,,ii #aag? ,,congress #a/ ,session ,s4 #abea ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #bj1 #bjba,mr4 ,braun 7= himself1 ,ms4 ,/ab5[1 ,mr4 ,graham1 ,mr4 ,:iteh\se1 ,mr4 ,boozman1 ,ms4 ,klobu*>1 ,mrs4 ,fis*]1 ,mr4 ,b5net1 ,mr4 ,grassley1 ,ms4 ,smi?1 ,ms4 ,ern/1 ,mr4 ,coons1 ,mr4 ,?une1 ,mr4 ,k+1 ,ms4 ,coll9s1 ,ms4 ,ros51 ,mr4 ,"y1 ,mr4 ,br[n1 ,mr4 ,hoev51 ,mrs4 ,%ahe51 ,mr4 ,rubio1 ,mr4 ,he9ri*1 ,mr4 ,cassidy1 ,mrs4 ,fe9/e91 ,ms4 ,murk[ski1 ,mr4 ,c>p]1 ,mr4 ,romney1 ,mr4 ,wyd51 ,mr4 ,crapo1 ,mr4 ,lujn1 ,mrs4 ,hyde-,smi?1 ,ms4 ,baldw91 ,ms4 ,lummis1 ,mr4 ,w>nock1 ,mr4 ,tub]ville1 ,mr4 ,m>%all1 ,mr4 ,cornyn1 & ,mr4 ,cram]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to au?orize ! ,secret>y ( ,agriculture to develop a program to r$uce b>ri]s to entry = f>m]s1 ran*]s1 & private =e/ l&[n]s 9 c]ta9 volunt>y m>kets1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,gr[+ ,climate ,solutions ,act ( #bjba4 #b4 ,gre5h\se gas te*nical assi/ance provid] & ?ird-p>ty v]ifi] c]tification program 7a7 ,purposes ,! purposes ( ?is section are-- 7#a7 to facilitate ! p>ticipation ( f>m]s1 ran*]s1 & private =e/ l&[n]s 9 volunt>y environm5tal cr$it m>kets1 includ+ ?r\gh ! ,program2 7#b7 to facilitate ! provision ( te*nical assi/ance ?r\gh cov]$ entities to f>m]s1 ran*]s1 & private =e/ l&[n]s 9 ov]com+ b>ri]s to entry into volunt>y environm5tal cr$it m>kets2 7#c7 to assi/ cov]$ entities 9 c]tify+ "u ! ,program2 & 7#d7 to e/abli% ! ,advisory ,c\ncil to advise ! ,secret>y reg>d+ ! ,program & o!r relat$ matt]s4 7b7 ,def9itions ,9 ?is section3 7#a7 ,advisory c\ncil ,! t]m ,advisory ,c\ncil means ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program ,advisory ,c\ncil e/abli%$ "u subsection 7g77#a74 7#b7 ,agriculture or =e/ry cr$it ,! t]m agriculture or =e/ry cr$it means a cr$it d]iv$ f ! prev5tion1 r$uction1 or mitigation ( gre5h\se gas emissions or c>bon seque/ration on agricultural l& or private =e/ l& t may be b\ght or sold on a volunt>y environm5tal cr$it m>ket4 7#c7 ,beg9n+ f>m] or ran*] ,! t]m beg9n+ f>m] or ran*] has ! mean+ giv5 ! t]m 9 section #beja7;a7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;a774 7#d7 ,cov]$ entity ,! t]m cov]$ entity means a p]son or ,/ate t ei!r-- 7,a7 is a provid] ( te*nical assi/ance to f>m]s1 ran*]s1 or private =e/ l&[n]s 9 c>ry+ out su/a9able l& use managem5t practices t-- 7i7 prev5t1 r$uce1 or mitigate gre5h\se gas emissions2 or 7ii7 seque/] c>bon2 or 7,b7 is a ?ird-p>ty v]ifi] entity t conducts ! v]ification ( ! processes describ$ 9 protocols = volunt>y environm5tal cr$it m>kets4 7#e7 ,gre5h\se gas ,! t]m gre5h\se gas means-- 7,a7 c>bon dioxide2 7,b7 me?ane2 7,c7 nitr\s oxide2 & 7,d7 any o!r gas t ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 det]m9es has be5 id5tifi$ to h heat trapp+ qualities4 7#f7 ,program ,! t]m ,program means ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program e/abli%$ "u subsection 7c74 7#g7 ,protocol ,! t]m protocol means a sy/ematic approa* t foll[s a sci5ce-bas$ me?odology t is transp>5t & ?or\gh to e/abli% requirem5ts-- 7,a7 = ! developm5t ( projects to prev5t1 r$uce1 or mitigate gre5h\se gas emissions or seque/] c>bon t include #a or m basel9e sc5>ios2 & 7,b7 to quantify1 monitor1 report1 & v]ify ! prev5tion1 r$uction1 or mitigation ( gre5h\se gas emissions or c>bon seque/ration by projects describ$ 9 subp>agraph 7,a74 7#h7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7#i7 ,socially disadvantag$ f>m] or ran*]2 socially disadvantag$ gr\p ,! t]ms socially disadvantag$ f>m] or ran*] & socially disadvantag$ gr\p h ! mean+ giv5 ^? t]ms 9 section #cee7;e7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #bjjc7;e774 7#aj7 ,te*nical assi/ance ,! t]m te*nical assi/ance means te*nical exp]tise1 in=mation1 & tools necess>y to assi/ a f>m]1 ran*]1 or private =e/ l&[n] :o is engag$ 9 or wants to engage 9 a project to prev5t1 r$uce1 or mitigate gre5h\se gas emissions or seque/] c>bon to meet a protocol4 7#aa7 ,volunt>y environm5tal cr$it m>ket ,! t]m volunt>y environm5tal cr$it m>ket means a volunt>y m>ket ?r\gh :i* agriculture or =e/ry cr$its may be b\ght or sold4 7c7 ,e/abli%m5t 7#a7 ,9 g5]al ,on ! date t is #bgj days aft] ! date ( enactm5t ( ?is ,act1 & aft] mak+ a positive det]m9ation "u p>agraph 7#b71 ! ,secret>y %all e/abli% a volunt>y program1 to be kn[n z ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program1 to c]tify cov]$ entities t ! ,secret>y det]m9es meet ! requirem5ts describ$ 9 subsection 7d74 7#b7 ,det]m9ation ,! ,secret>y %all e/abli% ! ,program only if1 aft] consid]+ relevant in=mation1 includ+ ! in=mation collect$ or review$ relat+ to ! assessm5t conduct$ "u subsection 7h77#a77;,a71 ! ,secret>y det]m9es t ! ,program w fur!r ea* ( ! purposes describ$ 9 p>agraphs 7#a7 & 7#b7 ( subsection 7a74 7#c7 ,report ,if ! ,secret>y det]m9es "u p>agraph 7#b7 t ! ,program w\ld n fur!r ! purposes describ$ 9 p>agraph 7#a7 or 7#b7 ( subsection 7a7 & does n e/abli% ! ,program1 ! ,secret>y %all publi% a report describ+ ! reasons ! ,program w\ld n fur!r ^? purposes4 7d7 ,c]tification qualifications 7#a7 ,9 g5]al 7,a7 ,protocols & qualifications ,aft] provid+ public notice & at lea/ a #fj-;day p]iod = public comm5t1 ! ,secret>y %all1 dur+ ! #ij-;day p]iod beg9n+ on ! date on :i* ! ,program is e/abli%$1 publi%-- 7i7 a li/ (1 & docum5ts relat+ to1 recogniz$ protocols = volunt>y environm5tal cr$it m>kets t are design$ to ensure consi/5cy1 reliability1 effectiv5ess1 effici5cy1 & transp>5cy1 includ+ protocol docum5ts & details relat+ to-- 7,i7 calculations2 7,,ii7 sampl+ me?odologies2 7,,iii7 acc\nt+ pr9ciples2 7,,iv7 sy/ems = v]ification1 monitor+1 measurem5t1 & report+2 & 7,v7 me?ods to acc\nt = additionality1 p]man5ce1 leakage1 &1 :]e appropriate1 avoidance ( d\ble c\nt+2 & 7ii7 descriptions ( qualifications = cov]$ entities t-- 7,i7 demon/rate t ! cov]$ entity c assi/ f>m]s1 ran*]s1 & private =e/ l&[n]s 9 accompli%+ ! purposes describ$ 9 p>agraphs 7#a7 & 7#b7 ( subsection 7a72 & 7,,ii7 demon/rate pr(ici5cy ) ! protocols describ$ 9 clause 7i74 7,b7 ,requirem5ts ,cov]$ entities c]tifi$ "u ! ,program %all ma9ta9 exp]tise 9 ! protocols describ$ 9 subp>agraph 7,a77i71 adh]e to ! qualifications describ$ 9 subp>agraph 7,a77ii71 & adh]e to any relevant conflict ( int]e/ requirem5ts1 z det]m9$ appropriate by ! ,secret>y1 =-- 7i7 ! provision ( te*nical assi/ance to f>m]s1 ran*]s1 & private =e/ l&[n]s = c>ry+ out activities describ$ 9 p>agraph 7#b72 or 7ii7 ! v]ification ( ! processes describ$ 9 protocols = volunt>y environm5tal cr$it m>kets t are us$ 9 c>ry+ out activities describ$ 9 p>agraph 7#b74 7#b7 ,activities ,! activities = :i* cov]$ entities may provide te*nical assi/ance or conduct v]ification ( processes "u ! ,program are curr5t & future activities t prev5t1 r$uce1 or mitigate gre5h\se gas emissions or seque/] c>bon1 :i* may include-- 7,a7 l& or soil c>bon seque/ration2 7,b7 emissions r$uctions d]iv$ f fuel *oice or r$uc$ fuel use2 7,c7 live/ock emissions