Solid American Hardwood Tax Credit Act

# Solid American Hardwood Tax Credit Act (HR 3322) — Summary **What It Would Do** This bill would create a federal tax credit for businesses that use solid American hardwood in their products. The tax credit would provide financial incentives to companies that source and process hardwood from U.S. forests, making it more cost-effective for them to use domestic wood rather than imported materials or alternatives. **Who It Affects** The bill primarily targets hardwood manufacturers, furniture makers, construction companies, and other businesses that incorporate solid hardwood into their products. It could also indirectly benefit U.S.

forest workers and the timber industry by increasing domestic demand for American hardwood. Consumers might eventually see effects through changes in product pricing and availability. **Current Status** As of now, the bill is in committee and has not advanced to a full vote in the House of Representatives. This means it's still in the early stages of the legislative process and would need committee approval before progressing further.