; or (II) air capture. ; (2) in paragraph (4), by inserting , except food or feed from algae or biological capture and reuse of carbon after other than food or feed ; (3) in paragraph (12), by striking or forestry materials and inserting , forestry materials, or fuel derived from biological processing of carbon captured from an industrial source that would otherwise be released into the atmosphere or air capture ; and (4) in paragraph (13)(B)(ii)— (A) in subclause (III), by striking and at the end; (B) in subclause (IV), by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (V) fuel derived from biological processing of carbon captured from— (aa) an industrial source that would otherwise be released into the atmosphere; or (bb) air capture. . (b) Biobased Markets Program Section 9002 of the Farm Security and Rural Investment Act of 2002 ( 7 U.S.C. 8102 ) is amended by adding at the end the following: (k) Biobased content for recycled carbon Not later than 1 year after the date of the enactment of this Act, the Secretary shall establish biobased content methodology for products from biologically recycled carbon that provides full credit for carbon content from biological processing of carbon captured from— (1) an industrial source that would otherwise be released into the atmosphere; or (2) air capture. . (c) Biorefinery, renewable chemical, and biobased product manufacturing assistance Section 9003 of the Farm Security and Rural Investment Act of 2002 ( 7 U.S.C. 8103 ) is amended in subsection (b)(3)— (1) in subparagraph (A), by striking and at the end and inserting or ; and (2) in subparagraph (B)— (A) by inserting renewable chemical or biobased product before technology ; and (B) by striking biorefinery that produces an advanced biofuel. and inserting biorefinery. . (d) Biomass Crop Assistance Program Section 9011(a)(6)(C) of the Farm Security and Rural Investment Act of 2002 ( 7 U.S.C. 8111(a)(6)(C) ) is amended— (1) by striking subsection (iv)