,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ajijf  ,,9 ,,! ,,h\se ,,(         
,,repres5tatives  ,octob] #bb1 #bjbf,mr4
 ,we/]man 7= himself & ,ms4 ,p]ez7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means1 & 9    
addition to ! ,committees on ,en]gy &   
,comm]ce1 ,transportation &             
,infra/ructure1 ,ov]sight & ,gov]nm5t   
,re=m1 ,sci5ce1 ,space1 & ,te*nology1   
,agriculture1 ,f9ancial ,s]vices1 ,arm$ 
,s]vices1 & ,natural ,res\rces1 = a     
p]iod to be subsequ5tly det]m9$ by !    
,speak]1 9 ea* case = consid]ation ( su*
 provisions z fall )9 ! jurisdiction ( !
 committee conc]n$  ,a ,,bill  ,to      
/r5g!n ,am]ican wood1 & = o!r purposes4 
#a4 ,%ort title2 table ( cont5ts  7a7   
,%ort title  ,?is ,act may be cit$ z !  
,/rong ,am]ican ,wood ,act4  7b7 ,table 
( cont5ts ,! table ( cont5ts = ?is ,act 
is z foll[s3 ,sec4 #a4 ,%ort title2     
table ( cont5ts4 ,title ,i--,inc5tives &
 ,rese>* ,sec4 #aja4 ,expansion ( c>bon 
oxide seque/ration cr$it to include     

solid c>bon capture facilities4 ,sec4   
#ajb4 ,cr$it = mass timb] build+s4 ,sec4
 #ajc4 ,e/abli%m5t ( emissions rate =   
fuels d]iv$ f biomass = purposes ( clean
 fuel production cr$it4 ,sec4 #ajd4     
,re9/atem5t ( inve/m5t & production     
cr$its = op5- & clos$-loop biomass      
facilities4 ,sec4 #aje4 ,r5ewable       
biomass def9ition4 ,sec4 #ajf4          
,e/abli%m5t ( ! ,build ,am]ica ,fund4   
,sec4 #ajg4 ,grants to promote ! build+ 
( s+le-family h\s+ us+ dome/ically-s\rc$
 timb]4 ,sec4 #ajh4 ,def9+ plant        
bio/imulants4 ,sec4 #aji4 ,bio*>        
innovations & opportunities =           
cons]vation1 heal?1 & advancem5ts 9     
rese>*4 ,sec4 #aaj4 ,*emical comp\nds   
d]iv$ f woody biomass4 ,sec4 #aaa4      
,modification ( re=e/ation exp5diture   
rules4 ,sec4 #aab4 ,treatm5t (          
re=e/ation exp5ditures = qualifi$       
natural disa/]s4 ,title ,,ii--,trade    
,sec4 #bja4 ,trade inve/igations4 ,sec4 
#bjb4 ,retaliatory measures ) respect to
 discrim9atory ,european ,union ,rules4 

,sec4 #bjc4 ,elim9ation ( ma*9e t>iffs =
 mills4 ,title ,,iii--,regulatory       
,*anges ,sec4 #cja4 ,requirem5t to      
procure dome/ic =e/ products4 ,sec4     
#cjb4 ,h>dwood1 ,s(twood1 ,pulp1 & ,pap]
 ,buy ,am]ica ,act4 ,sec4 #cjc4         
,revision ( national ambi5t air quality 
/&>d = ,,pm#b4e4 ,sec4 #cjd4 ,p]iodic   
review ( emission /&>ds = s\rces (      
haz>d\s air pollutants4 ,sec4 #cje4     
,supply *a9 /udy & assessm5ts4 ,sec4    
#cjf4 ,second>y inspections4  ,i        
,inc5tives & ,rese>*  #aja4 ,expansion (
 c>bon oxide seque/ration cr$it to      
include solid c>bon capture facilities  
7a7 ,9 g5]al ,section #de,q7c77#a7 ( !  
,int]nal ,rev5ue ,code ( #aihf is       
am5d$--  7#a7 9 subp>agraph 7,b77iii71  
by /rik+ or at ! end1  7#b7 9           
subp>agraph 7,c77ii71 by /rik+ ! p]iod  
at ! end & ins]t+ 1 or1 &  7#c7 by add+ 
at ! end ! foll[+ new subp>agraph3  7,d7
 9 ! case ( a solid c>bon capture       
facility1 any c>bon :i*--  7i7 is       
captur$ 9 solid =m by c>bon capture     

equipm5t1 &  7ii7 is measur$ at ! s\rce 
( capture & v]ifi$ at ! po9t ( disposal1
 injection1 or utilization4  4  7b7     
,solid c>bon capture facility ,section  
#de,q7e7 ( su* ,code is am5d$ by add+ at
 ! end ! foll[+ new p>agraph3  7#f7     
,solid c>bon capture facility  7,a7 ,9  
g5]al ,! t]m solid c>bon capture        
facility means any facility :i* uses    
c>bon capture equipm5t to capture c>bon 
9 solid =m4  7,b7 ,o!r t]ms ,) respect  
to a facility describ$ 9 subp>agraph    
7,a7-- 7i7 ! t]m capture means1 )       
respect to c>bon1 ! process :i* enables 
disposal1 injection1 or utilization (   
su* c>bon1 &  7ii7 ! t]m c>bon capture  
equipm5t means any equipm5t us$ at su*  
facility4  4  7c7 ,con=m+ am5dm5t       
,section #de,q7d7 ( su* ,code is am5d$  
by /rik+ or direct air capture facility 
9 ! matt] prec$+ p>agraph 7#a7 & ins]t+ 
1 direct air capture facility1 or solid 
c>bon capture facility4  7d7 ,effective 
date ,! am5dm5ts made by ?is section    
%all apply to c>bon captur$ aft] ! date 

( ! enactm5t ( ?is ,act4  #ajb4 ,cr$it =
 mass timb] build+s  7a7 ,9 g5]al       
,subp>t ,d ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end ! foll[+
 new section3  #de;,,bb4 ,cr$it = mass  
timb] build+s  7a7 ,9 g5]al ,= purposes 
( section #ch1 ! mass timb] build+s     
cr$it det]m9$ "u ?is section = any      
taxable ye> is an am\nt equal to ! sum (
 ! am\nts det]m9$ "u subsection 7b7 )   
respect to ea* qualifi$ mass timb]      
build+ plac$ 9 s]vice by ! taxpay] dur+ 
! taxable ye> 9 ! c\rse ( ! trade or    
bus9ess ( ! taxpay]4  7b7 ,p] build+    
am\nt  7#a7 ,9 g5]al ,! am\nt det]m9$ "u
 ?is subsection ) respect to any        
qualifi$ mass timb] build+ %all be equal
 to #he = ea* metric ton ( c>bon dioxide
 /or$ 9 ! load-be>+ /ructural compon5ts 
( su* build+ :i* consi/ ( mass timb]4   
7#b7 ,inflation adju/m5t ,9 ! case ( any
 taxable ye> beg9n+ 9 a cal5d> ye> aft] 
#bjbg1 !re %all be sub/itut$ = ! doll>  
am\nt 9 p>agraph 7#a7 an am\nt equal to 

! product (-- 7,a7 su* doll> am\nt1     
multipli$ by  7,b7 ! inflation adju/m5t 
factor = su* cal5d> ye> det]m9$ "u      
section #dc7;b77#c77;,b7 = su* cal5d>   
ye>1 det]m9$ by sub/itut+ #bjbf = #aiij4
  ,! am\nt det]m9$ "u ! prec$+ s5t5ce   
%all be r\nd$ to ! ne>e/ c5t4  7c7      
,qualifi$ mass timb] build+ ,= purposes 
( ?is section--  7#a7 ,9 g5]al ,! t]m   
qualifi$ mass timb] build+ means any    
build+-- 7,a7 ! con/ruction ( :i* beg9s 
be=e ,janu>y #a1 #bjcf1 &  7,b7 :i*     
meets ! requirem5ts ( p>agraph 7#b74    
7#b7 ,requirem5ts ,a build+ meets !     
requirem5ts ( ?is p>agraph if--  7,a7 n 
less ?an #fe p]c5t ( ! load-be>+        
/ructural compon5ts ( su* build+ consi/ 
( mass timb]1 or  7,b7 n less ?an #ajj  
metric tons ( c>bon dioxide is /or$ 9 ! 
load-be>+ /ructural compon5ts ( su*     
build+ :i* consi/ ( mass timb]4  7d7    
,mass timb] ,= purposes ( ?is section1 !
 t]m mass timb] means eng9e]$ wood      
products made f solid wood pieces into  
l>ge /ructural pieces "u controll$      

conditions4 ,su* t]m %all n include any 
eng9e]$ wood product unless su* product 
is produc$ 9 ! ,unit$ ,/ates 7z def9$ 9 
section #fch7a77 or a possession ( !    
,unit$ ,/ates 7z def9$ 9 section        
#fch7b774  7e7 ,special rules  7#a7     
,cr$it r$uc$ = tax-exempt bonds ,rules  
simil> to ! rules "u section #de7;b77#c7
 %all apply = purposes ( ?is section4   
7#b7 ,re/rictions relat+ to prohibit$   
=eign entities ,no cr$it %all be det]m9$
 "u subsection 7a7 = any taxable ye> if 
! taxpay] is-- 7,a7 a specifi$ =eign    
entity 7z def9$ 9 section               
#ggja7;a77#ea77;,b771 or  7,b7 a        
=eign-influ5c$ entity 7z def9$ 9 section
 #ggja7;a77#ea77;,d71 det]m9$ )\t reg>d 
to clause 7i77,,ii7 !re(74  7f7         
,increas$ cr$it am\nt = qualifi$ mass   
timb] build+s  7#a7 ,9 g5]al ,9 ! case (
 any qualifi$ mass timb] build+ :i*     
satisfies ! requirem5ts ( p>agraph 7#b71
 ! am\nt ( ! cr$it det]m9$ "u subsection
 7a7 %all be equal to su* am\nt 7det]m9$
 )\t reg>d to ?is s5t5ce7 multipli$ by  

