Latest Releases
Klobuchar, Smith, Finstad, Craig Urge Treasury Department to Issue Clean Fuel Production Credit Guidance to Increase U.S. Production of Biofuels
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) and Representatives Brad Finstad (R-MN) and Angie Craig (D-MN) joined a bipartisan, bicameral group of lawmakers in urging the U.S. Department of the Treasury to issue timely guidance on the 45Z Clean Fuel Production Credit to give farmers, blenders, retailers, and fuel users certainty and the time needed to make additional clean fuel projects a reality. The 45Z Clean Fuel Production Credit consolidates and replaces several fuel-related credits currently scheduled to expire at the end of the year. While 45Z was written to increase the domestic production of clean, homegrown biofuels, guidance is still needed from the Treasury on how farmers and renewable fuel producers can participate in this new market. “The 45Z credit should be leveraged to provide a forward-looking, technology-neutral market signal to increase our country’s production capacity for low-carbon, domestic renewable fuels and for existing biofuel production to invest in decarbonization,” the lawmakers wrote. “Lack of regulatory certainty is already putting thriving businesses at risk as fuel producers are unable to make important business decisions regarding their fuel.” “If properly implemented, this credit can fully mobilize the biofuel industry, growing our domestic manufacturing base, creating jobs, diversifying the U.S. energy portfolio, adding value to crops grown by American farmers, and offering consumers better, more affordable, and lower carbon options at the fuel pump and in the skies,” the lawmakers concluded. Full text of the letter is available HERE and below: Dear Secretary Yellen: We write today to request that the Treasury
U.S Senators Tina Smith, Amy Klobuchar Announce Funding to Improve Bus Infrastructure in Southeastern Minnesota
WASHINGTON, D.C. – U.S. Senator Tina Smith, Chair of the Senate Subcommittee on Transportation, and Senator Amy Klobuchar (both D-MN) announced a grant from the U.S. Department of Transportation (DOT) to strengthen bus and transportation infrastructure in Southern Minnesota. One hundred and seventeen communities across the country are getting grants from the DOT thanks to the Bipartisan Infrastructure Law, legislation passed by President Biden in 2021 that has delivered infrastructure upgrades to nearly 5,000 communities nationwide. The Minnesota Department of Transportation will receive $6,282,400 tobuild two new transit facilities in Austin and Waseca. This project will help improve efficiency and enhance reliable transportation services for rural communities in Southern Minnesota. The grant is distributed by the Federal Transit Administration and is part of the Facility Improvements in Rural Minnesota for Sustainable Transit (FIRST) program. “Each day, transit systems connect Minnesotans to their jobs, schools, grocery stores and countless other opportunities – all while reducing traffic congestion and pollution,” said Senator Smith. “But for many people, especially those in rural areas, safe, reliable public transportation is hard to find. This funding from President Biden’s Bipartisan Infrastructure Law will deliver faster, safer, and more energy efficient transportation to communities in Southeastern Minnesota.” “Investments in public transit reduce traffic and make it easier for Minnesotans to get to school, work, and other destinations,” said Klobuchar. “This federal funding will go towards creating the modern, efficient public transit system families in Southeastern Minnesota need to reliably get around.” ###
U.S. Senators Tina Smith and Mike Crapo Announce Big Win For Dairy Farmers After Leading Bipartisan Push Against Unfair Trade Practices
WASHINGTON, [1.6.22] – Today, U.S. Senators Tina Smith (D-Minnesota) and Mike Crapo (R-Idaho) announced a major victory for U.S. dairy farmers after spearheading Congressional efforts to hold Canada accountable for violations of a key trade agreement. “For nearly two years, Senator Crapo and I have been leading the charge to crack down on Canada’s illegal trade practices that are hurting U.S. dairy farmers,” said Sen. Smith. “This is a historic win for dairies in Minnesota and across the country, who will finally be able to sell U.S. products to Canadian buyers without unjustified restrictions.” “Enforcing our trade agreements to
U.S. Senator Tina Smith Leads Senate Hearing on Expanding Economic Development in Underserved Communities
WASHINGTON, [1.5.22] – Today, U.S. Senator Tina Smith (D-Minnesota) chaired a productive hearing focused on addressing the economic challenges and disparities in underserved communities. The hearing covered two bipartisan bills authored by Sen. Smith, which would expand financial services and capital investment in communities of color, Tribal lands, and rural communities. Senators heard from a number of witnesses who shared how Sen. Smith’s legislation would make a difference for community development. Witnesses included: Lakota Vogel – Executive Director, Four Bands Community Fund Frank Altman – Founder and CEO, Community Reinvestment Fund John Holdsclaw – President, Coalition of Community Development Financial
U.S. Senators Tina Smith and Mike Rounds Introduce Bipartisan Bill to Spur Economic Development in Underserved Communities
WASHINGTON, [1.4.22] – Today, U.S. Senators Tina Smith (D-Minnesota) and Mike Rounds (R-South Dakota) introduced legislation to jumpstart economic development in economically distressed areas and address disparities in access to capital for underserved communities. The bill would strengthen and expand Community Development Financial Institutions (CDFI), which play a critical role in bringing capital and financial services to a wide range of underserved communities – from urban areas to small towns and rural communities to Tribal lands. “Unequal access to capital and financial services is a key driver of economic disparity in rural areas, communities of color, and Indigenous communities,” said
U.S. Senator Tina Smith and U.S. Representative Angie Craig Announce Plan to Strengthen Meat and Poultry Supply Chain
WASHINGTON, D.C. [1.4.22] – Today, U.S. Senator Tina Smith and Representative Angie Craig (both D-Minn.) announced new plans to create a more competitive, fair, and resilient meat and poultry sector. These initiatives will help secure better earnings for producers while ensuring more choices and affordable prices for consumers. The funding for this plan is available through the American Rescue Plan, which Senator Smith and Rep. Craig helped pass earlier this year. “Just a handful of large companies have come to dominate the meat and poultry processing industry, which means higher prices for consumers and shrinking earnings for producers,” said Sen.
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