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U.S. Lawmakers Propose Tax Credit for Mass-Timber Factory Investment

U.S. lawmakers Andrea Salinas and Glenn “GT” Thompson have introduced legislation proposing a tax credit for mass-timber manufacturing investment, according to Wood Central. The proposal would allow manufacturers of cross-laminated timber and glulam to claim 10% of qualifying investment. The article says the credit is modelled on an incentive written for semiconductor factories. It presents the measure as an effort to encourage more U.S.…

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Forestry news · Illustrative industry photograph; not a photograph of this news event.
Illustrative industry photograph; not a photograph of this news event.

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