Sec. 9003. Biorefinery assistance
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Section 9003 of the Farm Security and Rural Investment Act of 2002 ( 7 U.S.C. 8103 ) is amended— in the section heading, by inserting after , renewable chemical, and biobased product manufacturing ; Biorefinery in subsection (a), in the matter preceding paragraph (1), by inserting renewable chemicals, and biobased product manufacturing after advanced biofuels, ; in subsection (b)— by redesignating paragraphs
(1)and
(2)as paragraphs
(2)and (3), respectively; and by inserting before paragraph
(2)(as so redesignated) the following: The term biobased product manufacturing means development, construction, and retrofitting of technologically new commercial-scale processing and manufacturing equipment and required facilities that will be used to convert renewable chemicals and other biobased outputs of biorefineries into end-user products on a commercial scale. ; in subsection (c), by striking to eligible entities and all that follows through guarantees for loans and inserting to eligible entities guarantees for loans ; by striking subsection (d); by redesignating subsections (e), (f), (g), and
(h)as subsections (d), (e), (f), and (g), respectively; and in subsection
(d)(as so redesignated)— in paragraph (1), by adding at the end the following new subparagraph: In approving loan guarantee applications, the Secretary shall ensure that, to the extent practicable, there is diversity in the types of projects approved for loan guarantees to ensure that as wide a range as possible of technologies, products, and approaches are assisted. . by striking subsection (c)(2) each place it appears and inserting subsection
(c); and in paragraph (2)(C), by striking subsection
(h)and inserting subsection
(g). Subsection
(g)of section 9003 of the Farm Security and Rural Investment Act of 2002 ( 7 U.S.C. 8103 ) (as redesignated by paragraph (6)) is amended— by striking paragraph
(1)and inserting the following: Subject to subparagraph (B), of the funds of the Commodity Credit Corporation, the Secretary shall use for the cost of loan guarantees under this section, to remain available until expended— $100,000,000 for fiscal year 2014; and $50,000,000 for each of fiscal years 2015 and 2016. Of the total amount of funds made available for fiscal years 2014 and 2015 under subparagraph (A), the Secretary may use for the cost of loan guarantees under this section not more than 15 percent of such funds to promote biobased product manufacturing. ; and in paragraph (2), by striking $150,000,000 for each of fiscal years 2009 through 2013 and inserting $75,000,000 for each of fiscal years 2014 through 2018 .
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Sec. 9003
Biorefinery assistance
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