Timber businesses and landowners would get financial aid during market disruptions.
This bill would create a new program to give money to logging and hauling businesses, as well as landowners who sell timber, when their markets face big problems. It would help them cover operational costs and find new opportunities. The program would be funded by money collected from taxes on Canadian softwood lumber imports.
Currently, no specific federal program helps timber businesses and landowners during market disruptions. This bill would create a new program, funded by duties on Canadian softwood lumber. It would provide financial assistance to eligible businesses and landowners when a market disruption is officially declared. Payments could include an initial amount up to $20,000, a second payment based on revenue loss, and potential yearly payments for up to five years if market problems continue.
HR 7195 · 119th Congress · January 22, 2026 · AI Summary by gemini-2.5-flash · 8/10
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