Rural Energy for America Program (REAP) Improvement Act of 2021
A BILL
To amend the Farm Security and Rural Investment Act of 2002 to improve the Rural Energy for America Program, and for other purposes.
Sec. 2 Rural Energy for America Program
“(1) In general—The Secretary”
“(2) Climate benefits—In carrying out the Program, the Secretary shall promote the reduction of greenhouse gas emissions in projects funded by grants and other financial assistance under the Program.”
“(E) a producer cooperative;
“(F) a nongovernmental organization; and”
“(G) the potential of the proposed program to reduce greenhouse gas emissions and provide other climate benefits.”
“(G) the potential of the renewable energy system to reduce greenhouse gas emissions and result in other climate benefits; and”
“(d) Streamlined application process—The Office of Rural Development shall develop a streamlined application process, including within each tier described in subsection (c)(4), under which an entity may apply for a grant under subsection (b), financial assistance under subsection (c), or both.”
“(1) adequate”
“(2) outreach, technical assistance, and education is provided to recipients of grants and other financial assistance under the Program relating to integrating renewable energy projects on land shared with crops or livestock.”
“(g) Study
“(1) Definition of dual-use energy system—In this subsection, the term “dual-use energy system” means a system under which renewable energy production and agricultural production, including crop or animal production, occur together on the same piece of land.
“(2) Study—The Secretary shall carry out a study on dual-use energy systems.
“(3) Report—Not later than 2 years after the date of enactment of the Rural Energy for America Program (REAP) Improvement Act of 2021, the Secretary shall submit to Congress a report on the results of the study carried out under paragraph (2), which shall include a recommendation as to whether the scope of grants and other financial assistance under the Program should be expanded to cover projects that generate more energy without significantly impacting farm operations or leading to the conversion of existing farm land.
“(h) Energy generated—There shall not be any restriction imposed on the quantity of energy that is generated under a project funded by a grant or other financial assistance provided under the Program for the benefit of the recipient of the grant or other financial assistance.”
“(A) In general—Of the funds”
“(B) Additional funds—In addition to amounts made available under subparagraph (A), there is appropriated to the Secretary to carry out this section, out of funds in the Treasury not otherwise appropriated, $1,000,000,000, to remain available until expended.”
“(4) Reserve fund
“(A) In general—There is established a reserve fund for the purpose of providing grants and other financial assistance under the Program relating to underutilized renewable energy technologies.
“(B) Funds—For each fiscal year, not less than 15 percent of the funds made available under paragraphs (1)(A) and (3) to carry out this section for that fiscal year shall be transferred to the reserve fund established by subparagraph (A).”