OFFICIAL LEGAL TITLE
Forest Incentives Program Act of 2021
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_S_1043.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2021-03-25.
What are the main provisions?
Key points include:
- Private forest owners can receive payments for activities that increase carbon sequestration, such as tree planting or improved forest management.
- Long-term contracts (15-30 years) are available, with higher compensation rates for longer commitments.
- The program supports sustainable construction by offering financial incentives for using bio-based products in non-residential buildings.
- The goal is to reduce greenhouse gas emissions and create forestry jobs.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Shaheen, Jeanne [D-NH].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.