Bill · H.R. 7245· House(119-HR-7245)
LIMBER Timber Act of 2026
- Introduced
- 1/27/2026
- Last activity
- 1/27/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Janelle Bynum
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "LIMBER Timber Act of 2026," proposes several tax credits to promote the use of mass timber. It establishes a credit for investments in mass timber manufacturing plants. It also creates a credit to support workforce development for those in the mass timber industry. Additionally, it provides a credit for the construction of structures using mass timber. All three credits are set to expire after December 31, 2030.
Yes· 3 of 8
Is this likely to create jobs?+5
The bill provides a 50 percent credit for expenses related to hiring, recruitment, and training in the mass timber industry.
Would business owners be better off under this?+5
The bill provides direct financial benefits to business owners in the timber, construction, and engineering sectors through various tax credits.
Does this put more money into wind, solar and other renewable power?+5
The bill promotes the use of renewable timber-based construction materials through investment and construction credits.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Support for Manufacturing Facilities: Taxpayers can receive a credit equal to 30 percent of qualified investments used to establish, expand, or re-equip mass timber manufacturing plants. (Section 2)
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Workforce Training and Hiring: Eligible taxpayers in manufacturing, construction, or architecture/engineering can receive a credit equal to 50 percent of qualified expenses, such as hiring, recruitment, training, and wages for specific programs. (Section 3)
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Incentives for Sustainable Construction: A credit is provided for the construction of structures where at least 50 percent of load-bearing components are mass timber and a high percentage of that timber comes from certified sources. (Section 3 and Section 4)
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Construction Incentives: Builders can receive a credit calculated by multiplying the square footage of qualifying structures by $5. (Section 4)
Potential Negative Impacts for People
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Expiration of Benefits: All established credits—for plant investment, workforce development, and construction—are scheduled to terminate after December 31, 2030, meaning the financial incentives will end. (Section 2, Section 3, and Section 4)
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Strict Requirements for Credits: To receive certain credits, taxpayers must meet specific requirements, such as ensuring at least 70 percent of the mass timber comes from specific certified sources or managed forests. (Section 3 and Section 4)
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Wage Limitations: For the workforce development credit, the amount taken into account for an individual employee cannot exceed $8,000. (Section 3)
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Increases Job Creation+5Improves Economic Growth+4Improves Small Business Support+4Reduces Small Business Taxes+3
- Demographic And Interest Groups
- Good For Business Owners+5Good For Farmers+3
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+5Improves Rural Development+3
- 1/27/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House