#e4  7#b7 ,requirem5ts ,! requirem5ts   
describ$ 9 ?is p>agraph are t1 ) respect
 to any qualifi$ mass timb] build+ !    
con/ruction ( :i* beg9s on or aft] !    
date t is #fj days aft] ! ,secret>y     
publi%es guidance ) respect to !        
requirem5ts ( p>agraphs 7#c77;,a7 &     
7#d7-- 7,a7 subject to subp>agraph 7,b7 
( p>agraph 7#c71 ! taxpay] satisfies !  
requirem5ts "u subp>agraph 7,a7 ( su*   
p>agraph ) respect to su* build+1 &     
7,b7 ! taxpay] satisfies ! requirem5ts  
"u p>agraph 7#d7 ) respect to !         
con/ruction ( su* build+4  7#c7         
,prevail+ wage requirem5ts  7,a7 ,9     
g5]al ,! requirem5ts describ$ 9 ?is     
subp>agraph ) respect to any qualifi$   
mass timb] build+ are t ! taxpay] %all  
ensure t any labor]s & me*anics employ$ 
by ! taxpay] or any contractor or       
subcontractor 9 ! con/ruction ( su*     
build+ %all be paid wages at rates n    
less ?an ! prevail+ rates = con/ruction 
( a simil> "* 9 ! locality 9 :i* su*    
build+ is locat$ z mo/ rec5tly det]m9$  

by ! ,secret>y ( ,labor1 9 accordance ) 
sub*apt] ,,iv ( *apt] #ca ( title #dj1  
,unit$ ,/ates ,code4  7,b7 ,correction &
 p5alty relat$ to failure to satisfy    
wage requirem5ts ,rules simil> to !     
rules ( section #de7;b77#g77;,b7 %all   
apply4  7#d7 ,appr5tice%ip requirem5ts  
,rules simil> to ! rules ( section      
#de7;b77#h7 %all apply4  7g7            
,regulations ,! ,secret>y %all issue su*
 regulations or o!r guidance z may be   
necess>y or appropriate to c>ry out !   
purposes ( ?is section4  4  7b7 ,cr$it  
made "p ( g5]al bus9ess cr$it ,section  
#ch7;b7 ( su* ,code is am5d$ by /rik+   
plus at ! end ( p>agraph 7#dj71 by /rik+
 ! p]iod at ! end ( p>agraph 7#da7 &    
ins]t+ 1 plus1 & by add+ at ! end !     
foll[+ new p>agraph3  7#db7 ! mass timb]
 build+s cr$it det]m9$ "u section       
#de;,,bb4  4  7c7 ,cl]ical am5dm5t ,!   
table ( sections = subp>t ,d ( "p ,,iv (
 sub*apt] ,a ( *apt] #a ( su* ,code is  
am5d$ by add+ at ! end ! foll[+ new     
item3  #de;,,bb4 ,cr$it = mass timb]    

build+s4  4  7d7 ,effective date ,!     
am5dm5ts made by ?is section %all apply 
to build+s plac$ 9 s]vice 9 taxable ye>s
 beg9n+ aft] ,decemb] #ca1 #bjbf4  #ajc4
 ,e/abli%m5t ( emissions rate = fuels   
d]iv$ f biomass = purposes ( clean fuel 
production cr$it  7a7 ,9 g5]al ,section 
#de,z7b77#a77;,b7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$--  7#a7 9 clause 
7i71 by /rik+ & 7v7 & ins]t+ 7v71 &     
7vi71 &  7#b7 by add+ at ! end ! foll[+ 
new clause3  7vi7 ,biomass ,except z    
provid$ 9 clause 7v71 9 ! case ( any    
transportation fuel :i* is d]iv$ f      
biomass 7z def9$ 9 subsection           
7d77#e77;,b77ii771 ! emissions rate =   
su* fuel %all be z]o4  4  7b7 ,effective
 date ,! am5dm5ts made by ?is section   
%all apply to emissions rates publi%$ = 
transportation fuel produc$ aft] ! date 
( ! enactm5t ( ?is ,act4  #ajd4         
,re9/atem5t ( inve/m5t & production     
cr$its = op5- & clos$-loop biomass      
facilities  7a7 ,inve/m5t cr$it ,section
 #dh7;a7 ( ! ,int]nal ,rev5ue ,code (   

#aihf is am5d$-- 7#a7 by r$esignat+     
p>agraph 7#af7 z p>agraph 7#ag71 &  7#b7
 by ins]t+ aft] p>agraph 7#ae7 ! foll[+ 
new p>agraph3  7#af7 ,application (     
cr$it to c]ta9 biomass facilities  7,a7 
,9 g5]al ,9 ! case ( any qualifi$       
prop]ty 7z def9$ 9 p>agraph 7#e77;,d77  
:i* is "p ( a specifi$ biomass          
facility--  7i7 su* prop]ty %all be     
treat$ z en]gy prop]ty = purposes ( ?is 
section1 &  7ii7 ! en]gy p]c5tage )     
respect to su* prop]ty is #cj p]c5t4    
7,b7 ,specifi$ biomass facility ,=      
purposes ( ?is p>agraph1 ! t]m specifi$ 
biomass facility means any facility--   
7i7 describ$ 9 p>agraph 7#b7 or 7#c7 (  
section #de7;d71 &  7ii7 ! con/ruction (
 :i* beg9s aft] ! date ( ! enactm5t (   
?is p>agraph4  4  7b7 ,production cr$it 
7#a7 ,application to new biomass        
facilities ,section #de7;d7 ( su* ,code 
is am5d$--  7,a7 9 p>agraphs 7#b7 &     
7#c71 by ins]t+ or aft] ! date ( !      
enactm5t ( ! ,/rong ,am]ican ,wood ,act1
 aft] ,janu>y #a1 #bjbe1 ea* place x    

appe>s1 &  7,b7 9 p>agraph              
7#c77;,a77ii71 by ins]t+ 1 or aft] !    
date ( ! enactm5t ( ! ,/rong ,am]ican   
,wood ,act aft] ,janu>y #a1 #bjbe4  7#b7
 ,t]m9ation ( c]ta9 limitations ,section
 #de7;b77#d7 ( su* ,code is am5d$ by    
add+ at ! end ! foll[+ new subp>agraph3 
7,c7 ,t]m9ation ,subp>agraphs 7,a7 &    
7,b7 %all n apply to any facility       
describ$ 9 p>agraph 7#b7 or 7#c7 (      
subsection 7d7 ! con/ruction ( :i* beg9s
 aft] ! date ( ! enactm5t ( ! ,/rong    
,am]ican ,wood ,act4  4  7c7 ,effective 
date ,! am5dm5ts made by ?is section    
%all apply to facilities ! con/ruction (
 :i* beg9s aft] ! date ( ! enactm5t (   
?is ,act4  #aje4 ,r5ewable biomass      
def9ition ,section #baa7o77#a77;,i7 ( ! 
,clean ,air ,act 7#db ,u4,s4,c4         
#gede7o77#a77;,i77 is am5d$--  7#a7 by  
/rik+ clause 7ii7 & ins]t+ ! foll[+3    
7ii7 ,mat]ials g5]at$ f manufactur+ =e/ 
products or wood products1 includ+ wood 
residuals1 pap] residuals1 sawdu/1 wood1
 wood *ips1 %av+s1 b>k1 s&]du/1 &       

trimm+s4  2  7#b7 by /rik+ clause 7iv7 &
 ins]t+ ! foll[+3  7iv7 ,trees1 %rubs1 &
 p>ts ( trees or %rubs1 includ+ sla% &  
/orm debris1 f--  7,i7 non-,f$]al l&2   
7,,ii7 ,national ,=e/ ,sy/em l&2        
7,,iii7 public l&s 7z def9$ 9 section   
#ajc ( ! ,f$]al ,l& ,policy & ,managem5t
 ,act ( #aigf72 or  7,,iv7 l& belong+ to
 an ,indian tribe or an ,indian         
individual1 t is held 9 tru/ by ! ,unit$
 ,/ates or subject to a re/riction aga9/
 ali5ation impos$ by ! ,unit$ ,/ates4  2
 &  7#c7 by /rik+ clause 7v7 & ins]t+ ! 
foll[+3  7v7 ,vegetation obta9$ f--     
7,i7 )9 #ajj feet ( a build+1 public    
infra/ructure1 or o!r area regul>ly     
occupi$ by p2 or  7,,ii7 )9 !           
wildl&-urban int]face 7z def9$ 9 section
 #aja ( ! ,heal?y ,=e/s ,re/oration ,act
 ( #bjjc 7#af ,u4,s4,c4 #feab774  4     
#ajf4 ,e/abli%m5t ( ! ,build ,am]ica    
,fund  7a7  ,9 g5]al  ,!re is e/abli%$ 9
 ! ,treasury ( ! ,unit$ ,/ates a fund to
 be kn[n z ! ,build ,am]ica ,fund 79 ?is
 ,act ref]r$ to z ! ,fund74 ,! ,secret>y

