The Locally Led Restoration Act makes two main changes to federal forest management. First, it expands the ability of private organizations and local entities to propose and conduct wildfire fuel removal projects on federal lands through stewardship contracts, requiring the Forest Service and Bureau of Land Management to respond to proposals within 120 days and complete environmental reviews promptly. These projects must remove at least 10 percent salvage material (such as dead trees or beetle-killed wood) and follow applicable forest management plans, though they cannot occur in wilderness areas or roadless areas. Second, the bill increases the dollar threshold for when the Forest Service must publicly advertise timber sales from $10,000 to $55,000, and requires annual adjustments based on inflation going forward. The legislation is designed to speed up and localize forest restoration efforts while allowing smaller timber sales to proceed without formal advertising requirements. Congress has also requested a report within five years tracking how many proposals are submitted, how many contracts are approved, and how many acres are treated under these new authorities.