A bill to expand the research in agricultural commodities and forest products.

Amends the Rural Development Act of 1972 to direct the Secretary of Agriculture to make grants for research related to the production and marketing of industrial hydrocarbons derived from agricultural commodities and forest products. Directs the Secretary to carry out a program of four pilot projects for the production and marketing of such hydrocarbons by guaranteeing loans not to exceed $15,000,000 per project to public, private, or cooperative organizations.

Authorizes, for the research grant program, the appropriation of up to $24,000,000, not more than $3,000,000 of which may be awarded to the colleges and universities of any one State.