A bill to amend the Immigration and Nationality Act to extend for 1 year the application period under the legalization program.

The National Prescribed Fire Act of 2025, introduced by Senator Wyden (D-OR) and Mr. Budd, mandates a 10% annual increase in prescribed fire acreage on federal lands for 10 years. This creates a guaranteed, sustained demand for heavy equipment, specialized fire services, and related infrastructure. The bill establishes a collaborative program providing financial assistance for prescribed fires, directly channeling funds to entities conducting these operations. This is not a one-time appropriation but a long-term operational directive that will drive consistent spending in the sector. Funding flows through the Department of Agriculture (USDA) and the Department of the Interior, which will provide financial assistance to eligible entities. These entities include states, Indian tribes, counties, municipal governments, fire districts, nongovernmental organizations, and private entities. This structure ensures that a broad range of companies involved in land management, heavy equipment manufacturing, and specialized fire services will be positioned to receive contracts and grants. The emphasis on units of the National Forest System in the western and southeastern United States further concentrates the spending geographically. Historically, increased federal spending on land management and disaster preparedness has driven demand for related equipment and services. For example, following the 2000 wildfire season, federal spending on wildfire suppression and prevention increased significantly. While direct market data for specific prescribed fire legislation is limited, increased government contracts for infrastructure and environmental management consistently boost companies in those sectors. The Infrastructure Investment and Jobs Act of 2021, which included significant funding for wildfire management, saw companies like Caterpillar ($CAT) and Deere & Company ($DE) experience sustained demand for their heavy equipment. Specific winners include heavy equipment manufacturers like Caterpillar ($CAT) and Deere & Company ($DE), which supply machinery for land clearing and firebreak creation. Companies providing specialized fire management services, though often privately held, will see increased contract opportunities. Retailers like Walmart ($WMT), Home Depot ($HD), and Lowe's ($LOW) will benefit from increased sales of tools, safety equipment, and supplies to individuals and smaller entities participating in the collaborative programs. The bill's passage is a strong signal for sustained growth in the land management and fire services sectors. The bill has been referred to the Committee on Energy and Natural Resources, and with a senior sponsor like Senator Wyden, it has a clear path forward.