r$uctions1 includ+ emissions r$uctions a*iev$ ?r\gh-- 7i7 fe$s1 fe$ additives1 & ! use ( byproducts z fe$ s\rces2 or 7ii7 manure managem5t practices2 7,d7 on-f>m en]gy g5]ation2 7,e7 en]gy fe$/ock production2 7,f7 f]tiliz] or nutri5t use emissions r$uctions2 7,g7 re=e/ation2 7,h7 =e/ managem5t1 includ+ improv+ h>ve/+ practices & ?9n+ diseas$ trees2 7,i7 prev5tion ( ! conv]sion ( =e/s1 grassl&s1 & wetl&s2 7,j7 re/oration ( wetl&s or grassl&s2 7,k7 grassl& managem5t1 includ+ prescrib$ graz+2 7,l7 curr5t practices associat$ ) private l& cons]vation programs adm9i/]$ by ! ,secret>y2 & 7,m7 su* o!r activities1 or comb9ations ( activities1 t ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 det]m9es to be appropriate4 7#c7 ,requirem5ts ,9 publi%+ ! li/ ( protocols & description ( qualifications "u p>agraph 7#a77;,a71 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all-- 7,a7 ensure t ! requirem5ts = cov]$ entities to c]tify "u ! ,program include ma9ta9+ exp]tise 9 all relevant in=mation relat+ to m>ket-bas$ protocols1 z appropriate1 ) reg>d to-- 7i7 quantification2 7ii7 v]ification2 7iii7 additionality2 7iv7 p]man5ce2 7v7 report+2 & 7vi7 o!r exp]tise1 z det]m9$ by ! ,secret>y2 & 7,b7 ensure t a cov]$ entity c]tifi$ "u ! ,program is requir$ to p]=m1 & to demon/rate exp]tise1 z det]m9$ by ! ,secret>y1 9 accordance ) be/ managem5t practices = agricultural & =e/ry activities t prev5t1 r$uce1 or mitigate gre5h\se gas emissions or seque/] c>bon4 7#d7 ,p]iodic review ,z appropriate1 ! ,secret>y %all p]iodically review & revise ! li/ ( protocols & description ( c]tification qualifications publi%$ "u p>agraph 7#a77;,a7 to include any additional protocols or qualifications t meet ! requirem5ts describ$ 9 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#c74 7e7 ,c]tification1 website1 & publication ( li/s 7#a7 ,c]tification ,a cov]$ entity may self-c]tify "u ! ,program by submitt+ to ! ,secret>y1 ?r\gh a website ma9ta9$ by ! ,secret>y-- 7,a7 a notification t ! cov]$ entity w-- 7i7 ma9ta9 exp]tise 9 ! protocols describ$ 9 clause 7i7 ( subsection 7d77#a77;,a72 & 7ii7 adh]e to ! qualifications describ$ 9 clause 7ii7 ( t subsection2 & 7,b7 appropriate docum5tation demon/rat+ ! exp]tise describ$ 9 subp>agraph 7,a77i7 & qualifications describ$ 9 subp>agraph 7,a77ii74 7#b7 ,website & solicitation ,dur+ ! #ahj-;day p]iod beg9n+ on ! date on :i* ! ,program is e/abli%$1 ! ,secret>y %all publi%1 ?r\gh an exi/+ website ma9ta9$ by ! ,secret>y-- 7,a7 in=mation describ+ h[ cov]$ entities may self-c]tify "u ! ,program 9 accordance ) p>agraph 7#a72 7,b7 in=mation describ+ h[ cov]$ entities may obta91 ?r\gh private tra9+ programs or ,dep>tm5t ( ,agriculture tra9+ programs1 ! requisite exp]tise-- 7i7 9 ! protocols describ$ 9 clause 7i7 ( subsection 7d77#a77;,a72 & 7ii7 to meet ! qualifications describ$ 9 clause 7ii7 ( t subsection2 7,c7 ! protocols & qualifications publi%$ by ! ,secret>y "u subsection 7d77#a77;,a72 & 7,d7 in/ructions & sugge/ions to assi/ f>m]s1 ran*]s1 & private =e/ l&[n]s 9 facilitat+ ! developm5t ( agriculture or =e/ry cr$its & access+ volunt>y environm5tal cr$it m>kets1 includ+-- 7i7 ?r\gh work+ ) cov]$ entities c]tifi$ "u ! ,program2 & 7ii7 by provid+ in=mation relat+ to programs1 regi/ries1 & protocols ( programs & regi/ries t provide m>ket-bas$ p>ticipation opportunities = work+ & cons]vation agricultural & =e/ry l&s4 7#c7 ,publication ,dur+ ! #a-ye> p]iod beg9n+ on ! date on :i* ! ,program is e/abli%$1 