Biobased markets program

Section 9002 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8102) is amended— (1) in subsection (a)— (A) in paragraph (2), by adding at the end the following: (G) Procurement resources The Office of Federal Procurement Policy, in coordination with the Secretary, shall provide educational materials to procuring agencies to consider the longevity of a product, economic savings, and the efficacy and performance of a product when making procurement decisions under this subsection.; and (B) in paragraph (4)— (i) in subparagraph (A), by striking clause (ii) and redesignating clauses (iii) and (iv) as clauses (ii) and (iii), respectively; (ii) in subparagraph (B)(i)— (I) in the matter preceding subclause (I)— (aa) by inserting and the Secretary after Policy; and (bb) by striking information concerning— and inserting a report that describes, for the year covered by the report—; (II) in subclause (I), by inserting, including the actions taken by the procuring agency to establish and implement the biobased procurement program of the procuring agency under that paragraph before the semicolon; (III) in subclause (IV), by striking and at the end; (IV) in subclause (V), by striking and at the end; and (V) by adding at the end the following: (VI) (aa) the specific categories of biobased products that are unavailable to meet procurement needs of the procuring agencies; and (bb) the desired performance characteristics and other relevant specifications for those products; and (VII) if applicable, an explanation of the procurement requirement or updated procurement requirement established under paragraph (2)(A)(i) that procuring agencies failed to meet and reasons for the failure; and; and (iii) by adding at the end the following: (D) Accountability The Office of Federal Procurement Policy, in consultation with the Secretary, shall annually— (i) collect the information required to be reported under subparagraph (B) and make the information publicly available; (ii) using the information collected under subparagraph (B) of this paragraph, document relevant procuring agencies under paragraph (2)(A)(i) that, as applicable, have established a procurement program in accordance with paragraph (2)(A)(i)(I); and (iii) make the information publicly available, subject to the exemptions from disclosure under section 552(b) of title 5, United States Code.; (2) in subsection (f)— (A) in paragraph (1)— (i) in the heading, by inserting and NAPCS before codes; (ii) by inserting and North American Product Classification System codes before for—; and (iii) by striking subparagraphs (A) and (B) and inserting the following: (A) renewable chemicals manufacturers and biobased products manufacturers; and (B) renewable chemicals and biobased products.; and (B) by redesignating paragraph (2) as paragraph (3) and inserting after paragraph (1) the following: (2) Report To inform the development of codes under paragraph (1), the Secretary shall, within 90 days after the date of the enactment of this paragraph, submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate, a report that provides— (A) the Federal statistical collections of information related to the North American Industry Classification System codes and the North American Product Classification System codes that utilize bioeconomy-specific data; (B) recommendations to implement any bioeconomy-related changes as part of the 2027 revisions of the North American Industry Classification System codes and the North American Product Classification System codes; and (C) an assessment of the impacts that bioeconomy-specific North American Industry Classification System codes and North American Product Classification System codes would have on the measurement by the agency of the economic contributions of the bioeconomy.; and (3) in subsection (k)— (A) in paragraph (1), by striking 2024 and inserting 2031; and (B) in paragraph (2), by striking 2023 and inserting 2031.