Bill · S. 4852· Senate(119-S-4852)
BINS Act of 2026
- Introduced
- 6/22/2026
- Last activity
- 6/22/2026 — Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Sponsored by
- John Hoeven
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "Building Infrastructure for Nutrient Storage Act of 2026," seeks to amend the Food, Conservation, and Energy Act of 2008. The primary goal is to include fertilizer storage facilities as eligible candidates for farm storage facility loans. It directs the Secretary of Agriculture to update specific federal regulations to reflect this change. The amendment ensures that various types of fertilizer storage equipment can receive loan support.
Yes· 3 of 6
Would farmers be better off under this?+6
The bill directly benefits farmers by making fertilizer storage facilities eligible for farm storage facility loans.
Would business owners be better off under this?+5
The bill benefits farm owners by expanding the types of infrastructure they can finance through federal loan programs.
Does this make it easier to run a small business?+5
The bill provides direct financial support for farmers to invest in essential equipment like bins, tanks, and blenders through federal loans.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Expanded Loan Eligibility: By adding "fertilizer" to the list of eligible items in Section 1614(a) of the Food, Conservation, and Energy Act of 2008, farmers can access financial assistance for nutrient storage.
-
Infrastructure Support for Various Storage Needs: According to Section 2(b), loans may cover specific items such as dry bins, dry flat storage, fertilizer blenders, liquid tanks, and anhydrous ammonia pressure vessels. This helps farmers secure necessary equipment.
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Comprehensive Facility Funding: Section 2(b)(5) notes that loans can cover essential infrastructure like foundations, electrical systems, conveyors, plumbing, piping, and pumps. This ensures that the entire system required to receive, store, and remove fertilizer products can be funded.
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Farmers+6Good For Business Owners+5Good For Rural Residents+2
- Economy And Finance
- Improves Small Business Support+5Increases Job Creation+1
- Environment Energy And Infrastructure
- Improves Rural Development+3
- 6/22/2026
- Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- 1 Cosponsor added.
- Introduced in Senate
Amy KlobucharDemocrat · Minnesota