2025–2026

Framework development & stakeholder engagement

Policy design framework finalized. Advisory review completed with practitioners, funders, and policy experts. Investor returns model built across five CFLRP landscapes at single-project and aggregation scales, with class-differentiated credit pricing calibrated to MRV risk.

2027–2028

Pilot design & legislative development

Statutory design, MRV standards, and TPA governance framework refined. TABOR analysis and Colorado Department of Revenue consultation completed. Legislative sponsors identified; pilot state legislation drafted.

2029–2031

Colorado state-level pilot

Live capped pilot authorizing up to $25 million in transferable state tax credits over three years, generating empirical transaction data on credit pricing, capital mobilization, and treatment outcomes across the full multi-phase credit lifecycle. The pilot is sized to support treatment of approximately 55,000 acres of landscape-scale treatment and produce 15–25 discrete market transactions across MRV risk classes.

2031–2032

Federal legislative engagement

Pilot data informs JCT scoring and congressional engagement. Core statutory elements introduced; 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.