 ( ! ,treasury %all1 n lat] ?an #ahj    
days aft] ! date ( ! enactm5t ( ?is     
section1 transf] to ! ,fund f ! g5]al   
fund ( ! ,treasury an am\nt equal to #ie
 p]c5t ( ! sum ( ! am\nts receiv$ 9 !   
g5]al fund t are attributable to        
antidump+ & c\nt]vail+ duties collect$  
on imports ( s(twood lumb] betwe5       
,janu>y #a1 #bjag1 & ! ,septemb] #cj? ( 
! ye> prec$+ ! ye> 9 :i* section 0      
enact$1 includ+ duties assess$ pursuant 
to any f9d+ "u ,unit$ ,/ates antidump+  
or c\nt]vail+ duty law4  7b7 ,subsequ5t 
transf]s ( am\nts ,! ,secret>y ( !      
,treasury %all1 at ! end ( ea* fiscal   
ye> beg9n+ 9 ! ye> ( ! date ( ! enactm5t
 ( ?is section1 transf] to ! ,fund f !  
g5]al fund ( ! ,treasury an am\nt equal 
to #ie p]c5t ( ! sum ( ! am\nts receiv$ 
9 ! g5]al fund t are attributable to    
duties collect$ on imports ( s(twood    
lumb] dur+ su* fiscal ye>1 includ+      
duties assess$ pursuant to any f9d+ "u  
,unit$ ,/ates antidump+ or c\nt]vail+   
duty law4  7c7 ,use ( am\nts 9 ! ,fund  

7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury
 %all--  7,a7 use #ie p]c5t ( any       
deposit ( am\nts 9 ! ,fund to c>ry out !
 grant program e/abli%$ "u section #ajg2
 &  7,b7 use #e p]c5t ( any deposit (   
am\nts to promote ! dome/ic s(twood     
lumb] indu/ry bo? dome/ically &         
int]nationally to r$uce reliance on     
=eign products & exp& m>kets = ,am]ican 
wood products1 z det]m9$ by !           
,commission e/abli%$ "u subsection 7d74 
7#b7 ,availability ( am\nts ,am\nts 9 ! 
,fund %all1 not)/&+ any o!r provision ( 
law1 rema9 available until exp5d$4  7d7 
,e/abli%m5t ( ,dome/ic ,timb]           
,commission  7#a7 ,9 g5]al ,n lat] ?an  
#ahj days aft] ! date ( ! enactm5t ( ?is
 section ! ,secret>y ( ! ,treasury %all 
e/abli% a ,dome/ic ,timb] ,commission 79
 ?is ,act ref]r$ to at ! ,commission7   
compris$ ( ! foll[+3  7,a7 #d memb]s to 
be appo9t$ by ! ,secret>y ( ! ,treasury 
:o are citiz5s ( ! ,unit$ ,/ates & :o   
are actively engag$ 91 or repres5t1 !   
,unit$ ,/ates lumb]1 timb]1 or =e/ry    

indu/ry4 ,ea* memb] %all-- 7i7 repres5t 
entities prim>ily engag$ 9 dome/ic      
production1 process+1 or sale ( lumb]1  
timb]1 or =e/ry products )9 ! ,unit$    
,/ates2  7ii7 repres5t entities t are   
headqu>t]$ 9 ! ,unit$ ,/ates2 &  7iii7  
act 9 ! exclusive int]e/s ( ! ,unit$    
,/ates lumb]1 timb]1 & =e/ry indu/ries4 
7,b7 #d memb]s to be appo9t$ by !       
,secret>y ( ! ,treasury bas$ on         
recomm5dations ( memb]s provid$ by !    
,*ief ( ! ,unit$ ,/ates ,=e/ ,s]vice )  
ea* memb] resid+ 9 a diff]5t regions ( !
 ,unit$ ,/ates1 z det]m9$ by ! ,secret>y
 ( ! ,treasury4  7#b7 ,vacancies ,any   
vacancy 9 ! ,commission %all be fill$ 9 
! same mann] 9 :i* ! orig9al appo9tm5t 0
 made4  7#c7 ,comp5sation ,memb]s ( !   
,commission %all s]ve )\t comp5sation4  
7#d7 ,duties ,! ,commission %all by     
affirmative vote ( a ?ree-f\r?s majority
 vote ( ! memb]s det]m9e h[ ! am\nt     
describ$ 9 subsection 7c77#a77;,b7 %all 
be us$ to promote ! dome/ic s(twood     
lumb] indu/ry1 includ+ ! use ( residuals

 & l[ value timb]1 bo? dome/ically &    
int]nationally to r$uce reliance on     
=eign products & exp& m>kets = ,am]ican 
wood products4  7#e7 ,consultation by   
,secret>y ,! ,secret>y1 or 8 designee1  
%all f "t to "t b at lea/ annually1 meet
 & consult ) ! ,commission on ! policies
 & me*anisms be+ us$ to promote !       
dome/ic s(twood lumb] indu/ry bo?       
dome/ically & int]nationally to r$uce   
reliance on =eign products & exp& m>kets
 = ,am]ican wood products4  7e7 ,s(twood
 lumb] def9$ ,9 ?is section1 ! t]m      
s(twood lumb] means products describ$ 9 
! scope ( ! ,anti-,dump+ & ,c\nt]vail+  
,duty ord]s on c]ta9 s(twood lumb] f    
,canada publi%$ on ,janu>y #c1 #bjah1   
consi/5t ) det]m9ations by ! adm9i/]+   
au?ority or ,u4,s4 ,int]national ,trade 
,commission pursuant to section #gea or 
section #gha ( ! ,t>iff ,act ( #aicj1 z 
am5d$ & "p #cea ( title #ai1 ,code (    
,f$]al ,regulations1 & includes products
 classifi$ "u *apt] #dd ( ! h>moniz$    
t>iff s*$ule4  #ajg4 ,grants to promote 

! build+ ( s+le-family h\s+ us+         
dome/ically-s\rc$ timb]  7a7  ,9 g5]al  
,n lat] ?an #ahj days aft] ! ,secret>y (
 ! ,treasury transf]s am\nts f ! g5]al  
fund to ! ,fund "u section #ajf7;a71 !  
,secret>y ( ! ,treasury %all e/abli% a  
grant program1 & issue a notice ( fund+ 
ann\ncem5t1 to provide am\nts on a      
competitive basis to ,/ate h\s+ f9ance  
ag5cies to e/abli% & op]ate revolv+     
funds to promote ! con/ruction (        
s+le-family h\s+ us+ dome/ically-s\rc$  
timb]4  7b7 ,numb] ( grants ea* ye>     
7#a7 ,9 g5]al ,! ,secret>y %all aw>d at 
lea/ #a grant "u ?is section 9 ea*      
fiscal ye> foll[+ ! date ( ! enactm5t ( 
?is ,act4  7#b7 ,9 cases ( insuffici5t  
am\nts ,if 9 any fiscal ye> ! balance ( 
unobligat$ am\nts 9 ! ,fund is          
insuffici5t to aw>d a grant 9 ! m9imum  
am\nt specifi$ 9 p>agraph 7#a71 !       
,secret>y %all1 9 ! succe$+ fiscal ye>1 
aw>d a grant n lat] ?an #ahj days aft]  
suffici5t am\nts are available4  7c7    
,grant am\nts  7#a7 ,9 g5]al ,if !      

,secret>y is aw>d+ a grant to a ,/ate   
h\s+ f9ance ag5cy "u ?is section & su*  
,/ate h\s+ f9ance ag5cy has n previ\sly 
be5 aw>d$ a grant "u ?is section1 !n !  
am\nt ( su* grant %all be n less ?an    
#ajj1jjj1jjj & n great] ?an             
#bjj1jjj1jjj4  7#b7 ,additional grants  
,if ! ,secret>y has previ\sly aw>d$ a   
grant to a p>ticul> ,/ate h\s+ f9ance   
ag5cy "u ?is section & is aw>d+ ano!r   
grant to su* ,/ate h\s+ f9ance ag5cy "u 
?is section !n ! am\nt ( su* grant %all 
be n less ?an #bj1jjj1jjj & n great] ?an
 #ej1jjj1jjj4  7d7 ,requirem5ts =       
additional grants ,a ,/ate h\s+ f9ance  
ag5cy t has receiv$ a grant "u ?is      
section may only be aw>d$ ano!r grant "u
 ?is section if-- 7#a7 n few] ?an #e    
ye>s h elaps$ s9ce ! date ! ,/ate h\s+  
f9ance ag5cy 0 fir/ aw>d$ a grant "u ?is
 section2 &  7#b7 ! ,/ate h\s+ f9ance   
ag5cy has demon/rat$1 z det]m9$ by !    
,secret>y-- 7,a7 sub/antial deploym5t ( 
! am\nts provid$ ) ! fir/ grant ! ,/ate 
h\s+ f9ance ag5cy 0 aw>d$ "u ?is        

section2  7,b7 op]ation ( a revolv+ fund
 z requir$ "u ?is section2 &  7,c7      
measurable increases 9 h\s+ />ts        
support$ by dome/ically-s\rc$ timb]4    
7e7 ,applications  7#a7 ,9 g5]al ,to    
receive a grant "u ?is section1 a ,/ate 
h\s+ f9ance ag5cy %all submit to !      
,secret>y an application at su* "t & 9  
su* mann] z ! ,secret>y det]m9es        
appropriate4  7#b7 ,requirem5ts ,a ,/ate
 h\s+ f9ance ag5cy %all include 9 any   
application ! foll[+ in=mation p]ta9+ to
 ! ,/ate 9 :i* !y 7 e/abli%$3  7,a7 ,!  
home[n] vacancy rate1 z mo/ rec5tly     
report$ by ! ,director ( ! ,c5sus       
,bureau4  7,b7 ,! numb] ( h\s+ units p] 
#a1jjj resid5ts1 measur$ us+ ! mo/ rec5t
 population & h\s+ unit e/imates z      
report$ by ! ,director ( ! ,c5sus       
,bureau4  7,c7 ,! net h\s+ unit gr[?    
relative to population gr[?1 measur$ ov]
 a multi-ye> p]iod1 z det]m9$ by !      
,secret>y4  7,d7 ,! e/imat$ h\s+ unit   
%ortfall )9 ! ,/ate1 z det]m9$ us+ a    
me?odology disclos$ by ! ,/ate h\s+     

f9ance ag5cy & deem$ reasonable by !    
,secret>y4  7,e7 ,! m$ian price ( a s+le
 home 9 ! ,/ate4  7f7 ,use ( grant      
am\nts  7#a7 ,9 g5]al ,a ,/ate h\s+     
f9ance ag5cy %all use any am\nts aw>d$  
"u ?is section to e/abli% & op]ate a    
revolv+ fund4  7#b7 ,use ( am\nts 9     
revolv+ fund  7,a7  ,9 g5]al  ,a ,/ate  
h\s+ f9ance ag5cy %all use ! am\nts 9 ! 
revolv+ fund e/abli%$ "u subsection 7a7 
solely to provide repayable loans1      
includ+ d[n paym5t & clos+ co/ assi/ance
 loans1 loan gu>antees1 & cr$it         
enhancem5t products to p]sons con/ruct+ 
or pur*as+ s+le family homes us+        
dome/ically-s\rc$ lumb] 9 a mann] t     
complies ) ! requirem5ts describ$ 9     
p>agraph 7#c74  7,b7 ,requirem5t ,ea*   
repayable loan1 loan gu>antee1 & cr$it  
enhancem5t product provid$ "u           
subp>agraph 7,a7 %all be /ructur$ ) a   
legal obligation ( repaym5t4  7#c7      
,additional requirem5ts ,a ,/ate h\s+   
f9ance ag5cy %all ensure t ea*          
s+le-family home assi/$ by am\nts f !   

