Congress·In Committee·H.R. 7245
LIMBER Timber Act of 2026
Congress proposes new tax credits for mass timber factories, worker training, and $5-per-sq-ft buildings
Legislative Progress
House
Key Points
- Creates a tax credit worth 30% of the cost of equipment and other eligible property for factories that make mass timber products.
- Creates a tax credit worth 50% of certain hiring, recruiting, training, and apprenticeship wages for businesses working with mass timber, with up to $8,000 counted per worker each year.
- Creates a construction tax credit equal to $5 per square foot for buildings that use mass timber for at least half of key load-bearing parts.
- To qualify for the workforce and construction credits, at least 70% of the mass timber used must come from certified or approved sustainably managed forests.
- All three credits would end after 2030, and would apply only after the law is enacted (not retroactively).
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Mixed Impacts(1)
Positive Impacts(3)
Milestones
2 milestones2 actions
Jan 27, 2026
Referred to the House Committee on Ways and Means.
Jan 27, 2026
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
LIMBER Timber Act of 2026
Bill NumberHR 7245
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Ways and Means.
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.