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil & foll[+ ! review by ! ,secret>y = complet5ess & accuracy ( ! c]tification notifications & docum5tation submitt$ "u p>agraph 7#a71 %all use an exi/+ website ma9ta9$ by ! ,secret>y to publi%-- 7,a7 a li/ ( cov]$ entities t are c]tifi$ "u p>agraph 7#a7 z te*nical assi/ance provid]s2 & 7,b7 a li/ ( cov]$ entities t are c]tifi$ "u p>agraph 7#a7 z v]ifi]s ( ! processes describ$ 9 protocols = volunt>y environm5tal cr$it m>kets4 7#d7 ,updates ,n less frequ5tly ?an qu>t]ly1 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all update ! li/s publi%$ "u p>agraph 7#c74 7#e7 ,submission ,! ,secret>y %all notify ,congress ( ! publication ( ! initial li/ "u p>agraph 7#c74 7#f7 ,requirem5t ,to rema9 c]tifi$ "u ! ,program1 a cov]$ entity %all cont9ue-- 7,a7 to ma9ta9 exp]tise 9 ! protocols describ$ 9 subp>agraph 7,a77i7 ( subsection 7d77#a72 & 7,b7 to adh]e to ! qualifications describ$ 9 subp>agraph 7,a77ii7 ( t subsection4 7#g7 ,audit+ ,n less frequ5tly ?an annually1 ! ,secret>y %all conduct audits ( cov]$ entities t are c]tifi$ "u ! ,program to ensure compliance ) ! requirem5ts "u subsection 7d77#a77;,b7 ?r\gh an audit process t includes a repres5tative sample (-- 7,a7 te*nical assi/ance provid]s2 & 7,b7 v]ifi]s ( ! processes describ$ 9 protocols = volunt>y environm5tal cr$it m>kets4 7#h7 ,revocation ( c]tification 7,a7 ,9 g5]al ,! ,secret>y may revoke ! c]tification ( a cov]$ entity "u ! ,program 9 ! ev5t (-- 7i7 noncompliance ) ! requirem5ts "u subsection 7d77#a77;,b72 or 7ii7 a violation ( subsection 7f77#b77;,a74 7,b7 ,notification ,if ! ,secret>y revokes a c]tification ( a cov]$ entity "u subp>agraph 7,a71 to ! ext5t practicable1 ! ,secret>y %all-- 7i7 reque/ f t cov]$ entity contact in=mation = all f>m]s1 ran*]s1 & private =e/ l&[n]s to :i* ! cov]$ entity provid$ te*nical assi/ance or ! v]ification ( ! processes describ$ 9 protocols = volunt>y environm5tal cr$it m>kets2 & 7ii7 notify ^? f>m]s1 ran*]s1 & private =e/ l&[n]s ( ! revocation4 7#i7 ,fair treatm5t ( f>m]s ,! ,secret>y %all ensure1 to ! maximum ext5t practicable1 t cov]$ entities c]tifi$ "u p>agraph 7#a7 act 9 good fai?-- 7,a7 to provide reali/ic e/imates ( co/s & rev5ues relat+ to activities & v]ification ( processes1 z applicable to ! cov]$ entity1 z describ$ 9 subsection 7d77#b72 & 7,b7 9 ! case ( te*nical assi/ance provid]s1 to assi/ f>m]s1 ran*]s1 & private =e/ l&[n]s 9 ensur+ t ! f>m]s1 ran*]s1 & private =e/ l&[n]s receive fair di/ribution ( rev5ues d]iv$ f ! sale ( an agriculture or =e/ry cr$it4 7#aj7 ,sav+s clause ,no?+ 9 ?is section au?orizes ! ,secret>y to compel a f>m]1 ran*]1 or private =e/ l&[n] to p>ticipate 9 a transaction or project facilitat$ by a cov]$ entity c]tifi$ "u p>agraph 7#a74 7f7 ,en=cem5t 7#a7 ,prohibition on claims 7,a7 ,9 g5]al ,a p]son t is n c]tifi$ "u ! ,program 9 accordance ) ?is section %all n kn[+ly make a claim t ! p]son is a ,,usda-c]tifi$ te*nical assi/ance provid] or ?ird-p>ty v]ifi] = volunt>y environm5tal cr$it m>kets or any sub/antially simil> claim4 7,b7 ,p5alty ,any p]son t violates subp>agraph 7,a7 %all be-- 7i7 subject to a civil p5alty equal to su* am\nt z ! ,secret>y det]m9es to be appropriate1 n to exce$ #a1jjj p] violation2 & 7ii7 ineligible to c]tify "u ! ,program = ! #e-ye> p]iod beg9n+ on ! date ( ! violation4 7#b7 ,submission ( fraudul5t in=mation 7,a7 ,9 g5]al ,a p]son1 reg>dless ( :e!r ! p]son is c]tifi$ "u ! program1 %all n submit fraudul5t in=mation z "p ( a notification "u subsection 7e77#a74 7,b7 ,p5alty ,any p]son t violates subp>agraph 7,a7 %all be-- 7i7 subject to a civil p5alty equal to su* am\nt z ! ,secret>y det]m9es to be appropriate1 n to exce$ #a1jjj p] violation2 & 7ii7 ineligible to c]tify "u ! ,program = ! #e-ye> p]iod beg9n+ on ! date ( ! violation4 7g7 ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program ,advisory ,c\ncil 7#a7 ,9 g5]al ,dur+ ! #ij-;day p]iod beg9n+ on ! date on :i* ! ,program is e/abli%$1 ! ,secret>y %all e/abli% an advisory c\ncil1 to be kn[n z ! ,gre5h\se ,gas ,te*nical ,assi/ance ,provid] & ,?ird-,p>ty ,v]ifi] ,c]tification ,program ,advisory ,c\ncil4 7#b7 ,memb]%ip 7,a7 ,9 g5]al ,! ,advisory ,c\ncil %all be compos$ ( memb]s appo9t$ by ! ,secret>y 9 accordance ) ?is p>agraph4 7,b7 ,g5]al repres5tation ,! ,advisory ,c\ncil %all-- 7i7 be broadly repres5tative ( ! agriculture & private =e/ sectors2 7ii7 include socially disadvantag$ f>m]s & ran*]s & o!r hi/orically und]s]v$ f>m]s1 ran*]s1 or private =e/ l&[n]s2 & 7iii7 be compos$ ( n less ?an #ea p]c5t f>m]s1 ran*]s1 or private =e/ l&[n]s4 7,c7 ,memb]s ,memb]s appo9t$ "u subp>agraph 7,a7 %all include-- 7i7 n m ?an #b repres5tatives ( ! ,dep>tm5t ( ,agriculture1 z det]m9$ by ! ,secret>y2 7ii7 n m ?an #a repres5tative ( ! ,environm5tal ,protection ,ag5cy1 z det]m9$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy2 7iii7 n m ?an #a repres5tative ( ! ,national ,in/itute ( ,/&>ds & ,te*nology2 7iv7 n few] ?an #ab repres5tatives ( ! agriculture indu/ry1 appo9t$ 9 a mann] t is broadly repres5tative ( ! agriculture sector1 includ+ n few] ?an #f active f>m]s & ran*]s2 7v7 n few] ?an #d repres5tatives ( private =e/ l&[n]s or ! =e/ry & =e/ products indu/ry appo9t$ 9 a mann] t is broadly repres5tative ( ! private =e/ sector2 7vi7 n m ?an #d repres5tatives ( ! relevant sci5tific rese>* community1 includ+ n few] ?an #b repres5tatives f l&-grant colleges & univ]sities 7z def9$ 9 section #adjd ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #cajc771 ( :i* #a %all be a repres5tative ( a college or univ]sity eligible to receive funds "u ! ,act ( ,augu/ #cj1 #ahij 7commonly kn[n z ! ,second ,morrill ,act7 7#bf ,/at4 #dag1 *apt] #hda2 #g ,u4,s4,c4 #cba et seq471 includ+ ,tuskegee ,univ]sity2 7vii7 n m ?an #b exp]ts or pr(essionals famili> ) volunt>y environm5tal cr$it m>kets & ! v]ification requirem5ts 9 ^? m>kets2 7viii7 n m ?an #c memb]s ( nongov]nm5tal or civil society organizations ) relevant exp]tise1 ( :i* n few] ?an #a %all repres5t ! int]e/s ( socially disadvantag$ gr\ps2 7ix7 n m ?an #c memb]s ( private sector entities or organizations t p>ticipate 9 volunt>y environm5tal cr$it m>kets ?r\gh :i* agriculture or =e/ry cr$its are b\ght & sold2 & 7x7 any o!r individual :om ! ,secret>y det]m9es to be necess>y to ensure t ! ,advisory ,c\ncil is compos$ ( a div]se gr\p ( repres5tatives ( indu/ry1 academia1 indep5d5t rese>*]s1 & public & private entities4 7,d7 ,*air ,! ,secret>y %all designate a memb] ( ! ,advisory ,c\ncil to s]ve z ! ,*air4 7,e7 ,t]ms 7i7 ,9 g5]al ,! t]m ( a memb] ( ! ,advisory ,c\ncil %all be #b ye>s1 except t1 ( ! memb]s fir/ appo9t$-- 7,i7 n few] ?an #h memb]s %all s]ve = a t]m ( #a ye>2 7,,ii7 n few] ?an #ab memb]s %all s]ve = a t]m ( #b ye>s2 & 7,,iii7 n few] ?an #ab memb]s %all s]ve = a t]m ( #c ye>s4 7ii7 ,additional t]ms ,aft] ! initial t]m ( a memb] ( ! ,advisory ,c\ncil1 includ+ ! memb]s fir/ appo9t$1 ! memb] may s]ve n m ?an #d additional #b-ye> t]ms4 7#c7 ,meet+s 7,a7 ,frequ5cy ,! ,advisory ,c\ncil %all meet n less frequ5tly ?an annually1 at ! call ( ! ,*air4 7,b7 ,initial meet+ ,dur+ ! #ij-;day p]iod beg9n+ on ! date on :i* ! memb]s are appo9t$ "u p>agraph 7#b77;,a71 ! ,advisory ,c\ncil %all hold an initial meet+4 7#d7 ,duties ,! ,advisory ,c\ncil %all-- 7,a7 p]iodically review & recomm5d any appropriate *anges to-- 7i7 ! li/ ( protocols & description ( qualifications publi%$ by ! ,secret>y "u subsection 7d77#a77;,a72 & 7ii7 ! requirem5ts describ$ 9 subsection 7d77#a77;,b72 7,b7 make recomm5dations to ! ,secret>y reg>d+ ! be/ practices t %\ld be includ$ 9 ! protocols1 description ( qualifications1 & requirem5ts describ$ 9 subp>agraph 7,a72 & 7,c7 advise ! ,secret>y reg>d+-- 7i7 ! curr5t me?ods us$ by volunt>y environm5tal cr$it m>kets to quantify & v]ify ! prev5tion1 r$uction1 & mitigation ( gre5h\se gas emissions or seque/ration ( c>bon2 7ii7 additional consid]ations = c]tify+ cov]$ entities "u ! ,program2 7iii7 means to r$uce b>ri]s to entry 9 ! bus9ess ( provid+ te*nical assi/ance or ! v]ification ( ! processes describ$ 9 protocols = volunt>y environm5tal cr$it m>kets = cov]$ entities1 includ+ by improv+ te*nical assi/ance provid$ by ! ,secret>y2 7iv7 means to r$uce compliance & v]ification co/s = f>m]s1 ran*]s1 & private =e/ l&[n]s 9 ent]+ volunt>y environm5tal cr$it m>kets1 includ+ ?r\gh me*anisms & processes to aggregate ! value ( activities across l& own]%ip2 7v7 issues relat+ to l& & asset own]%ip 9 light ( evolv+ volunt>y environm5tal cr$it m>kets2 & 7vi7 additional means to r$uce b>ri]s to entry 9 volunt>y environm5tal cr$it m>kets = f>m]s1 ran*]s1 & private =e/ l&[n]s1 p>ticul>ly = hi/orically und]s]v$1 socially disadvantag$1 or limit$ res\rce f>m]s1 ran*]s1 or private =e/ l&[n]s4 7#e7 ,comp5sation ,! memb]s ( ! ,advisory ,c\ncil %all s]ve )\t comp5sation4 7#f7 ,conflict ( int]e/ ,! ,secret>y %all prohibit any memb] ( ! ,advisory ,c\ncil f-- 7,a7 engag+ 9 any det]m9ations or activities ( ! ,advisory ,c\ncil t may result 9 ! favor+ (1 or a direct & pr$ictable effect on-- 7i7 ! memb] or a family memb]1 z det]m9$ by ! ,secret>y2 7ii7 /ock own$ by ! memb] or a family memb]1 z det]m9$ by ! ,secret>y2 or 7iii7 ! employ] (1 or a bus9ess own$ 9 :ole or 9 "p by1 ! memb] or a family memb]1 z det]m9$ by ! ,secret>y2 or 7,b7 provid+ advice or recomm5dations reg>d+1 or o!rwise p>ticipat+ 91 matt]s ( ! ,advisory ,c\ncil t-- 7i7 con/itute a conflict ( int]e/ "u section #bjh ( title #ah1 ,unit$ ,/ates ,code2 or 7ii7 may call into "q ! integrity ( ! ,advisory ,c\ncil1 ! ,program1 or ! te*nical assi/ance or v]ification activities describ$ "u subsection 7d77#b74 7#g7 ,,faca applicability ,! ,advisory ,c\ncil %all be subject to ! ,f$]al ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app471 except t section #ad7;a77#b7 ( t ,act %all n apply4 7h7 ,assessm5t 7#a7 ,9 g5]al ,n lat] ?an #bdj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y1 9 consultation ) ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 %all-- 7,a7 conduct an assessm5t1 includ+ by incorporat+ in=mation f exi/+ publications & reports ( ! ,dep>tm5t ( ,agriculture & o!r entities ) relevant exp]tise1 reg>d+-- 7i7 ! numb] & categories ( non-,f$]al actors 9 ! nonpr(it & =-pr(it sectors involv$ 9 buy+1 sell+1 & trad+ agriculture or =e/ry cr$its 9 volunt>y environm5tal cr$it m>kets2 7ii7 ! e/imat$ ov]all dome/ic m>ket dem& = agriculture or =e/ry cr$its at ! end ( ! prec$+ #d-;cal5d> ye> p]iod1 & hi/orically1 9 volunt>y environm5tal