revolv+ fund su* ,/ate h\s+ f9ance ag5cy
 e/abli%$ "u p>agraph 7#a7 are--  7,a7  
sold to eligible homebuy]s2  7,b7       
con/ruct$ us+ dome/ically-s\rc$ wood    
products--  7i7 us+ only dome/ic lumb] =
 all /ructural wood fram+ compon5ts2 &  
7ii7 to ! maximum ext5t practicable z   
det]m9$ by ! ,secret>y1 us+ only        
dome/ically-s\rc$ or                    
dome/ically-manufactur$ wood products = 
non-/ructural compon5ts su* z cab9ets1  
%elv+1 int]ior door1 & trim2  7,c7 (f]$ 
= sale at a price t does n exce$ ! m$ian
 sales price ( a home 9 ! applicable    
metropolitan /ati/ical area1 :]e su*    
home is to be locat$1 z det]m9$ us+ !   
mo/ rec5t data available f ! ,director (
 ! ,c5sus ,bureau or ano!r data s\rce   
approv$ by ! ,secret>y2 &  7,d7         
con/ruct$ by eligible h\s+ develop]s :o 
%all provide ! ,/ate h\s+ f9ance ag5cy )
 access to su* f9ancial records1        
docum5ts1 & in=mation z ! ag5cy det]m9es
 necess>y to v]ify compliance ) ?is     
section & to ensure t funds are us$     

solely = eligible purposes4  7g7 ,report
 ,n lat] ?an #e ye>s aft] ! date ( !    
enactm5t ( ?is ,act1 ! ,secret>y %all   
submit to ! ,committee on ,bank+1 ,h\s+1
 & ,urban ,affairs ( ! ,s5ate & !       
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives a report :i*    
%all conta9-- 7#a7 ! numb] ( homes      
con/ruct$ us+ am\nts provid$ to ,/ate   
h\s+ f9ance ag5cies2  7#b7 ! m$ian sales
 price ( homes con/ruct$ us+ am\nts     
provid$ to ,/ate h\s+ f9ance ag5cies2   
7#c7 ! total am\nt ( dome/ically-s\rc$  
timb]1 measur$ 9 bo>d feet1 us$ 9 homes 
con/ruct$ us+ am\nts provid$ to ,/ate   
h\s+ f9ance ag5cies2 &  7#d7 an         
assessm5t ( fund+ ne$s1 includ+ any     
recomm5dations reg>d+ ! au?orization (  
additional funds = ! ,secret>y to c>ry  
out ! program4  7h7 ,def9itions ,9 ?is  
section3  7#a7 ,area m$ian income ,! t]m
 area m$ian income means ! m$ian        
h\sehold income = ! area 9 :i* !        
h\sehold is locat$1 z det]m9$ by !      
,secret>y ( ! ,treasury4  7#b7 ,eligible

 homebuy] ,! t]m eligible homebuy] means
 a p]son ^: h\sehold income does n exce$
 #bej p]c5t ( ! area m$ian income = !   
applicable metropolitan /ati/ical area  
or nonmetropolitan area1 z det]m9$ by ! 
,secret>y ( ! ,treasury4  7#c7 ,eligible
 h\s+ develop] ,! t]m eligible h\s+     
develop] means-- 7,a7 a p]son or entity 
:o--  7i7 is duly organiz$ & duly       
au?oriz$ to conduct bus9ess "u ! laws ( 
! ,/ate 9 :i* ! project is locat$2 &    
7ii7 demon/rates exp]i5ce & capacity to 
c>ry out resid5tial con/ruction or      
developm5t activities2 or  7,b7 any     
,unit$ ,/ates citiz5 or citiz5s :o-- 7i7
 own1 or w own at completion1 ! prop]ty 
on :i* ! eligible h\s+ is to be         
con/ruct$2  7ii7 are au?oriz$ "u ! laws 
( ! ,/ate 9 :i* ! project is locat$ to  
act z an own]-build] or o!rwise obta9 ! 
necess>y build+ p]mits = ! con/ruction (
 a dwell+ int5d$ = _! own occupancy z a 
pr9cipal resid5ce2 &  7iii7 assume      
responsibility = manag+ or p]=m+ !      
con/ruction ( su* dwell+1 includ+ by    

directly contract+ ) lic5s$             
subcontractors z requir$ "u ,/ate law4  
7#d7 ,s+le-family home ,! t]m           
s+le-family home means a /ructure-- 7,a7
 design$ & us$ z a s+le dwell+ unit = "o
 h\sehold2 &  7,b7 on its own p>cel (   
l&4  7#e7 ,/ate h\s+ f9ance ag5cy ,! t]m
 ,/ate h\s+ f9ance ag5cy means any      
public body1 ag5cy1 or in/rum5tality    
e/abli%$ "u ,/ate law & au?oriz$ to     
f9ance activities design$ to develop    
h\s+ & relat$ facilities4  7#f7         
,/ructural wood fram+ compon5t ,! t]m   
/ructural wood fram+ compon5t means1    
dim5sional lumb]1 /ructural panels1 &   
prim>y eng9e]$ wood memb]s includ+--    
7,a7 load-be>+ ext]ior & int]ior wall   
/uds1 plates1 & head]s2  7,b7 floor     
joi/s1 rim joi/s1 beams1 & gird]s2  7,c7
 ro( raft]s1 trusses1 ridge memb]s1 &   
/ructural block+2 &  7,d7 /ructural wood
 %ea?+ & subfloor+ panels us$ to transf]
 loads to ! /ructural sy/em ( ! home4   
#ajh4 ,def9+ plant bio/imulants  7a7 ,9 
g5]al ,section #b ( ! ,f$]al            

,insecticide1 ,fungicide1 & ,rod5ticide 
,act 7#g ,u4,s4,c4 #acf7 is am5d$--     
7#a7 by /rik+ subsection 7v7 & ins]t+ ! 
foll[+3  7v7 ,plant regulator  7#a7 ,9  
g5]al ,! t]m plant regulator means any  
sub/ance or mixture ( sub/ances int5d$1 
?r\gh physiological action1 = accel]at+ 
or ret>d+ ! rate ( gr[? or rate (       
maturation1 or = o!rwise alt]+ !        
behavior1 ( plants or ! produce !re(4   
7#b7 ,exclusions ,! t]m plant regulator 
does n include-- 7,a7 sub/ances to !    
ext5t t !y are int5d$ z plant nutri5ts1 
trace elem5ts1 nutritional *emicals1    
plant inoculants1 soil am5dm5ts1 or     
vitam9 hormone products2 or  7,b7 plant 
bio/imulants t-- 7i7 are ( biological   
orig92 or  7ii7 include *emical comp\nds
 t are syn!tically d]iv$1 b are         
/ructurally simil> & functionally       
id5tical to1 sub/ances ( biological     
orig94  2  7#b7 9 subsection 7hh7--     
7,a7 9 p>agraph 7#b71 by /rik+ or at !  
end2  7,b7 9 p>agraph 7#c7--  7i7 9 !   
matt] prec$+ subp>agraph 7,a71 by /rik+ 

sub/ances4 & ins]t+ sub/ances2 &  7ii7 9
 subp>agraph 7,b7--  7,i7 by ins]t+ 1 or
 aft] volatilization2 &  7,,ii7 by /rik+
 ! p]iod at ! end & ins]t+ a semicolon2 
&  7,c7 by ins]t+ be=e ! undesignat$    
matt] foll[+ p>agraph 7#c7 ! foll[+3    
7#d7 a plant bio/imulant2 or  7#e7 a    
nutritional *emical4  2 &  7#c7 by add+ 
at ! end ! foll[+3  7pp7 ,plant         
bio/imulant ,! t]m plant bio/imulant    
means a sub/ance1 microorganism1 or     
mixture !re(1 t1 :5 appli$ to se$s1     
plants1 ! rhizosph]e1 soil1 or o!r gr[? 
m$ia1 act to support a plant's natural  
processes indep5d5tly ( ! nutri5t cont5t
 ( t sub/ance1 microorganism1 or mixture
 !re(1 & t !reby improves-- 7#a7 nutri5t
 availability1 uptake1 or use effici5cy2
  7#b7 tol]ance to abiotic /ress2 &     
7#c7 consequ5t gr[?1 developm5t1        
quality1 or yield4  7qq7 ,nutritional   
*emical ,! t]m nutritional *emical--    
7#a7 means any sub/ance or mixture (    
sub/ances t int]acts ) plant nutri5ts 9 
a mann] :i* improves nutri5t            

