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The Corn Refiners Association welcomes the bipartisan reintroduction of the Agricultural Biorefinery Innovation and Opportunity (Ag BIO) Act in the United States Senate, led by Sens. Amy Klobuchar (D-MN) and Jerry Moran (R-KS). This forward-looking legislation will bolster America’s rural economy, advance the bioeconomy, and support high-quality job creation in America’s heartland.
“This legislation represents a strategic investment in the future of rural America and the farmers, workers, and innovators who fuel our economy,” said John Bode, President and CEO of the Corn Refiners Association. “By backing next-generation biomanufacturing, the Ag BIO Act will help cement U.S. leadership in sustainable innovation while delivering economic opportunity where it’s needed most.”
The Plant Based Products Council welcomed the legislation, calling it a major step toward accelerating the growth of the U.S. bioeconomy and strengthening rural America.
The Ag BIO Act outlines a roadmap to enhance U.S. competitiveness in biomanufacturing by cultivating new applications for agricultural feedstocks such as corn. It promotes the transition from traditional manufacturing methods to more sustainable alternatives rooted in American-made materials and technologies.
The bill updates and broadens the USDA’s Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, unlocking expanded opportunities for corn refiners and others in the bioeconomy. The legislation will also lay the groundwork for a more dynamic bioeconomy by streamlining eligibility, clarifying lending terms, and broadening the scope of supported outputs.
The bill is a companion measure to legislation introduced in May by Reps. Zach Nunn (R-IA) and Nikki Budzinski (D-IL).
Corn Refiners Association, Plant Based Products Council news releases
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