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1 Subtitle C—Rural Development

2 and Agricultural Credit

3 SEC. 22001. ADDITIONAL FUNDING FOR ELECTRIC LOANS

4 FOR RENEWABLE ENERGY.

5 Section 9003 of the Farm Security and Rural Invest6 ment Act of 2002 (7 U.S.C. 8103) is amended by adding

7 at the end the following:

8 ‘‘(h) ADDITIONAL FUNDING FOR ELECTRIC LOANS

9 FOR RENEWABLE ENERGY.—

10 ‘‘(1) APPROPRIATIONS.—Notwithstanding sub11 sections (a) through (e), and (g), in addition to

12 amounts otherwise available, there is appropriated to

13 the Secretary for fiscal year 2022, out of any money

14 in the Treasury not otherwise appropriated,

15 $1,000,000,000, to remain available until September

16 30, 2031, for the cost of loans under section 317 of

17 the Rural Electrification Act of 1936 (7 U.S.C.

18 940g), including for projects that store electricity

19 that support the types of eligible projects under that

20 section, which shall be forgiven in an amount that

21 is not greater than 50 percent of the loan based on

22 how the borrower and the project meets the terms

23 and conditions for loan forgiveness consistent with

24 the purposes of that section established by the Sec25 retary, except as provided in paragraph (3).
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1 ‘‘(2) LIMITATION.—The Secretary shall not

2 enter into any loan agreement pursuant this sub3 section that could result in disbursements after Sep4 tember 30, 2031.

5 ‘‘(3) EXCEPTION.—The Secretary shall estab6 lish criteria for waiving the 50 percent limitation de7 scribed in paragraph (1).’’.

8 SEC. 22002. RURAL ENERGY FOR AMERICA PROGRAM.

9 (a) APPROPRIATION.—In addition to amounts other10 wise available, there is appropriated to the Secretary, out

11 of any money in the Treasury not otherwise appropriated,

12 for eligible projects under section 9007 of the Farm Secu13 rity and Rural Investment Act of 2002 (7 U.S.C. 8107),

14 and notwithstanding section 9007(c)(3)(A) of that Act,

15 the amount of a grant shall not exceed 50 percent of the

16 cost of the activity carried out using the grant funds—

17 (1) $820,250,000 for fiscal year 2022, to re18 main available until September 30, 2031; and

19 (2) $180,276,500 for each of fiscal years 2023

20 through 2027, to remain available until September

21 30, 2031.

22 (b) UNDERUTILIZED RENEWABLE ENERGY TECH23 NOLOGIES.—In addition to amounts otherwise available,

24 there is appropriated to the Secretary, out of any money

25 in the Treasury not otherwise appropriated, to provide
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1 grants and loans guaranteed by the Secretary (including

2 the costs of such loans) under the program described in

3 subsection (a) relating to underutilized renewable energy

4 technologies, and to provide technical assistance for apply5 ing to the program described in subsection (a), including

6 for underutilized renewable energy technologies, notwith7 standing section 9007(c)(3)(A) of the Farm Security and

8 Rural Investment Act of 2002 (7 U.S.C. 8107(c)(3)(A)),

9 the amount of a grant shall not exceed 50 percent of the

10 cost of the activity carried out using the grant funds, and

11 to the extent the following amounts remain available at

12 the end of each fiscal year, the Secretary shall use such

13 amounts in accordance with subsection (a)—

14 (1) $144,750,000 for fiscal year 2022, to re15 main available until September 30, 2031; and

16 (2) $31,813,500 for each of fiscal years 2023

17 through 2027, to remain available until September

18 30, 2031.

19 (c) LIMITATION.—The Secretary shall not enter into,

20 pursuant to this section—

21 (1) any loan agreement that may result in a

22 disbursement after September 30, 2031; or

23 (2) any grant agreement that may result in any

24 outlay after September 30, 2031.
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1 SEC. 22003. BIOFUEL INFRASTRUCTURE AND AGRI2 CULTURE PRODUCT MARKET EXPANSION.

3 Section 9003 of the Farm Security and Rural Invest4 ment Act of 2002 (7 U.S.C. 8103) (as amended by section

5 22001) is amended by adding at the end the following:

6 ‘‘(i) BIOFUEL INFRASTRUCTURE AND AGRICULTURE

7 PRODUCT MARKET EXPANSION.—

8 ‘‘(1) APPROPRIATION.—Notwithstanding sub9 sections (a) through (e) and subsection (g), in addi10 tion to amounts otherwise available, there is appro11 priated to the Secretary for fiscal year 2022, out of

12 any money in the Treasury not otherwise appro13 priated, $500,000,000, to remain available until

14 September 30, 2031, to carry out this subsection.

15 ‘‘(2) USE OF FUNDS.—The Secretary shall use

16 the amounts made available by paragraph (1) to

17 provide grants, for which the Federal share shall be

18 not more than 75 percent of the total cost of car19 rying out a project for which the grant is provided,

20 on a competitive basis, to increase the sale and use

21 of agricultural commodity-based fuels through infra22 structure improvements for blending, storing, sup23 plying, or distributing biofuels, except for transpor24 tation infrastructure not on location where such

25 biofuels are blended, stored, supplied, or distrib26 uted—
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1 ‘‘(A) by installing, retrofitting, or other2 wise upgrading fuel dispensers or pumps and

3 related equipment, storage tank system compo4 nents, and other infrastructure required at a lo5 cation related to dispensing certain biofuel

6 blends to ensure the increased sales of fuels

7 with high levels of commodity-based ethanol

8 and biodiesel that are at or greater than the

9 levels required in the Notice of Funding Avail10 ability for the Higher Blends Infrastructure In11 centive Program for Fiscal Year 2020, pub12 lished in the Federal Register (85 Fed. Reg.