availability or aids ! plant 9 acquir+  
or utiliz+ plant nutri5ts2 &  7#b7      
includes "s plant bio/imulants4  7rr7   
,vitam9 hormone product ,! t]m vitam9   
hormone product means a product consi/+ 
( a mixture ( plant hormones1 plant     
nutri5ts1 inoculants1 or soil am5dm5ts4 
4  7b7  ,regulations  ,n lat] ?an #abj  
days aft] ! date ( ! enactm5t ( ?is     
,act1 ! ,adm9i/rator ( ! ,environm5tal  
,protection ,ag5cy %all revise !        
regulations "u sub*apt] ,e ( *apt] ,i ( 
title #dj1 ,code ( ,f$]al ,regulations  
7z 9 effect on ! date ( ! enactm5t ( ?is
 ,act71 to c>ry out ! am5dm5ts made by  
subsection 7a74  #aji4 ,bio*>           
innovations & opportunities =           
cons]vation1 heal?1 & advancem5ts 9     
rese>*  7a7 ,demon/ration projects  7#a7
 ,e/abli%m5t  7,a7 ,9 g5]al ,subject to 
! availability ( appropriations made 9  
advance = su* purpose1 n lat] ?an #b    
ye>s aft] ! date ( enactm5t ( ?is       
section1 ! cov]$ ,secret>ies %all jo9tly
 e/abli% a program to ent] into         

p>tn]%ips ) eligible entities to c>ry   
out demon/ration projects to support !  
developm5t & comm]cialization ( bio*> 9 
accordance ) ?is subsection4  7,b7      
,location ( demon/ration projects ,9    
c>ry+ out ! program e/abli%$ "u         
subp>agraph 7,a71 ! cov]$ ,secret>ies   
%all1 to ! maximum ext5t practicable1   
ent] into p>tn]%ips ) eligible entities 
su* t n few] ?an "o bio*> demon/ration  
project "u ! program is c>ri$ out 9 ea* 
region ( ! ,=e/ ,s]vice & ea* region ( !
 ,bureau ( ,l& ,managem5t4  7#b7        
,proposals ,to be eligible to ent] into 
a p>tn]%ip to c>ry out a bio*>          
demon/ration project "u p>agraph        
7#a77;,a71 an eligible entity %all      
submit to ! cov]$ ,secret>ies a proposal
 at su* "t1 9 su* mann]1 & conta9+ su*  
in=mation z ! cov]$ ,secret>ies may     
require4  7#c7 ,priority ,9 select+     
proposals "u p>agraph 7#b71 ! cov]$     
,secret>ies %all give priority to ent]+ 
into p>tn]%ips ) eligible entities t    
submit proposals to c>ry out bio*>      

demon/ration projects t--  7,a7 h ! mo/ 
pot5tial to create new jobs & contribute
 to local economies1 p>ticul>ly 9 rural 
areas2  7,b7 h ! mo/ pot5tial to        
demon/rate--  7i7 new & innovative uses 
( bio*>2  7ii7 m>ket viability = co/    
effective bio*>-bas$ products2  7iii7 ! 
re/orative b5efits ( bio*> ) respect to 
=e/ hea? & resili5cy1 includ+ =e/ soils 
& wat]%$s2 or  7iv7 any comb9ation (    
purposes specifi$ 9 clauses 7i7 ?r\gh   
7iii72  7,c7 are locat$ 9 areas t h a   
high ne$ = bio*> production1 z det]m9$  
by ! cov]$ ,secret>ies1 due to-- 7i7    
ne>by l&s id5tifi$ z hav+ high1 v high1 
or extreme risk ( wildfire2  7ii7       
availability ( suffici5t quantities (   
fe$/ocks2 or  7iii7 a high level ( dem& 
= bio*> or o!r comm]cial byproducts (   
bio*>2 or  7,d7 satisfy any comb9ation (
 purposes specifi$ 9 subp>agraphs 7,a7  
?r\gh 7,c74  7#d7 ,use ( funds ,funds   
made available to an eligible entity "u 
! program e/abli%$ "u p>agraph 7#a77;,a7
 %all be us$ to--  7,a7 acquire & te/   

v>i\s fe$/ocks & _! efficacy2  7,b7     
develop & optimize comm]cially &        
te*nologically viable bio*> production  
units1 includ+ mobile & p]man5t units2  
7,c7 demon/rate-- 7i7 ! production (    
bio*> f =e/ residue2 &  7ii7 ! use (    
bio*> to re/ore =e/ heal? & resili5cy2  
7,d7 build1 exp&1 or e/abli% bio*>      
facilities2  7,e7 conduct rese>* on new 
& innovative uses ( bio*>2  7,f7        
demon/rate co/-effective m>ket          
opportunities = bio*> & bio*>-bas$      
products2  7,g7 c>ry out any o!r        
activities ! cov]$ ,secret>ies det]m9e  
appropriate2 or  7,h7 c>ry out any      
comb9ation ( ! purposes specifi$ 9      
subp>agraphs 7,a7 ?r\gh 7,f74  7#e7     
,fe$/ock requirem5ts ,to ! maximum ext5t
 practicable1 an eligible entity t      
c>ries out a bio*> demon/ration project 
"u ?is subsection %all1 ) respect to !  
fe$/ock us$ "u su* project1 d]ive at    
lea/ #ej p]c5t ( su* fe$/ock f =e/ ?9n+ 
& managem5t activities 7includ+ mill    
residues7 conduct$ on ,national ,=e/    

,sy/em l&s or public l&s4  7#f7 ,review 
( bio*> demon/ration  7,a7 ,9 g5]al ,!  
cov]$ ,secret>ies %all jo9tly conduct   
regionally specific rese>*1 includ+     
economic analyses & life-cycle          
assessm5ts1 on any bio*> produc$ f a    
demon/ration project c>ri$ out "u !     
program e/abli%$ 9 p>agraph 7#a77;,a71  
includ+--  7i7 ! effects ( su* bio*>    
on-- 7,i7 =e/ heal? & resili5cy2  7,,ii7
 c>bon capture & seque/ration1 includ+  
increas+ soil c>bon 9 ! %ort-t]m &      
long-t]m2  7,,iii7 productivity1 r$uc$  
input co/s1 & wat] ret5tion 9           
agricultural practices2  7,,iv7 ! heal? 
( soil & grassl&s us$ = graz+           
activities1 includ+ graz+ activities on 
,national ,=e/ ,sy/em l& & public l&2 & 
7,v7 environm5tal rem$iation activities1
 includ+ ab&on$ m9e l& rem$iation2  7ii7
 ! effectiv5ess ( bio*> z a co-product (
 bi(uels or 9 bio*emicals2 &  7iii7 !   
effectiv5ess ( o!r pot5tial uses ( bio*>
 to det]m9e if any su* use is           
te*nologically & comm]cially viable4    

7,b7 ,coord9ation ,! cov]$ ,secret>ies  
%all1 to ! maximum ext5t practicable1   
provide data1 analyses1 & o!r relevant  
in=mation collect$ "u subp>agraph 7,a7 )
 recipi5ts ( grants "u subsection 7b74  
7#g7 ,limitation on fund+ = e/abli%+    
bio*> facilities ,if ! cov]$ ,secret>ies
 provide to an eligible entity t ent]s  
into a p>tn]%ip ) ! cov]$ ,secret>ies "u
 p>agraph 7#a77;,a7 fund+ = e/abli%+ a  
bio*> facility1 su* fund+ may n exce$   
#ce p]c5t ( ! total capital co/ (       
e/abli%+ su* bio*> facility4  7b7 ,bio*>
 rese>* & developm5t grant program  7#a7
 ,e/abli%m5t ,! ,secret>y ( ! ,int]ior1 
9 consultation ) ! ,secret>y ( ,en]gy1  
%all e/abli% or exp& an exi/+ appli$    
bio*> rese>* & developm5t grant program 
to make competitive grants to eligible  
in/itutions to c>ry out ! activities    
describ$ 9 p>agraph 7#c74  7#b7         
,applications ,to be eligible to receive
 a grant "u ?is subsection1 an eligible 
in/itution %all submit to ! ,secret>y a 
proposal at su* "t1 9 su* mann]1 &      

conta9+ su* in=mation z ! ,secret>y ( ! 
,int]ior may require4  7#c7 ,use ( funds
 ,an eligible in/itution t receives a   
grant "u ?is subsection %all use ! grant
 funds to conduct appli$ rese>* on--    
7,a7 ! effect ( bio*> on =e/ heal? &    
resili5cy1 acc\nt+ = v>iations 9 bio*>1 
soil1 climate1 & o!r factors2  7,b7 !   
effect ( bio*> on soil heal? & wat]     
ret5tion1 acc\nt+ = v>iations 9 bio*>1  
soil1 climate1 & o!r factors2  7,c7 !   
long-t]m c>bon seque/ration pot5tial (  
bio*>2  7,d7 ! be/ managem5t practices )
 respect to bio*> & bio*>-bas$ products 
t maximize-- 7i7 c>bon seque/ration     
b5efits2  7ii7 ! comm]cial viability (  
su* products2 &  7iii7 ! application (  
su* products 9 =e/ry1 agriculture1      
environm5tal rem$iation1 wat] quality   
improvem5t1 & any o!r simil> uses1 z    
det]m9$ by ! ,secret>y ( ! ,int]ior2    
7,e7 ! regional uses ( bio*> to increase
 productivity & pr(itability1 includ+-- 
7i7 uses 9 agriculture & environm5tal   
rem$iation2 &  7ii7 use z a co-product 9

