Lawmakers Seek to Reauthorize Low-Interest Timber Loan Program

US Rep. Dan Newhouse (R-WA) recently introduced the Supporting American Wood and Mill Infrastructure with Loans for Longevity (SAWMILL) Act to permanently reauthorize the Timber Production Expansion Guaranteed Loan Program (TPEP), HBSDealer reported (12-1-25). Rep. Terri Sewell (D-AL) joined as co-lead.

Senators Tim Sheehy (R-MT) and Jeff Merkley (D-OR) have introduced companion legislation in the Senate.

TPEP provides low-interest, long-term loans for timber and wood processing companies to invest in equipment and facility upgrades, with a particular focus on mills that process hazardous fuels. Lawmakers say the program strengthens rural economies while reducing wildfire risk on public lands.

The legislation is supported by the American Wood Council, American Forests, and The Lumber Manufactory.

Commenting on the bill, Rep. Newhouse said:

“The SAWMILL Act gives timber mills the ability to grow their operations and support rural communities who stand to benefit even more from a strong, local timber industry. As we work in Congress on a wide range of policies to protect our forests, this legislation is a positive step we can take to make sure the federal government is making it easier for the industry to be successful here at home.”

Rep. Sewell added:

“Alabama’s rural landowners and forestry sector too often can’t access sawmills and other wood processing infrastructure which increase property values and advance the mission of forestry conservation. I am proud to join Rep. Newhouse in introducing the SAWMILL Act, which will bring critical infrastructure to rural communities, expand access to new markets for rural landowners, and encourage conservation of the environment.”