Bill Sponsor
Senate Bill 1043
117th Congress(2021-2022)
Forest Incentives Program Act of 2021
Introduced
Introduced
Introduced in Senate on Mar 25, 2021
Overview
Text
Introduced
Mar 25, 2021
Latest Action
Mar 25, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1043
Congress
117
Policy Area
Public Lands and Natural Resources
Public Lands and Natural Resources
Primary focus of measure is natural areas (including wilderness); lands under government jurisdiction; land use practices and policies; parks, monuments, and historic sites; fisheries and marine resources; mining and minerals. Measures concerning energy supplies and production may fall under Energy policy area.
Sponsorship by Party
Democrat
New Hampshire
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Forest Incentives Program Act of 2021

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.

Text (1)
March 25, 2021
Actions (2)
03/25/2021
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
03/25/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:47:53 PM