 fuel production2  7,f7 new & innovative
 uses = bio*> byproducts2 &  7,g7       
opportunities to exp& m>kets = bio*> &  
create relat$ jobs1 p>ticul>ly 9 rural  
areas4  7c7 ,reports  7#a7 ,report to   
congress ,n lat] ?an #b ye>s aft] ! date
 ( enactm5t ( ?is section1 ! cov]$      
,secret>ies %all submit to ,congress a  
report t--  7,a7 includes policy &      
program recomm5dations to improve !     
widespread use ( bio*>2  7,b7 id5tifies 
any area ( rese>* ne$$ to advance bio*> 
comm]cialization2 &  7,c7 id5tifies     
b>ri]s to fur!r bio*> comm]cialization1 
includ+ p]mitt+ & sit+ consid]ations4   
7#b7 ,mat]ials submitt$ 9 support ( !   
presid5t's budget ,beg9n+ ) ! second    
fiscal ye> t beg9s aft] ! date (        
enactm5t ( ?is section & annually       
!reaft] until ! date describ$ 9         
subsection 7d7--  7,a7 ! cov]$          
,secret>ies %all include 9 ! mat]ials   
submitt$ to ,congress 9 support ( !     
,presid5t's budget pursuant to section  
#aaje ( title #ca1 ,unit$ ,/ates ,code1 

a report describ+1 = ! fiscal ye> cov]$ 
by ! report1 ! /atus ( ea* demon/ration 
project c>ri$ out "u subsection 7a72 &  
7,b7 ! ,secret>y ( ! ,int]ior %all      
include 9 ! mat]ials submitt$ to        
,congress 9 support ( ! ,presid5t's     
budget pursuant to section #aaje ( title
 #ca1 ,unit$ ,/ates ,code1 a report     
describ+1 = ! fiscal ye> cov]$ by !     
report1 ! /atus ( ea* rese>* &          
developm5t grant c>ri$ out "u subsection
 7b74  7d7 ,sunset ,! au?ority to c>ry  
out ?is section %all t]m9ate on ! date t
 is #g ye>s aft] ! date ( enactm5t ( ?is
 section4  7e7 ,def9itions ,9 ?is       
section3  7#a7 ,bio*> ,! t]m bio*> means
 c>boniz$ biomass produc$ by conv]t+    
fe$/ock ?r\gh r$uctive !rmal process+ = 
non-fuel uses4  7#b7 ,eligible entity ,!
 t]m eligible entity means--  7,a7 a    
,/ate1 local1 special di/rict1 or       
,tribal gov]nm5t2  7,b7 an eligible     
in/itution2  7,c7 a private1            
non-private1 or coop]ative entity or    
organization2  7,d7 a ,national         

,laboratory 7z su* t]m is def9$ 9       
section #b ( ! ,en]gy ,policy ,act (    
#bjje 7#db ,u4,s4,c4 #aehja772 or  7,e7 
a p>tn]%ip or consortium ( two or m     
entities describ$ 9 subp>agraphs 7,a7   
?r\gh 7,d74  7#c7 ,eligible in/itution  
,! t]m eligible in/itution means        
l&-grant colleges & univ]sities1 includ+
 in/itutions eligible = fund+ "u !--    
7,a7 ,act ( ,july #b1 #ahfb 7#ab ,/at4  
#ejc1 *apt] #acj2 #g ,u4,s4,c4 #cja et  
seq472  7,b7 ,act ( ,augu/ #cj1 #ahij   
7#bf ,/at4 #dag1 *apt] #hda2 #g         
,u4,s4,c4 #cba et seq471 includ+        
,tuskegee ,univ]sity2  7,c7 ,public ,law
 #hg-ghh 7commonly kn[n z !             
,mc,intire-,/5nis ,act ( #aifb72 or     
7,d7 ,equity 9 ,educational ,l&-,grant  
,/atus ,act ( #aiid 7#g ,u4,s4,c4 #cja  
note2 ,public ,law #ajc-chb74  7#d7     
,fe$/ock ,! t]m fe$/ock means excess    
biomass 9 ! =m ( plant matt] or mat]ials
 t s]ves z ! raw mat]ial = ! production 
( bio*>4  7#e7 ,cov]$ secret>ies ,! t]m 
cov]$ ,secret>ies means--  7,a7 !       

,secret>y ( ,agriculture1 act+ ?r\gh !  
,*ief ( ! ,=e/ ,s]vice2  7,b7 !         
,secret>y ( ! ,int]ior1 act+ ?r\gh !    
,director ( ! ,bureau ( ,l& ,managem5t2 
&  7,c7 ! ,secret>y ( ,en]gy1 act+ ?r\gh
 ! ,director ( ! ,(fice ( ,sci5ce4      
#aaj4 ,*emical comp\nds d]iv$ f woody   
biomass  7a7 ,/udy  7#a7 ,9 g5]al ,!    
,secret>y %all conduct a /udy 9 ea*     
region ( ! ,=e/ ,s]vice to assess !     
types (1 & practices us+1 *emical       
comp\nds d]iv$ f woody biomass4  7#b7   
,report  ,n lat] ?an #bjj days aft] !   
date on :i* funds are fir/ made         
available to conduct ! /udy "u p>agraph 
7#a71 ! ,secret>y %all make publicly    
available1 & submit to ! ,committee on  
,agriculture ( ! ,h\se ( ,repres5tatives
 & ! ,committee on ,agriculture1        
,nutrition1 & ,=e/ry ( ! ,s5ate1 a      
report t describes ! results ( ! /udy4  
7b7 ,grant program  7#a7 ,e/abli%m5t ,n 
lat] ?an #ij days aft] ! date on :i* !  
,secret>y publi%es ! report requir$ "u  
subsection 7a77#b71 ! ,secret>y %all    

e/abli% or exp& an exi/+ woody biomass  
rese>* & developm5t grant program to    
make competitive grants to eligible     
entities 7z def9$ 9 section #aji74  7#b7
 ,applications ,to be eligible to       
receive a grant "u ?is subsection1 an   
eligible entity %all submit to !        
,secret>y a proposal at su* "t1 9 su*   
mann]1 & conta9+ su* in=mation z !      
,secret>y ( ,agriculture may require4   
7#c7 ,use ( funds ,an eligible entity t 
receives a grant "u ?is subsection %all 
use ! grant to c>ry out rese>* &        
developm5t ) respect to *emical comp\nds
 t c be d]iv$ f woody biomass4  7c7     
,def9ition ,9 ?is section1 ! t]m        
,secret>y means ! ,secret>y (           
,agriculture1 act+ ?r\gh ! ,*ief ( !    
,=e/ ,s]vice4  #aaa4 ,modification (    
re=e/ation exp5diture rules  7a7        
,increase 9 base exp5s+ am\nt ,section  
#aid7;b77#a77;,b7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$-- 7#a7 9 clause  
7i71 by /rik+ #aj1jjj & ins]t+ #cj1jjj1 
&  7#b7 9 clause 7ii71 by /rik+ #e1jjj &

 ins]t+ #ae1jjj4  7b7 ,inflation        
adju/m5t = base exp5s+ ,section         
#aid7;b77#a7 ( su* ,code is am5d$ by    
add+ at ! end ! foll[+ new subp>agraph3 
7,c7 ,inflation adju/m5t  7i7 ,9 g5]al  
,9 ! case ( any taxable ye> beg9n+ aft] 
#bjbf1 ea* doll> am\nt 9 subp>agraph    
7,b7 %all be increas$ by an am\nt equal 
to-- 7,i7 su* doll> am\nt1 multipli$ by 
7,,ii7 ! co/-(-liv+ adju/m5t det]m9$ "u 
section #a7;f77#c7 = ! cal5d> ye> 9 :i* 
! taxable ye> beg9s1 det]m9$ by         
sub/itut+ cal5d> ye> #bjbe = cal5d> ye> 
#bjaf 9 subp>agraph 7,a77ii7 !re(4  7ii7
 ,r\nd+ ,if any increase det]m9$ "u     
clause 7i7 is n a multiple ( #ajj1 su*  
increase %all be r\nd$ to ! ne>e/       
multiple ( #ajj4  4  7c7 ,effective date
 ,! am5dm5ts made by ?is section %all   
apply to am\nts paid or incurr$ 9       
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjbf4  #aab4 ,treatm5t ( re=e/ation    
exp5ditures = qualifi$ natural disa/]s  
7a7 ,9 g5]al ,"p ,,vi ( sub*apt] ,b (   
*apt] #a ( ! ,int]nal ,rev5ue ,code (   

#aihf is am5d$ by ins]t+ aft] section   
#aid;,a ! foll[+ new section3  #aid;,b4 
,treatm5t ( re=e/ation exp5ditures =    
qualifi$ natural disa/]s  7a7 ,9 g5]al  
7#a7 ,9 g5]al ,9 ! case ( any qualifi$  
timb] prop]ty ) respect to :i* ! taxpay]
 has made an election "u ?is section1   
!re %all be all[$ a d$uction = ! taxable
 ye> 9 an am\nt equal to ! less] (--    
7,a7 s mu* ( ! disa/]-relat$ re=e/ation 
exp5ditures paid or incurr$ by ! taxpay]
 dur+ su* taxable ye> ) respect to ea*  
qualifi$ timb] prop]ty ( ! taxpay] z    
does n exce$ #ejj1jjj 7#bej1jjj 9 ! case
 ( a m>ri$ taxpay] fil+ sep>ately7 )    
respect to any su* prop]ty1 or  7,b7    
#a1jjj1jjj 7#ejj1jjj 9 ! case ( a m>ri$ 
taxpay] fil+ sep>ately71 9 ! aggregate =
 all qualifi$ timb] prop]ties ) respect 
to disa/]-relat$ re=e/ation exp5ditures4
  7#b7 ,election ,an election "u ?is    
section %all be made at su* "t & 9 su*  
mann] z ! ,secret>y may prescribe1      
includ+ on an am5d$ return4  7#c7       
,det]m9ation ( m>ital /atus ,= purposes 

