To amend the Internal Revenue Code of 1986 to create a credit for carbon removal and storage for forest residues from wildfire management.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to create a credit for carbon
removal and storage for forest residues from wildfire management., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Environment, Finance.
Who Benefits and How
energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section idf362506390894839a141d2747cacb8d7: 1. Short title This Act may be cited as the Wildfire Reduction and Carbon Removal Act of 2025.
- Section id98ae70a772824e8ea029359cadb52c7f: 2. Credit for forest residue carbon removal and storage Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
- Section id3af0236cdf274eaab9ab401fdda316d0: 45BB. Forest residue carbon removal and storage For purposes of section 38, the forest residue carbon removal and storage credit for any taxable year is an...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to create a credit for carbon removal and storage for forest residues from wildfire management., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Key Policy Areas
Energy, Environment, Finance
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to create a credit for carbon removal and storage for forest residues from wildfire management., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Policy Domains
Whole bill
Identified Gains
- energy producers, utilities, and energy consumers
Identified Costs
- federal implementing agencies
- energy producers, utilities, and energy consumers
Sponsors
Legislative Progress
IntroducedMr. Whitehouse (for himself and Mr. Schiff) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_energy"
- → Secretary of Energy
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
- "secretary_of_treasury"
- → Secretary of the Treasury
- "secretary_of_agriculture"
- → Secretary of Agriculture
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology