HB10852: Mass Timber Growth and Innovation Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Internal Revenue Code of 1986 to provide incentives for mass timber products, and for other purposes.
Plain-language summary
This bill would change U.S. tax law to create financial incentives for producing mass timber products, which are large engineered wood building materials made by gluing smaller pieces together. Mass timber can be used in construction as an alternative to steel and concrete. The bill is sponsored by three members of Congress from different parties and is currently in the early stage after being introduced. The specific tax incentives are not detailed in the available information.
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HB10852: Mass Timber Growth and Innovation Act
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Sponsors
Andrea Salinas
Primary SponsorCo-sponsors (3)
Glenn Thompson
Chellie Pingree
Suzanne Bonamici