( ?is section1 m>ital /atus %all be     
det]m9$ "u section #ggjc7;a74  7#d7     
,inflation adju/m5t  7,a7 ,9 g5]al ,9 ! 
case ( any taxable ye> beg9n+ aft]      
#bjbf1 ea* ( ! doll> am\nts 9 p>agraph  
7#a7 %all be increas$ by an am\nt equal 
to-- 7i7 su* doll> am\nt1 multipli$ by  
7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u   
section #a7;f77#c7 = ! cal5d> ye> 9 :i* 
! taxable ye> beg9s1 det]m9$ by         
sub/itut+ cal5d> ye> #bjbe = cal5d> ye> 
#bjaf 9 subp>agraph 7,a77ii7 !re(4  7,b7
 ,r\nd+ ,if any increase "u subp>agraph 
7,a7 is n a multiple ( #ajj1 su*        
increase %all be r\nd$ to ! ne>e/       
multiple ( #ajj4  7#e7 ,controll$ gr\ps 
7,a7 ,9 g5]al ,9 ! case ( a controll$   
gr\p ( corporations or trades or        
bus9esses "u common control1 !          
limitations ( p>agraph 7#a7 %all be     
allocat$ among ! memb]s ( su* gr\p 9    
accordance ) regulations prescrib$ by ! 
,secret>y4  7,b7 ,def9ition ,= purposes 
( subp>agraph 7,a71 ! t]m controll$ gr\p
 has ! mean+ giv5 to ! t]m controll$    

gr\p ( corporations 9 section #aefc7;a71
 except t section #aefc7;a77#a7 %all be 
appli$ by sub/itut+ m ?an #ej p]c5t = at
 lea/ #hj p]c5t 9 ea* in/ance4  7,c7    
,pass ?ru entity ,9 ! case ( a p>tn]%ip 
or ,s corporation1 ! aggregate am\nt    
describ$ 9 p>agraph 7#a77;,b7 %all be   
appli$ at ! p>tn]%ip or ,s corporation  
level1 respectively4  7b7 ,def9itions & 
special rules ,= purposes ( ?is         
section--  7#a7 ,disa/]-relat$          
re=e/ation exp5ditures  7,a7 ,9 g5]al ,!
 t]m disa/]-relat$ re=e/ation           
exp5ditures means re=e/ation exp5ditures
 paid or incurr$ 9 connection ) uncut   
timb] t 0 damag$ or de/roy$ z a direct  
result ( a qualifi$ natural disa/] :i*  
occurr$ dur+ ! #e-ye> p]iod end+ on !   
date on :i* su* re=e/ation occurs1      
det]m9$ )\t reg>d-- 7i7 to any          
exp5diture ) respect to :i* ! taxpay]   
has receiv$ reimbursem5t "u any         
gov]nm5tal re=e/ation co/-%>+ program   
unless ! am\nts s reimburs$ h be5       
includ$ 9 ! gross income ( ! taxpay]1 & 

7ii7 any exp5ditures ) respect to :i* a 
d$uction is all[$ "u section #aid7;a74  
7,b7 ,qualifi$ timb] prop]ty2 re=e/ation
 exp5ditures2 co/-%>+ programs ,! t]ms  
qualifi$ timb] prop]ty1 re=e/ation      
exp5ditures1 & co/-%>+ programs h !     
mean+s giv5 su* t]ms 9 section #aid7;c74
  7,c7 ,uncut timb] ,! t]m uncut timb]  
means1 ) respect to a qualifi$ natural  
disa/]1 /&+ timb] t _h n be5 h>ve/$1    
sev]$1 or o!rwise cut be=e su* qualifi$ 
natural disa/] occurr$4  7,d7 ,qualifi$ 
natural disa/] ,! t]m qualifi$ natural  
disa/] means any disa/] det]m9$ by !    
,presid5t "u section #dja ( ! ,rob]t ,t4
 ,/af=d ,disa/] ,relief & ,em]g5cy      
,assi/ance ,act4  7#b7 ,treatm5t ( tru/s
 & e/ates ,! aggregate am\nt (          
disa/]-relat$ re=e/ation exp5ditures    
incurr$ by any tru/ or e/ate %all be    
apportion$ betwe5 ! income b5efici>ies &
 ! fiduci>y "u regulations prescrib$ by 
! ,secret>y4  7#c7 ,coord9ation ) o!r   
d$uctions ,no d$uction %all be all[$ "u 
any o!r provision o!r ?is *apt] )       

respect to any exp5diture ) respect to  
:i* a d$uction is all[$ or all[able "u  
subsection 7a7 to ! taxpay]4  7c7       
,recapture ^u e>ly disposition  7#a7 ,9 
g5]al ,if a taxpay] disposes ( any      
qualifi$ timb] prop]ty 7or any timb]    
!reon7 ) respect to :i* a d$uction 0    
all[$ "u subsection 7a7 )9 !            
#aj-taxable-ye> p]iod beg9n+ ) ! taxable
 ye> 9 :i* su* d$uction 0 claim$1 su*   
prop]ty %all be treat$ z section #abde  
prop]ty1 & ! am\nt requir$ to be        
recaptur$ z ord9>y income %all be       
det]m9$ "u section #abde & includ$ 9    
gross income = ! taxable ye> (          
disposition4  7#b7 ,recapture am\nt ,=  
purposes ( apply+ section #abde1 ! am\nt
 subject to recapture %all n exce$ !    
d$uction all[$ "u subsection 7a7 )      
respect to su* prop]ty4  7#c7 ,p>tial   
dispositions ,9 ! case ( a disposition (
 only a portion ( ! qualifi$ timb]      
prop]ty1 ! applicable portion ( !       
d$uction all[$ "u subsection 7a7 %all be
 subject to recapture "u section #abde 9

 ! same proportion t ! dispos$ portion  
be>s to ! entire prop]ty4  7#d7         
,exceptions ,p>agraph 7#a7 %all n apply 
to a disposition :i* occurs by reason   
(--  7,a7 casualty1 condemnation1 or    
gov]nm5tal tak+1 or  7,b7 dea? ( !      
taxpay]4  7d7 ,regulations ,! ,secret>y 
%all prescribe su* regulations z        
necess>y or appropriate to c>ry out ?is 
subsection1 includ+ rules = det]m9+     
proportional allocations4  4  7b7       
,cl]ical am5dm5t ,! table ( sections =  
"p ,,vi ( sub*apt] ,b ( *apt] #a ( su*  
,code is am5d$ by ins]t+ aft] ! item    
relat+ to section #aid;,a ! foll[+ new  
item3  ,sec4 #aid;,b4 ,treatm5t (       
re=e/ation exp5ditures = qualifi$       
natural disa/]s4  4  7c7 ,effective date
 ,! am5dm5ts made by ?is section %all   
apply to am\nts paid or incurr$ 9       
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjbf4  ,,ii ,trade  #bja4 ,trade       
inve/igations  7a7 ,national security   
inve/igations ,n lat] ?an #ij days aft] 
! date ( ! enactm5t ( ?is ,act1 !       

,secret>y ( ,comm]ce %all conduct       
inve/igations1 9 accordance ) !         
inve/igation proc$ures describ$ 9       
section #bcb ( ! ,trade ,expansion ,act 
( #aifb 7#ai ,u4,s4,c4 #ahfb71 to       
det]m9e--  7#a7 :e!r imports ( pap] &   
wood impair ! national security ( !     
,unit$ ,/ates2 &  7#b7 :e!r supply *a9s 
= dome/ic pulp & pap]1 h>dwood1 &       
s(twood goods are suffici5tly important 
to ! national security ( ! ,unit$ ,/ates
 = imports ( su* products to impair !   
national security ( ! ,unit$ ,/ates =   
purposes ( ! au?orities provid$ by t    
section4  7b7 ,t>iff effectiv5ess       
inve/igation ,! ,secret>y %all /udy !   
effectiv5ess ( decreas+ or limit+ duties
 & o!r export re/rictions "u su* section
 #bcb ) respect to f9i%$ pap] products &
 f9i%$ wood products1 ) a focus on      
det]m9+ ! mann] & ext5t to :i* su*      
re/rictions are circumv5t$4  7c7 ,trade 
agreem5t inve/igation ,! ,unit$ ,/ates  
,trade ,repres5tative %all /udy !       
effectiv5ess ( actions tak5 "u section  

#cja ( ! ,trade ,act ( #aigd 7#ai       
,u4,s4,c4 #bdaa7 & det]m9e if additional
 actions "u su* section are ne$$4  #bjb4
 ,retaliatory measures ) respect to     
discrim9atory ,european ,union ,rules ,!
 ,unit$ ,/ates ,trade ,repres5tative    
%all impose1 ) respect to articles      
import$ f any c\ntry t is a memb] ( !   
,european ,union1 retaliatory t>iffs    
pursuant to ! au?ority provid$ by       
section #cja7;a77#a77;,b77ii7 ( ! ,trade
 ,act ( #aigd 7#ai ,u4,s4,c4            
#bdaa7;a77#a77;,b77ii77 if ! ,european  
,union-- 7#a7 imposes or en=ces any     
de=e/ation regulation ) respect to      
products import$ f ! ,unit$ ,/ates2 or  
7#b7 imposes or en=ces fumigant rules or
 o!r high] b>ri]s to entry = wood *ip   
products relative to o!r wood products  
import$ f ! ,unit$ ,/ates4  #bjc4       
,elim9ation ( ma*9e t>iffs = mills  7a7 
,9 g5]al ,! ,presid5t %all take su* /eps
 z may be necess>y to elim9ate all      
t>iffs on ea* article classifiable "u   
ea* head+ li/$ 9 subsection 7b7 t is    

