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S 4643 116th 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 2020

Introduced: September 22, 2020 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
Sep 22, 2020
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sep 22, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Forest Incentives Program Act of 2020

This bill directs the Department of Agriculture (USDA) to establish two programs to achieve greenhouse gas emission reductions. Specifically, USDA must establish (1) a forest incentives program to achieve emission reductions and carbon sequestration on private forest land through carbon incentives contracts and conservation easement agreements, and (2) an incentives program to achieve emission reductions from material choices in buildings.

USDA shall pay owners of forest land under a contract or agreement for (1) certain forestry practices that measurably increase carbon sequestration and storage over a designated period on such land, with appropriate crediting for the carbon benefits of harvested wood products; or (2) conservation easements on such land.

USDA shall pay owners of nonresidential buildings used for commercial or state or local government for using less energy-intensive commercial or industrial products in new construction or building renovation.

What's happening now September 22, 2020

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

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1