Establishes the Timber Production Expansion Guaranteed Loan Program to support wood-processing facilities near high-priority federal lands.

The SAWMILL Act establishes the Timber Production Expansion Guaranteed Loan Program, administered by the Secretary of Agriculture in coordination with the Secretary of the Interior. This program provides loan guarantees to eligible entities for establishing, reopening, retrofitting, expanding, or improving sawmills or wood-processing facilities within a 250-mile radius of high-priority federal lands. These federal lands are identified as high or very high priority for ecological restoration involving vegetation removal.

Establishes the Timber Production Expansion Guaranteed Loan Program to support wood-processing facilities near high-priority federal lands.

The SAWMILL Act establishes the Timber Production Expansion Guaranteed Loan Program, administered by the Secretary of Agriculture in coordination with the Secretary of the Interior. This program provides loan guarantees to eligible entities for establishing, reopening, retrofitting, expanding, or improving sawmills or wood-processing facilities within a 250-mile radius of high-priority federal lands. These federal lands are identified as high or very high priority for ecological restoration involving vegetation removal.