S. 2350 · 115th Congress
Forest Incentives Program Act of 2018
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ShaheenSponsorNo cosponsors.
This bill directs the Department of Agriculture (USDA) to create certain programs that provide incentives to reduce greenhouse gas emissions.
What it does: CRS summary · Introduced in Senate · Jan 29, 2018
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Forest Incentives Program Act of 2018
Latest action (Jan 29, 2018): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Policy area: Public Lands and Natural Resources · Origin: Senate · Introduced: Jan 29, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.