If enacted, the GRAIN DRY Act would positively affect agricultural producers by expanding the eligibility for storage facility loans to include propane storage. This shift is significant as it recognizes propane as a vital resource in agricultural production and aims to support farmers in ensuring they have adequate facilities to store this fuel. As propane plays a role in heating, drying crops, and powering farm equipment, such provision could lead to increased operational efficiency and reduced fuel costs for producers.
Summary
House Bill 1302, also known as the GRAIN DRY Act, seeks to amend the Food, Conservation, and Energy Act of 2008 by clarifying that funds designated for the storage facility loan program can be utilized for the purpose of constructing or upgrading propane storage facilities specifically for agricultural use. The bill indicates a clear intent to enhance the agricultural infrastructure by allowing users of propane, primarily farmers, to better store this resource, which is crucial for various farming operations.
Contention
While the bill appears straightforward in its purpose, discussions around funding allocations and prioritization within agricultural loan programs are likely to arise. Stakeholders might express concerns about resource distribution, particularly whether existing programs will have sufficient funding to accommodate this new type of eligible facility. Ensuring that propane storage does not overshadow other crucial agricultural needs may present a point of deliberation among lawmakers and agricultural advocates.
To amend the Food, Conservation, and Energy Act of 2008 to clarify propane storage as an eligible use for funds provided under the storage facility loan program, and for other purposes.