Legislation in Congress would expand a federal grant and loan program that helps producers of biofuels and other biomanufactured products build and expand their facilities.
A bipartisan Congressional bill, the Agriculture Biorefinery Innovation and Opportunity Act, or Ag BIO Act, would increase funding for innovation in the biofuels and bioproducts industry. The bill would revise the funding to $100 million a year for the next five years and aims to allow for innovation by removing financial obstacles for new and on-going projects.