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S 2350 115th Congress Senate Public Lands and Natural Resources Air quality Alternative and renewable resources Building construction Climate change and greenhouse gases Energy efficiency and conservation Forests, forestry, trees Land use and conservation Materials Wildlife conservation and habitat protection

Forest Incentives Program Act of 2018

Introduced: January 29, 2018 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 29, 2018
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Jan 29, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

Forest Incentives Program Act of 2018

This bill directs the Department of Agriculture (USDA) to create certain programs that provide incentives to reduce greenhouse gas emissions.

Specifically, USDA must establish an incentives program to achieve supplemental greenhouse gas emission reductions and carbon sequestration on U.S. private forest land (eligible land) through carbon incentives contracts and conservation easement agreements. Under the program, USDA must make payments to owners of eligible land for: (1) certain forestry practices that increase carbon sequestration and storage over a designated period on eligible land, and (2) conservation easements on eligible land.

In addition, USDA must establish an incentives program to achieve supplemental greenhouse gas emission reductions from materials in nonresidential buildings used for commercial or state or local government purposes. Under the program, USDA must provide owners of such buildings payments for the use of eligible products for sequestering carbon in those buildings. Eligible products are commercial or industrial products that are composed of biological products, including renewable agricultural and forestry materials.

What's happening now January 29, 2018

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

 Committees of jurisdiction 1