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Tax Credit for Hardwood Home Improvements and Carbon Capture Changes.

This new law introduces a tax credit for individuals who invest in flooring, paneling, doors, or window frames made from American hardwood. This aims to encourage the use of natural materials that absorb carbon dioxide. Simultaneously, the act terminates increased support for carbon capture projects that begin after its enactment.
Key points
You may receive a tax credit for purchasing and installing flooring, paneling, doors, cabinetry, or window frames made from U.S.-grown and processed hardwood in your primary residence.
The credit applies only to new products expected to remain in use for at least 5 years.
Increased financial support for new carbon capture equipment projects will end after the law's enactment.
The energy efficient home improvement credit, including the new hardwood credit, is extended until 2035.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1964
Sponsor: Sen. Hyde-Smith, Cindy [R-MS]
Process start date: 2025-06-05
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Solid American Hardwood Tax Credit Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1964.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-06-05.

What are the main provisions?

Key points include:

  • You may receive a tax credit for purchasing and installing flooring, paneling, doors, cabinetry, or window frames made from U.S.-grown and processed hardwood in your primary residence.
  • The credit applies only to new products expected to remain in use for at least 5 years.
  • Increased financial support for new carbon capture equipment projects will end after the law's enactment.
  • The energy efficient home improvement credit, including the new hardwood credit, is extended until 2035.
What is the specific legal status?

The current status is Introduced.

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. Hyde-Smith, Cindy [R-MS].

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 2025-12-23.

CATEGORIES

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