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119-s-5461119th CongressWALLET

Strategic Fertilizer Reserve Act of 2026

Sponsored By: Senator Schumer, Charles E. [D-NY]

Introduced

Summary

Strategic Fertilizer Reserve to reduce fertilizer supply risk and stabilize prices for U.S. farmers and consumers. This bill would require a feasibility study and could create an independent Strategic Fertilizer Reserve Agency and a Treasury Reserve Fund to buy, store, rotate, and release key fertilizer inputs.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 0 costs, 3 mixed.

Fertilizer reserve fund and operations

If enacted, this would create a Strategic Fertilizer Reserve Fund in the Treasury. The Fund would receive congressional appropriations, proceeds from sales or exchanges of Reserve product, and other authorized amounts, and the Board could use Fund money without further yearly appropriations or fiscal‑year limits. The Board would be able to buy, lease, or condemn land; build or contract for storage, blending, packaging, transportation, and handling; and must follow safety, labor, and environmental laws. Stored inputs would have to be accessible to make fertilizer blends within 14 days after a Board withdrawal is authorized. The Board would issue regulations on acquisition, rotation, withdrawals, safety, and ethics within 180 days after the Reserve is established.

New fertilizer reserve agency setup

If enacted, this would create an independent Strategic Fertilizer Reserve Agency run by a nine‑member Board: the Secretary of Agriculture plus eight Presidential appointees confirmed by the Senate. Appointees would serve four‑year terms and may be reappointed once; the President would be asked to seek broad sectoral and geographic representation. Board members would be paid at the Executive Schedule level IV rate when working, staff pay would be capped at the annual equivalent of GS‑15, and the Board could hire necessary staff. The bill would impose strict ethics rules: covered officials and close family could not hold financial interests in covered contractors, contractors must certify no prohibited interests and disclose lobbying, and willful violations could lead to removal, debarment, or civil penalties. The Board would publish a list of covered entities and its ethics policies to the extent allowed by law.

Study, decision, and oversight reports

If enacted, the Secretary of Agriculture would have to complete a comprehensive feasibility study once funds are available and report the results within 180 days. The Secretary must decide whether to approve creating the Agency, the Reserve, and the Fund based on that study. The Board would also send annual reports to the House and Senate Agriculture Committees starting within one year after establishment listing inventory, acquisitions, withdrawals, facility conditions, and effects on availability and prices. The Comptroller General would review the Reserve's effectiveness and report within five years after establishment.

Sponsors & CoSponsors

Sponsor

Schumer, Charles E. [D-NY]

NY • D

Cosponsors

  • Sen. Klobuchar, Amy [D-MN]

    MN • D

    Sponsored 9/23/2026

Roll Call Votes

No roll call votes available for this bill.

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