In CommitteeFiled Apr 28, 2026
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Apr 28, 2026
Summary
The bill raises the amount forest owners can immediately deduct for planting trees and adds a special deduction for replanting after a qualified natural disaster. It benefits timber landowners, forestry businesses, partnerships, S corporations, trusts and estates by lowering their tax bills and encouraging forest recovery. The limits are also adjusted each year for inflation.
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