StalledNext up: A senate committeeNo action in 13 months
A senate committee must act next: committee consideration.
Legislative Progress
Senate
No action since June 2025
House
President
Law
Key Points
This bill would allow homeowners to claim a tax credit for installing certain hardwood products in their main homes. This includes items like wood flooring, wall paneling, cabinets, and window frames.
To qualify for the credit, the wood must come from deciduous trees (hardwoods) that were grown and processed in the United States. The items must be new and expected to stay in the home for at least five years.
The bill treats these wood products as 'natural carbon sinks.' This is based on the idea that trees absorb carbon as they grow, and using that wood in a home keeps the carbon trapped instead of releasing it into the atmosphere.
The proposal would extend the existing tax credit for energy-efficient home improvements for an extra three years, moving the expiration date from 2032 to 2035.
To help cover the cost, the bill would end a different tax break that currently goes to industrial companies for capturing and storing carbon dioxide emissions.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Jun 5, 2025Senate
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Jun 5, 2025
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
