Bipartisan Mass Timber Bill Proposes Tax Credits to Lower Housing Construction Costs
Reps. Glenn Thompson (R-PA) and Andrea Salinas (D-OR) have introduced the bipartisan Mass Timber Growth and Innovation Act. The bill would provide tax incentives to expand domestic production of mass timber, a building material made from layers of wood bonded or fastened together into large panels and beams.
The sponsors say mass timber is well suited to housing projects where traditional wood framing may not be practical, and that components can be manufactured off-site and assembled quickly, which can shorten construction timelines and lower costs.
- Manufacturing credit: a 10% tax credit for investments in mass timber manufacturing facilities, including machinery, equipment and buildings, by adding mass timber to the existing Advanced Manufacturing Investment Credit.
- Research credit: a 20% credit covering every dollar a company spends on mass timber research, from new products to better production methods.
Salinas said Oregon needs to build nearly 500,000 new homes over the next 20 years and that mass timber can help build faster and more affordably. Thompson said the bill would strengthen the forest products industry and fund research.
Why it matters
The bill is a proposal and has not become law. It is aimed at construction costs, which builders and buyers both face.
Source: Rep. Glenn Thompson (R-PA), October 22, 2026. Read the original release
