Businesses using mass timber would get new tax breaks for factories, training, and construction.
This bill would create three new tax credits for businesses that make, build with, or train workers for mass timber. These tax breaks aim to lower costs for companies investing in mass timber factories, developing their workforce, and constructing buildings using this material. The credits would be available until the end of 2030.
Today, the government's tax rules do not include specific tax credits for businesses that invest in mass timber manufacturing. They also don't cover training workers for mass timber jobs or constructing buildings using mass timber. If this bill passes, businesses would be able to claim a 30 percent tax credit for mass timber plant investments, a 50 percent tax credit (up to $8,000 per employee) for workforce development, and a $5 per square foot tax credit for mass timber construction, all until the end of 2030.
HR 7245 · 119th Congress · January 27, 2026 · AI Summary by gemini-2.5-flash · 8/10
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