13 26656), as determined by the Secretary; and

14 ‘‘(B) by building and retrofitting home

15 heating oil distribution centers or equivalent en16 tities and distribution systems for ethanol and

17 biodiesel blends.’’.

18 SEC. 22004. USDA ASSISTANCE FOR RURAL ELECTRIC CO19 OPERATIVES.

20 Section 9003 of the Farm Security and Rural Invest21 ment Act of 2002 (7 U.S.C. 8103) (as amended by section

22 22003) is amended by adding at the end the following:

23 ‘‘(j) USDA ASSISTANCE FOR RURAL ELECTRIC CO24 OPERATIVES.—
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1 ‘‘(1) APPROPRIATION.—Notwithstanding sub2 sections (a) through (e) and (g), in addition to

3 amounts otherwise available, there is appropriated to

4 the Secretary for fiscal year 2022, out of any money

5 in the Treasury not otherwise appropriated,

6 $9,700,000,000, to remain available until September

7 30, 2031, for the long-term resiliency, reliability,

8 and affordability of rural electric systems by pro9 viding to an eligible entity (defined as an electric co10 operative described in section 501(c)(12) or

11 1381(a)(2) of the Internal Revenue Code of 1986

12 and is or has been a Rural Utilities Service electric

13 loan borrower pursuant to the Rural Electrification

14 Act of 1936 or serving a predominantly rural area

15 or a wholly or jointly owned subsidiary of such elec16 tric cooperative) loans, modifications of loans, the

17 cost of loans and modifications, and other financial

18 assistance to achieve the greatest reduction in car19 bon dioxide, methane, and nitrous oxide emissions

20 associated with rural electric systems through the

21 purchase of renewable energy, renewable energy sys22 tems, zero-emission systems, and carbon capture and

23 storage systems, to deploy such systems, or to make

24 energy efficiency improvements to electric generation
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1 and transmission systems of the eligible entity after

2 the date of enactment of this subsection.

3 ‘‘(2) LIMITATION.—No eligible entity may re4 ceive an amount equal to more than 10 percent of

5 the total amount made available by this subsection.

6 ‘‘(3) REQUIREMENT.—The amount of a grant

7 under this subsection shall be not more than 25 per8 cent of the total project costs of the eligible entity

9 carrying out a project using a grant under this sub10 section.

11 ‘‘(4) PROHIBITION.—Nothing in this subsection

12 shall be interpreted to authorize funds of the Com13 modity Credit Corporation for activities under this

14 subsection if such funds are not expressly authorized

15 or currently expended for such purposes.

16 ‘‘(5) DISBURSEMENTS.—The Secretary shall

17 not enter into, pursuant to this subsection—

18 ‘‘(A) any loan agreement that may result

19 in a disbursement after September 30, 2031; or

20 ‘‘(B) any grant agreement that may result

21 in any outlay after September 30, 2031.’’.

22 SEC. 22005. ADDITIONAL USDA RURAL DEVELOPMENT AD23 MINISTRATIVE FUNDS.

24 In addition to amounts otherwise available, there is

25 appropriated to the Secretary for fiscal year 2022, out of
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1 any money in the Treasury not otherwise appropriated,

2 $100,000,000, to remain available until September 30,

3 2031, for administrative costs and salaries and expenses

4 for the Rural Development mission area and administra5 tive costs of the agencies and offices of the Department

6 for costs related to implementing this subtitle.

7 SEC. 22006. FARM LOAN IMMEDIATE RELIEF FOR BOR8 ROWERS WITH AT-RISK AGRICULTURAL OP9 ERATIONS.

10 In addition to amounts otherwise available, there is

11 appropriated to the Secretary for fiscal year 2022, out of

12 amounts in the Treasury not otherwise appropriated,

13 $3,100,000,000, to remain available until September 30,

14 2031, to provide payments to, for the cost of loans or loan

15 modifications for, or to carry out section 331(b)(4) of the

16 Consolidated Farm and Rural Development Act (7 U.S.C.

17 1981(b)(4)) with respect to distressed borrowers of direct

18 or guaranteed loans administered by the Farm Service

19 Agency under subtitle A, B, or C of that Act (7 U.S.C.

20 1922 through 1970). In carrying out this section, the Sec21 retary shall provide relief to those borrowers whose agri22 cultural operations are at financial risk as expeditiously

23 as possible, as determined by the Secretary.