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S 1366 United States Senate · 118th Congress

Forest Incentives Program Act of 2023

S 1366 establishes a federal program to pay private forest landowners for adopting forestry practices that increase carbon sequestration. The program offers 15- to 30-year contracts with payments based on measurable carbon benefits, prioritizing projects that sequester the most carbon per acre and create forestry jobs. Landowners receive payments for practices like reforestation, improved forest management, or afforestation on private land, with optional conservation easements to protect carbon-storing forests. The Secretary of Agriculture must annually report program results to Congress, including carbon reductions and enrollment data by state.
Issues: ✓ EnergySupports EnergyBill promotes carbon sequestration through forestry practices, a climate mitigation strategy supporting renewable energy goals by reducing emissions and advancing clean energy infrastructure.85% confidence ✓ EnvironmentSupports EnvironmentBill funds private landowners for carbon-sequestering forestry practices like reforestation and improved management, directly advancing climate change mitigation through increased carbon storage.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill explicitly prioritizes projects that 'create forestry jobs' as a key criterion for funding, directly advancing employment opportunities in forestry sector.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2023
Committee Review
Floor Vote
President
Introduced Apr 27, 2023 Last action Apr 27, 2023
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Apr 27, 2023
Committee
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
upper
Apr 27, 2023
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jeanne Shaheen
Jeanne Shaheen
DDemocratic
NH
n/a
Co
Photo of Shelley Moore Capito
Shelley Moore Capito
RRepublican
WV
n/a