Homegrown Fertilizer Act

The Homegrown Fertilizer Act directs the Secretary of Agriculture to provide grants and loans to help American businesses build or expand domestic fertilizer production facilities. This funding supports various activities such as constructing new plants, purchasing equipment, and improving manufacturing efficiency, with priority given to projects that increase competition and reduce fertilizer prices for farmers. Eligible recipients include independent businesses, cooperatives, nonprofits, and tribal organizations located within the United States, provided they do not already control a large market share in fertilizer production. Grants can reach up to $100 million and require matching funds from recipients, while loans follow existing federal farm program terms. The program also includes conditions requiring repayment if the funded facility is sold to a large market player within 10 years.