To amend the Commodity Credit Corporation Charter Act to exclude crops used to produce biofuel with respect to an agricultural commodity.
- Bill Number
- H.R. 8762
- Origin Chamber
- House
- Congress
- 119th Congress, Session 2
- Policy Area
- Agriculture and Food
- Status
- Introduced
- Latest Action
- 2026-05-12: Referred to the House Committee on Agriculture.
- Last Updated
- 2026-05-29T15:50:03Z
AI-Generated Summary
Purpose of the Legislation
This bill amends the Commodity Credit Corporation Charter Act to exclude crops used to produce biofuel from treatment as an agricultural commodity. The goal is to prevent the Commodity Credit Corporation from applying its authorities to such crops.
Key Provisions Outlined
- Amends Section 5 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714c).
- Inserts the phrase "or crops used to produce biofuel (including any infrastructure relating to such crops)" after each appearance of the word "tobacco" in that section.
Significant Changes to Existing Law Introduced
The amendment adds biofuel crops and related infrastructure to the existing exclusions in the Commodity Credit Corporation Charter Act, alongside the prior reference to tobacco. This creates a new category of crops that the Commodity Credit Corporation must treat differently from standard agricultural commodities.
Potential Impacts
- Limits the Commodity Credit Corporation's ability to provide support, loans, or other assistance for biofuel-related crops.
- Affects operations of the U.S. Department of Agriculture, which administers the Commodity Credit Corporation.
- May influence domestic agricultural markets by removing certain biofuel crops from federal commodity programs.
- Could have secondary effects on energy production sectors that rely on these crops.
Main Stakeholders Affected
- Farmers and producers growing crops intended for biofuel use.
- Biofuel manufacturers and related infrastructure providers.
- The Commodity Credit Corporation and U.S. Department of Agriculture.
- Broader agricultural commodity markets and supply chains.
Notable Legal, Constitutional, or Political Implications
The change narrows the scope of federal authority under the Commodity Credit Corporation Charter Act regarding specific crop uses. It may intersect with existing federal spending and agricultural support frameworks without altering the underlying constitutional basis for such programs.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Recent Actions
- 2026-05-12: Referred to the House Committee on Agriculture.
- 2026-05-12: Introduced in House
- 2026-05-12: Introduced in House
Bill Versions
- To amend the Commodity Credit Corporation Charter Act to exclude crops used to produce biofuel with respect to an agricultural commodity. — issued 2026-05-12 — PDF (2 pages)