Save America’s Family Forests Act of 2026

This bill changes federal tax rules for money spent replanting forests. It raises the amount of reforestation costs a taxpayer can deduct right away from $10,000 to $30,000 per timber property ($5,000 to $15,000 for married people filing separately), with yearly inflation adjustments. It also creates a new deduction for replanting timber damaged by a presidentially declared major disaster in the past 5 years, up to $500,000 per property and $1,000,000 in total per year. If the land or timber is sold within 10 tax years, the deduction must generally be paid back as ordinary income, except in cases such as death, casualty, or government taking. The changes apply to costs paid in tax years starting after December 31, 2026.

Full text and official record on Congress.gov

Sponsors

• Bill Cassidy Republican sponsor
• 1 cosponsors