LIMBER Timber Act of 2026

This bill would create three new federal tax credits for businesses that work with mass timber, which is engineered wood used as structural building material. Businesses could claim a credit equal to 30 percent of what they invest in equipment for plants that manufacture mass timber. Businesses that make mass timber products, build with them, or design with them could claim a credit equal to 50 percent of hiring, training, and apprenticeship wage costs, up to $8,000 per employee per year. Builders could claim $5 per square foot for structures in which at least half of the load-bearing parts are mass timber and at least 70 percent of the mass timber comes from certified or managed forests. All three credits would end for tax years beginning after December 31, 2030.

Full text and official record on Congress.gov

Sponsors

• Janelle S. Bynum Democrat sponsor
• 0 cosponsors