Sponsor
Janelle S. Bynum
Representative · D-OR
Representative · D-OR
The bill directs targeted tax incentives to rapidly expand a domestic mass-timber industry, workforce, and lower-carbon building options — creating jobs and market demand for sustainable wood products while reducing federal revenue, favoring firms over most households, and introducing short-term sunset-driven uncertainty and compliance costs.
Domestic timber manufacturers, construction firms, and rural communities gain stronger demand and supply-chain growth as the bill incentivizes mass-timber production and use, supporting new manufacturing and construction jobs.
Employers in construction and mass-timber manufacturing receive a hiring/training/apprenticeship tax credit (up to $8,000 per employee) that lowers net costs to hire and train workers and expands registered apprenticeship and training opportunities.
Manufacturers that invest in qualifying mass-timber equipment receive a 30% tax credit on equipment, reducing project capital costs and encouraging manufacturing investment.
The credits reduce federal tax revenue across multiple provisions, increasing deficits or requiring offsets and potentially crowding out other federal spending priorities.
All major incentives sunset after 2030, creating planning uncertainty and risking a boom–bust cycle that complicates long-term industry investments and infrastructure planning.
Most immediate benefits flow to companies (manufacturers, builders, and employers) rather than ordinary homeowners or renters, so households that don't build or hire receive little direct relief.
Based on analysis of 4 sections of legislative text.
Creates three temporary tax credits: 30% ITC for mass-timber plants, 50% workforce training credit (max $8k/employee), and $5/sqft construction credit for qualifying mass-timber structures.
Official title: To amend the Internal Revenue Code of 1986 to establish the mass timber plant investment credit, the mass timber workforce development credit, and the mass timber construction credit.
Introduced January 27, 2026 by Janelle S. Bynum · Last progress January 27, 2026
Creates three temporary tax incentives to spur U.S. mass-timber manufacturing, workforce training, and mass-timber construction. The bill provides a 30% investment tax credit for qualifying mass-timber manufacturing plants, a workforce development credit equal to 50% of eligible training/hiring expenses (capped at $8,000 per employee per year), and a construction credit of $5 per square foot for qualifying mass-timber structures. All credits apply to property/expenses/structures after enactment and expire for taxable years beginning after December 31, 2030.