cr$it m>kets2 7iii7 ! total numb] ( agriculture or =e/ry cr$its 7measur$ 9 metric tons ( c>bon dioxide equival5t7 t 7 e/imat$ to be 9 developm5t1 g5]at$1 or sold 9 m>ket transactions dur+ ! prec$+ #d-;cal5d> ye> p]iod1 & hi/orically1 9 volunt>y environm5tal cr$it m>kets2 7iv7 ! e/imat$ supply & dem& ( metric tons ( c>bon dioxide equival5t ( (fsets 9 ! global m>ketplace = ! next #d ye>s2 7v7 ! b>ri]s to entry due to compliance & v]ification co/s describ$ 9 subsection 7g77#d77;,c77iv72 7vi7 ! /ate ( monitor+ & measurem5t te*nologies ne$$ to quantify long-t]m c>bon seque/ration 9 soils & f o!r activities to prev5t1 r$uce1 or mitigate gre5h\se gas emissions 9 ! agriculture & =e/ry sectors2 7vii7 means to r$uce b>ri]s to entry into volunt>y environm5tal cr$it m>kets = small1 beg9n+1 & socially disadvantag$ f>m]s1 ran*]s1 & private =e/ l&[n]s & ! ext5t to :i* exi/+ protocols 9 volunt>y environm5tal cr$it m>kets all[ = aggregation ( projects among f>m]s1 ran*]s1 & private =e/ l&[n]s2 7viii7 means to lev]age exi/+ ,dep>tm5t ( ,agriculture programs & o!r ,f$]al programs t c\ld improve1 l[] ! co/s (1 & enhance ! deploym5t ( monitor+ & measurem5t te*nologies describ$ 9 clause 7vi72 7ix7 ! pot5tial impact ( ,dep>tm5t ( ,agriculture activities on supply & dem& ( agriculture or =e/ry cr$its2 7x7 ! pot5tial role ( ! ,dep>tm5t ( ,agriculture 9 enc\rag+ innovation 9 volunt>y environm5tal cr$it m>kets2 7xi7 ! ext5t to :i* ! exi/+ regimes = g5]at+ & sell+ agriculture or =e/ry cr$its1 z ! regimes exi/ at ! end ( ! prec$+ #d-;cal5d> ye> p]iod1 & hi/orically1 & exi/+ volunt>y environm5tal cr$it m>kets1 may be imp$$ or con/rict$1 or a*ieve great] scale & rea*1 if ! ,dep>tm5t ( ,agriculture 7 involv$1 includ+ by consid]+ ! role ( ! ,dep>tm5t ( ,agriculture 9 r$uc+ ! b>ri]s to entry id5tifi$ "u clause 7v71 includ+ by educat+ /akehold]s ab\t volunt>y environm5tal cr$it m>kets2 7xii7 ! ext5t to :i* exi/+ protocols 9 volunt>y environm5tal cr$it m>kets1 includ+ v]ification1 additionality1 p]man5ce1 & report+1 adequately take into consid]ation & acc\nt = factors enc\nt]$ by ! agriculture & private =e/ sectors 9 prev5t+1 r$uc+1 or mitigat+ gre5h\se gases or seque/]+ c>bon ?r\gh agriculture & =e/ry practices1 consid]+ v>iances across regions1 topography1 soil types1 crop or species v>ieties1 & bus9ess models2 7xiii7 ! ext5t to :i* exi/+ protocols 9 volunt>y environm5tal cr$it m>kets consid] options to ensure ! cont9u$ valuation1 ?r\gh disc\nt+ or o!r means1 ( agriculture & =e/ry cr$its 9 ! case ( ! practices und]ly+ ^? cr$its be+ disrupt$ due to unavoidable ev5ts1 includ+ production *all5ges & natural disa/]s2 & 7xiv7 opportunities = o!r volunt>y m>kets outside ( volunt>y environm5tal cr$it m>kets to fo/] ! trad+1 buy+1 or sell+ ( cr$its t are d]iv$ f activities t provide o!r ecosy/em s]vice b5efits1 includ+ activities t improve wat] quality1 wat] quantity1 wildlife habitat enhancem5t1 & o!r ecosy/em s]vices1 z ! ,secret>y det]m9es appropriate2 7,b7 publi% ! assessm5t2 & 7,c7 submit ! assessm5t to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate & ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives4 7#b7 ,quadri5nial assessm5t ,! ,secret>y1 9 consultation ) ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy & ! ,advisory ,c\ncil1 %all conduct ! assessm5t describ$ 9 p>agraph 7#a77;,a7 & publi% & submit ! assessm5t 9 accordance ) subp>agraphs 7,b7 & 7,c7 ( p>agraph 7#a7 e #d ye>s aft] ! publication & submission ( ! fir/ assessm5t "u subp>agraphs 