California Rep. Kelly Introduces Bill To Incentivize New Biomass Facilities
During the July 15 Transportation & Infrastructure Committee hearing of the U.S. House of Representative Rep. Kevin Kiley (I-CA) introduced H.R. 9746, the Biomass Facility Construction Act. This legislation would create a tax credit totaling 30% of the cost of construction for biomass facilities and allow them to concurrently receive the existing tax credit for energy produced via biomass.
“Our forests are overgrown and in desperate need of cleanup,” Rep. Kiley said in his remarks, which his office posted on YouTube. “A large contributor to this heightened wildfire risk is the buildup of limbs, leaves, shrubs, bushes, and dead wood, otherwise known as biomass. When biomass accumulates in our forests, it creates more fuel for wildfire.”
A large part of wildfire mitigation efforts is cleaning up this biomass, but contractors struggle with disposing of this material because there aren’t enough biomass facilities to bring it to. To help address the lack of facilities, this legislation provides a tax credit for biomass facility construction and energy production. This will lead to the construction of more biomass facilities, creating more access for contractors to offload this material and lower the costs of wildfire mitigation efforts.
Latest News
Arizona Sawmill To Reopen, Thanks To $10 Million Loan
An Arizona sawmill on the Fort Apache reservation in the eastern part of the state is reopening, thanks to a $10 million loan. U.S. Rep. Ann Kirkpatrick announced the funding Monday to the White Mountain…
Mississippi’s Kitchens Brothers Selling Shuttered Sawmills
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Equity Partners CRB and Heritage Global Partners have been retained to sell three hardwood sawmills on behalf of Kitchens Brothers Manufacturing Company. Equity Partners is seeking bids for each mill in…
Florida Land Is Cleared, Sold To Klausner Group
The Suwannee County Board of County Commissioners voted to deed a 155 acre property at Live Oak, Fla. for $1, with stipulations, to the Austrian company, Klausner, which plans to build a large southern pine…
Hawaii Lumber Industry Sees Strong Growth Ahead
Strong growth in the Hawaii lumber industry is predicted as construction activity is picking up locally and across the nation, said Ken Laughlin, president of the Hawaii Lumber Products Association. “The lumber industry is about…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.