The Save America's Family Forests Act of 2026 provides tax incentives for forest owners to replant trees. The bill increases the annual deduction limits for reforestation costs from $10,000 to $30,000 for individuals and from $5,000 to $15,000 for married couples filing separately, with these amounts adjusted annually for inflation starting in 2027. Additionally, the legislation creates a new tax deduction specifically for reforestation efforts following federally-declared natural disasters, allowing forest owners to deduct up to $500,000 per property or $1,000,000 total across all properties for disaster-related reforestation costs, again with inflation adjustments after 2026. These tax benefits apply to reforestation expenditures paid or incurred after December 31, 2026, and are designed to help family forest owners and timber landowners recover and rebuild following hurricanes, wildfires, and other presidential-declared disasters. The deductions include recapture rules requiring beneficiaries to pay back the tax benefits as ordinary income if they sell the reforested property within ten years, except in cases of death, casualty, condemnation, or governmental taking.
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