A bill to amend the Agricultural Act of 1949 to make Commodity Credit Corporation stocks available to promote the production of liquid fuels, and for other purposes.

Amends the Agricultural Act of 1949 to require that entities receiving Commodity Credit Corporation surplus commodities for liquid fuel (ethanol) production be State agencies or entities created by the State.

Limits: (1) the use of such commodities to the development and expansion of liquid fuel facilities; and (2) the annual amount of commodities available for such projects.

Terminates program authority five years after enactment of this Act.