The LIMBER Timber Act establishes three new federal tax credits to encourage investment in mass timber—engineered wood products used in construction—through 2030. First, companies building or expanding mass timber manufacturing plants receive a 30 percent investment tax credit on equipment and facility costs. Second, businesses involved in mass timber manufacturing, construction, and design can claim a workforce development credit covering up to 50 percent of hiring, training, and apprenticeship expenses, with a per-employee annual cap of $8,000. Third, construction companies receive a $5 per square foot credit for buildings where at least half the load-bearing structural components use mass timber sourced from certified sustainable forests. All three credits require that at least 70 percent of mass timber come from Forest Stewardship Council-certified, Sustainable Forest Initiative-certified, or government-managed forests, and all credits expire after 2030. The bill targets manufacturers, construction contractors, architects, and engineers working with mass timber to boost domestic production and workforce development in this growing building sector.
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