Bill > S2654

This bill aims to enhance the biobased markets program by expanding and strengthening federal support for biobased products, which are commercial or industrial products derived from renewable agricultural resources. The legislation introduces new definitions for terms like "bio-attributed plastic" and "plant-based product" and updates the existing BioPreferred Program administered by the Department of Agriculture. Key provisions include establishing a Biobased Task Force to coordinate research and development efforts, requiring federal agencies to increase procurement of biobased products, creating guidance for product selection that considers lifecycle and efficacy, and implementing new labeling standards to ensure accurate product classification. The bill also mandates annual reporting on biobased product usage, creates mechanisms for public education and marketing of biobased products, and seeks to support domestic manufacturing and rural economic development. Notably, the legislation highlights the economic significance of the biobased products industry, which employed nearly 4 million people in 2021 and contributed approximately $489 billion to the economy, with each job in the sector supporting an estimated 1.4 additional jobs in other economic sectors.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/2654/all-info