of Agriculture to provide loans to support
the conversion of energy generation or heating and cooling systems to
the use of renewable biomass and to support the installation of new
equipment to use renewable biomass for such systems, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Incentives to Increase Use of
Renewable Biomass Act of 2009''.
SEC. 2. DEPARTMENT OF AGRICULTURE LOAN PROGRAM FOR CONVERSION OF
CERTAIN PUBLIC FACILITIES TO BIOMASS ENERGY GENERATION,
HEATING, OR COOLING SYSTEMS.
Title IX of the Farm Security and Rural Investment Act of 2002 (7
U.S.C. 8101 et seq.), as amended by section 9001 of the Food,
Conservation, and Energy Act of 2008 (Public Law 110-246; 122 Stat.
2064), is amended by adding at the end the following new section:
``SEC. 9014. LOAN PROGRAM FOR CONVERSION OF CERTAIN PUBLIC FACILITIES
TO BIOMASS ENERGY GENERATION, HEATING, OR COOLING
SYSTEMS.
``(a) Establishment.--The Secretary of Agriculture shall establish
a program to provide interest-free loans to eligible institutions
described in subsection (b) for capital costs for converting existing
equipment or for installing new equipment to use renewable biomass for
energy generation, heating, or cooling systems.
``(b) Eligible Institutions.--The following institutions are
eligible for a loan under the program established under subsection (a):
``(1) An institution of higher education (as defined in
section 101 of the Higher Education Act of 1965 (20 U.S.C.
1001)).
``(2) A public or private elementary or secondary school.
``(3) A hospital.
``(4) A local government building.
``(5) A governmental, community, health, or educational
building owned or leased and occupied by an Indian tribe,
except any building used in whole or in part for gaming (as
defined in section 4 of the Indian Gaming Regulatory Act (25
U.S.C. 2703)).
``(c) Use of Loan Funds.--The Secretary shall ensure that an
eligible institution receiving a loan under the program established
under subsection (a) will use renewable biomass for not less than 75
percent of the energy generation, heating, or cooling needs of the
facility of the covered institution for which the loan is received.
``(d) Revolving Fund.--
``(1) Establishment.--There is established in the Treasury
a revolving fund for the program established under subsection
(a).
``(2) Use of amounts in fund.--Amounts in the revolving
fund established under paragraph (1) shall be available to the
Secretary to carry out the program established under subsection
(a).
``(3) Deposits.--The amounts received as payment on loans
provided under the program established under subsection (a)
shall be deposited into the revolving fund established under
paragraph (1).
``(4) Initial deposit.--Of the funds of the Commodity
Credit Corporation, the Secretary shall make available
$100,000,000 to the revolving fund established under paragraph
(1).''.
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Introduced in House
Introduced in House
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on Conservation, Credit, Energy, and Research.
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