S 4451
Rural Forest Markets Act of 2020
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill authorizes the USDA to create the Rural Forest Market Investment Program, which will provide guarantees for investments in projects that help rural forest landowners participate in new markets for forest carbon and other environmental products. These projects would be developed by private companies or non-profit organizations and must involve sustainable forestry practices approved by a third party. The program aims to support rural economies by facilitating the sale of credits in voluntary carbon markets and other environmental markets, with a funding limit of $150 million per investment.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Debbie Stabenow
Cosponsors
Angus S., Jr. King
Mike Braun
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.