2025–2026

Framework development & stakeholder engagement

Policy architecture developed and refined through practitioner, funder, and policy review. Investor economics modeled across five CFLRP landscapes at single-project and aggregation scales.

2027–2028

Pilot design & legislative development

Statutory design, verification standards, registry architecture, and TPA governance refined for state implementation. Tax-administration consultation, pilot geography, transaction partners, and legislative sponsorship developed.

2029–2031

State-level pilot

A live, capped state pilot would test phase reservations, transferability, pricing, stacking, and pre-completion financing in real transactions. It would generate observed data on eligible cost, issuance timing, completion, credit utilization, and uptake — evidence needed to refine federal design and revenue estimation.

2031–2032

Federal legislative engagement

Pilot evidence on eligible basis, uptake, issuance timing, completion, and credit utilization informs federal revenue estimation and congressional design. Core statutory elements are refined alongside interagency coordination with IRS, USFS, and DOI.

Early–mid 2030s

Federal authorization

Full federal WPTC program authorized, establishing a durable national financing pathway for landscape-scale wildfire risk reduction.