Homegrown Fertilizer Act

This bill would require the Secretary of Agriculture, through Rural Development, to give grants and direct or guaranteed loans to increase the manufacturing, processing, and storage of fertilizer and nutrient alternatives in the United States. Eligible applicants include independent businesses, nonprofits, cooperatives, Indian Tribes, and state or local governments, but not entities with a market share equal to or larger than the fourth-largest company in the nitrogen, phosphate, or potash market. Grants could be up to $100 million and would require matching non-federal funds equal to the grant. Recipients would have to repay the money if the project is sold to one of the largest market holders within 10 years after completion. The Secretary could use Commodity Credit Corporation funds to pay for the program.

Full text and official record on Congress.gov

Sponsors

• Amy Klobuchar Democrat sponsor
• 4 cosponsors