7,b7 & 7,c7 ( p>agraph 7#a74 7i7 ,report ,n lat] ?an #b ye>s aft] ! date on :i* ! ,program is e/abli%$1 & e #b ye>s !reaft]1 ! ,secret>y %all publi% & submit to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate & ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives a report describ+1 = ! p]iod cov]$ by ! report-- 7#a7 ! numb] ( cov]$ entities t-- 7,a7 7 regi/]$ "u ! ,program2 7,b7 7 new regi/rants "u ! ,program1 if applicable2 & 7,c7 did n r5ew _! regi/ration "u ! ,program1 if applicable2 7#b7 ea* cov]$ entity ! c]tification ( :i* 0 revok$ by ! ,secret>y "u subsection 7e77#h72 7#c7 a review ( ! outcomes ( ! ,program1 includ+-- 7,a7 ! ability ( f>m]s1 ran*]s1 & private =e/ l&[n]s1 includ+ small1 beg9n+1 & socially disadvantag$ f>m]s1 ran*]s1 & private =e/ l&[n]s1 to develop agriculture or =e/ry cr$its ?r\gh cov]$ entities c]tifi$ "u ! ,program2 7,b7 me?ods to improve ! ability ( f>m]s1 ran*]s1 & private =e/ l&[n]s to ov]come b>ri]s to entry to volunt>y environm5tal cr$it m>kets2 & 7,c7 me?ods to fur!r facilitate p>ticipation ( f>m]s1 ran*]s1 & private =e/ l&[n]s 9 volunt>y environm5tal cr$it m>kets2 & 7#d7 any recomm5dations = improvem5ts to ! ,program4 7j7 ,confid5tiality 7#a7 ,prohibition 7,a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! ,secret>y1 any o!r (fic] or employee ( ! ,dep>tm5t ( ,agriculture or any ag5cy ( ! ,dep>tm5t ( ,agriculture1 or any o!r p]son may n disclose to ! public ! in=mation held by ! ,secret>y describ$ 9 subp>agraph 7,b74 7,b7 ,in=mation 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 ! in=mation prohibit$ f disclosure "u subp>agraph 7,a7 is-- 7,i7 in=mation collect$ by ! ,secret>y or publi%$ by ! ,secret>y "u subsection 7h7 or 7i72 7,,ii7 p]sonally id5tifiable in=mation1 includ+ 9 a contract or s]vice agreem5t1 ( a f>m]1 ran*]1 or private =e/ l&[n]1 obta9$ by ! ,secret>y "u p>agraph 7#g7 or 7#h77;,b77i7 ( subsection 7e72 & 7,,iii7 confid5tial bus9ess in=mation 9 a contract or s]vice agreem5t ( a f>m]1 ran*]1 or private =e/ l&[n] obta9$ by ! ,secret>y "u p>agraph 7#g7 or 7#h77;,b77i7 ( subsection 7e74 7ii7 ,aggregat$ release ,in=mation describ$ 9 clause 7i7 may be releas$ to ! public if ! in=mation has be5 trans=m$ into a /ati/ical or aggregate =m t does n all[ ! id5tification ( ! p]son :o suppli$ or is ! subject ( ! p>ticul> in=mation4 7#b7 ,exception ,p>agraph 7#a7 %all n prohibit ! disclosure-- 7,a7 ( ! "n ( any cov]$ entity publi%$ & submitt$ by ! ,secret>y "u subsection 7i77#b72 or 7,b7 by an (fic] or employee ( ! ,f$]al ,gov]nm5t ( in=mation describ$ 9 p>agraph 7#a77;,b7 z o!rwise direct$ by ! ,secret>y or ! ,attorney ,g5]al = en=cem5t purposes4 7k7 ,fund+ 7#a7 ,au?orization ( appropriations ,9 addition to ! am\nt made available "u p>agraph 7#b71 !re is au?oriz$ to be appropriat$ to c>ry out ?is section #a1jjj1jjj = ea* ( fiscal ye>s #bjbb ?r\gh #bjbf4 7#b7 ,direct fund+ 7,a7 ,rescission ,!re is resc9d$ #d1ajj1jjj ( ! unobligat$ balance ( am\nts made available by section #ajjc ( ! ,am]ican ,rescue ,plan ,act ( #bjba 7,public ,law #aag-b74 7,b7 ,direct fund+ ,if suffici5t unobligat$ am\nts made available by section #ajjc ( ! ,am]ican ,rescue ,plan ,act ( #bjba 7,public ,law #aag-b7 are available on ! date ( enactm5t ( ?is ,act to execute ! entire rescission describ$ 9 subp>agraph 7,a71 !n on ! day aft] ! execution ( ! entire rescission1 !re is appropriat$ to ! ,secret>y1 out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 #d1ajj1jjj to c>ry out ?is section4