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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.
Summary
- Amends the Food, Conservation, and Energy Act of 2008 to make fertilizer storage facilities eligible for the Farm Storage Facility Loan Program
- Requires the Secretary of Agriculture to update federal regulations within 180 days to implement the expansion and clarify eligible uses of loans for fertilizer storage
- Authorizes loans for dry bins, dry flat storage, fertilizer blenders, liquid tanks, and anhydrous ammonia pressure vessels
- Authorizes loans for infrastructure necessary for fertilizer receipt, storage, and removal including foundations, electrical systems, conveyors, plumbing, piping, and pumps
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Hoeven, John [R-ND] (R-ND)
1 cosponsor
- Sen. Klobuchar, Amy [D-MN] (D-MN)
Actions (2)
- Jun 22, 2026 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. · senate
- Jun 22, 2026 Introduced in Senate
Similar bills (6)
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Full text
IN THE SENATE OF THE UNITED STATES
June 22, 2026
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
A BILL
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,
SECTION 1. SHORT TITLE.
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. <all>
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