HR 7245 · 119th Congress · Taxation
LIMBER Timber Act of 2026
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2026-01-27)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7245 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7245 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. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 27, 2026 Ms. Bynum introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Leveraging Investment in Mass Building and Employment with Renewable Timber Act of 2026'' or the ``LIMBER Timber Act of 2026''. SEC. 2. MASS TIMBER PLANT INVESTMENT CREDIT. (a) In General.--Subpart E of…
Summarized by Claude AI · Non-partisan · For informational purposes only