import$ into ! ,unit$ ,/ates = use by a 
sawmill1 pulp mill1 or pap] mill4  7b7  
,articles def9$ ,! head+s li/$ 9 ?is    
subsection are ! foll[+ head+s "u !     
,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$     
,/ates3 7#a7 #hdda4cj4jj4jj4  7#b7      
#hdda4aj4jj4jj4  7#c7 #hdda4ij4jj4jj4   
7#d7 #hdci4aj4jj4aj4  7#e7              
#hdci4bj4jj4aj4  7#f7 #hdci4cj4jj4jj4   
7#g7 #hdbb4dj4ia4gj4  7#h7              
#gcji4jj4jj4cj4  7#i7 #hdjb4aa4jj4jj4   
7#aj7 #hdjb4ij4jj4jj4  7#aa7            
#hdai4ia4jj4gh4  7#ab7 #hdfe4ia4jj4gh4  
7#ac7 #hdfe4if4jj4dj4  7#ad7            
#hdfe4ii4jb4aj4  7#ae7 #hdgi4cj4jj4jj4  
7#af7 #hdgi4hi4ie4ii4  7#ag7            
#hdgi4ij4ie4fj4  7#ah7 #hdbh4ij4jc4jj4  
7#ai7 #hdbh4hi4jc4ij4  ,,iii ,regulatory
 ,*anges  #cja4 ,requirem5t to procure  
dome/ic =e/ products  7a7 ,prohibition  
,! head ( a ,f$]al ag5cy may n procure  
any h>dwood1 s(twood1 pulp1 or a pap]   
product1 or any product 7includ+        
furniture or manufactur$ product7 made f
 h>dwood1 s(twood1 pulp1 or a pap]      

product1 unless-- 7#a7 ! h>dwood1       
s(twood1 pulp1 or pap] product is d]iv$ 
solely f timb] h>ve/$ & process$ 9 !    
,unit$ ,/ates2 &  7#b7 ) respect to a   
product made f su* h>dwood1 s(twood1    
pulp1 or pap] product1 ! product is     
fully process$1 assembl$1 & treat$      
7includ+ by any ma*9+1 %ap+1 s&+1 coat+1
 /a9+1 pa9t+1 lam9at+1 or seal+7 9 !    
,unit$ ,/ates s t-- 7,a7 no additional  
manufactur+ or surface treatm5t is      
requir$ ) respect to ! product beyond   
normal consum] use2 &  7,b7 ! product is
 ready = sale or end use4  7b7          
,def9ition ,9 ?is section1 ! t]m ,f$]al 
ag5cy has ! mean+ giv5 su* t]m 9 section
 #hcja ( title #da1 ,unit$ ,/ates ,code4
  #cjb4 ,h>dwood1 ,s(twood1 ,pulp1 &    
,pap] ,buy ,am]ica ,act ,section #gjiab 
( ! ,infra/ructure ,inve/m5t & ,jobs    
,act 7#da ,u4,s4,c4 #hcja note7 is am5d$
 by add+ at ! end ! foll[+3  7#h7       
,con/ruction mat]ials ,! t]m con/ruction
 mat]ials includes--  7,a7 h>dwood lumb]
 & h>dwood product2  7,b7 s(twood lumb] 

& s(twood product2  7,c7 pulp2  7,d7    
pap]2 &  7,e7 eng9e]$ wood4  4  #cjc4   
,revision ( national ambi5t air quality 
/&>d = ,,pm#b4e  7a7 ,revision ( /&>d   
,not)/&+ ! ,clean ,air ,act 7#db        
,u4,s4,c4 #gdja et seq471 n lat] ?an #ij
 days aft] ! date ( enactm5t ( ?is ,act1
 ! ,adm9i/rator ( ! ,environm5tal       
,protection ,ag5cy %all publi%          
regulations t revise ! national prim>y  
ambi5t air quality /&>d = ,,pm#b4e f #i 
micrograms p] cubic met] to #ab         
micrograms p] cubic met]4  7b7 ,/udy &  
report on ,,pm#b4e emissions relat$ to  
pap] mills  7#a7 ,/udy ,! ,adm9i/rator (
 ! ,environm5tal ,protection ,ag5cy %all
 /udy-- 7,a7 ! degree to :i* sawmills & 
pulp & pap] mills locat$ 9 ! ,unit$     
,/ates emit ,,pm#b4e2 &  7,b7 :e!r !    
op]ation ( su* mills r$uces ! rate (    
wildfires 9 ! ,unit$ ,/ates1 &1 if s1 h[
 su* r$uction affects ! total am\nt (   
emissions ( ,,pm#b4e 9 ! ,unit$ ,/ates4 
7#b7 ,report ,n lat] ?an #ahj days aft] 
! /udy requir$ "u p>agraph 7#a7 is      

complet$1 ! ,adm9i/rator ( !            
,environm5tal ,protection ,ag5cy %all   
submit to ,congress a report on su*     
/udy4  #cjd4 ,p]iodic review ( emission 
/&>ds = s\rces ( haz>d\s air pollutants 
,section #aab7;d77#f7 ( ! ,clean ,air   
,act 7#db ,u4,s4,c4 #gdab7;d77#f77 is   
am5d$ to read z foll[s3  7#f7 ,review & 
revision ,! ,adm9i/rator %all           
p]iodically review1 & revise z necess>y 
7tak+ into acc\nt developm5ts 9         
practices1 processes1 & control         
te*nologies71 emission /&>ds promulgat$ 
"u ?is section4  4  #cje4 ,supply *a9   
/udy & assessm5ts  7a7 ,dep>tm5t (      
,transportation /udy ,n lat] ?an #ij    
days aft] ! date ( enactm5t ( ?is ,act1 
! ,secret>y ( ,transportation %all      
conduct a /udy on railroad tie supply & 
include 9 su* /udy-- 7#a7 an assessm5t  
(--  7,a7 railroad tie inv5tory levels z
 ( ! date ( enactm5t ( ?is ,act2 &  7,b7
 dome/ic mill+ capacity = h>dwood       
cros/ies2 &  7#b7 an evaluation ( !     
viability ( condition+ ,f$]al fund+ =   

rail infra/ructure on dome/ically s\rc$ 
railroad ties4  7b7 ,dep>tm5t ( ,en]gy  
assessm5t  7#a7 ,assessm5t ,n lat] ?an  
#ij days aft] ! date ( ! enactm5t ( ?is 
,act1 ! ,secret>y ( ,en]gy %all conduct 
an assessm5t (--  7,a7 ! supply *a9 =   
h>dwood crane matt+ us$ 9 connection )  
oil & gas exploration1 or ! con/ruction 
( transmission l9es or facilities = !   
g5]ation ( electricity2 &  7,b7 !       
pot5tial = e/abli%+ dome/ic s\rc+       
requirem5ts ) respect to ! supply *a9 = 
h>dwood crane matt+ z a condition on !  
issuance ( ,f$]al p]mits1 or ! provision
 ( ,f$]al funds1 = projects = su*       
exploration or con/ruction4  7#b7       
,report ,^u completion ( ! assessm5t "u 
p>agraph 7#a71 ! ,secret>y ( ,en]gy %all
 submit to ! ,committee on ,en]gy &     
,comm]ce ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,en]gy & ,natural        
,res\rces ( ! ,s5ate1 & publi% on an    
appropriate website ( ! ,dep>tm5t (     
,en]gy1 a report conta9+ ! results ( su*
 assessm5t4  7c7 ,dep>tm5t ( ,def5se    

assessm5t  7#a7 ,9 g5]al ,n lat] ?an #ij
 days aft] ! date ( ! enactm5t ( ?is    
,act1 ! ,secret>y ( ,def5se %all conduct
 an assessm5t ( ! foll[+3  7,a7         
,vuln]abilities ( ! supply *a9 = h>dwood
 lumb]1 h>dwood lumb] products1 s(twood 
lumb]1 & s(twood lumb] products us$ 9   
pallets1 crates1 ammunition boxes1 or   
trail] floors manufactur$ or procur$ by 
! ,dep>tm5t ( ,def5se4  7,b7 ,! pot5tial
 = e/abli%+ dome/ic s\rc+ requirem5ts ) 
respect to su* supply *a94  7,c7 ,!     
pot5tial = lev]ag+ au?orities "u title  
,,iii ( ! ,def5se ,production ,act (    
#aiej 7#ej ,u4,s4,c4 #deca et seq47 to  
address capacity gaps 9 su* supply *a94 
7#b7 ,report2 det]m9ation ,n lat] ?an   
#ij days aft] ! date on :i* ! ,secret>y 
( ,def5se comm5ces ! assessm5t "u       
p>agraph 7#a71 ! ,secret>y %all submit  
to ! ,committee on ,arm$ ,s]vices ( !   
,h\se ( ,repres5tatives & ! ,committee  
on ,arm$ ,s]vices ( ! ,s5ate1 & publi%  
on an appropriate website ( ! ,dep>tm5t 
( ,def5se1 a report conta9+ ! results ( 

su* assessm5t4 ,su* report %all include 
a det]m9ation by ! ,secret>y z to :e!r  
to e/abli% any dome/ic s\rc+ requirem5t 
! pot5tial = :i* 0 assess$ "u p>agraph  
7#a77;,b74  #cjf4 ,second>y inspections 
7a7 ,second>y inspections requir$ ,!    
,commission] ( ,u4,s4 ,cu/oms & ,bord]  
,protection %all1 9 coord9ation ) !     
,adm9i/rator ( ! ,animal & ,plant ,heal?
 ,inspection ,s]vice ( ! ,dep>tm5t (    
,agriculture1 conduct second>y          
inspection & docum5tation review at all 
ports ( entry = e entry t includes      
import$ wood products1 includ+ lam9ate  
floor+1 eng9e]$ & composite furniture1  
v9yl wood-look products1 pulp & pap]    
products1 & s(twood lumb]4  7b7         
,disclosures requir$ ,! ,f$]al ,trade   
,commission1 9 coord9ation )            
,commission] ( ,u4,s4 ,cu/oms & ,bord]  
,protection & ! ,adm9i/rator ( ! ,animal
 & ,plant ,heal? ,inspection ,s]vice ( !
 ,dep>tm5t ( ,agriculture1 %all require 
all products import$ into ! ,unit$      
,/ates & m>ket$ z wood sub/itutes to    

disclose 9 full to pur*as]s ( su*       
products all *emical inputs us$ 9       
manufactur+ su* products4