ACRES Act

The Accurately Counting Risk Elimination Solutions Act (ACRES Act) was introduced in the House on January 3, 2025, by Rep. Thomas Tiffany (R-WI). It passed the House by voice vote on January 21, 2025, and was reported favorably out of the Senate Committee on Energy and Natural Resources on March 4, 2026. The bill is currently awaiting floor action in the Senate. The legislation requires the Secretaries of Agriculture and Interior to include in the President's budget submission each fiscal year a report detailing the number of acres of federal land on which hazardous fuels reduction activities were completed, along with specific data on location, wildfire risk level, activity type, cost per acre, and effectiveness. This is a transparency and accountability measure, not a funding authorization or appropriation. No new programs, contracts, or spending are created. The bill does not allocate any dollars; it merely mandates existing agencies to compile and report data more consistently. As a result, there is no direct financial impact on any publicly traded company. The sectors most relevant—federal land management and wildfire mitigation—are dominated by government agencies and private contractors that are not publicly traded or are too diversified for the reporting requirement to move their stock. Companies involved in vegetation management (e.g., $MTZ, $EME) derive revenue from utility contracts, not federal reporting mandates. The bill's passage would not change their revenue outlook. The legislative path is straightforward: the bill has already cleared the House and a Senate committee. Given its non-controversial nature (voice vote in House), final passage is likely but not guaranteed. However, even if enacted, the market implications are zero.