Summary

Creates a USDA Rural Development program to give grants and direct or guaranteed loans to build, expand, or upgrade fertilizer and nutrient‑alternative manufacturing, processing, and storage in the United States (including territories and Tribal lands). Eligible applicants include businesses, cooperatives, nonprofit entities, Tribal organizations, and state or local governments that meet eligibility rules; grants can be as large as $100 million but require matching funds equal to the grant amount. The program sets priorities for projects that increase domestic capacity, improve production methods or efficiency, boost competition, or lower price volatility. It limits participation by very large market participants, requires coordination with other federal and state programs, allows USDA to use CCC borrowing authority to provide funds, and includes repayment or clawback if ownership is sold to a large market‑share entity within 10 years after project completion.

• Creates a USDA Rural Development grant and loan program to expand domestic fertilizer and nutrient‑alternative capacity.
• Grants can be up to $100 million and require a 1:1 non‑Federal match.
• Eligible applicants include businesses, cooperatives, nonprofits, Tribal entities, and state/local governments located in the U.S. or territories.
• Program prioritizes projects that improve efficiency, add capacity for U.S. agriculture, or increase competition and reduce price volatility.
• Participants must certify they are not among the largest market participants (no market share ≥ the fourth‑largest) to be eligible.
• Recipients face a 10‑year clawback if the facility is sold to an entity with large market share after project completion.
• Loan terms follow existing Business & Industry loan rules; projects generally run up to 5 years.
• USDA may use CCC borrowing authority to provide program funds and will coordinate with other federal/state programs to combine financing.