Allows full expensing of reforestation expenditures for qualified natural disasters.

The Save America’s Family Forests Act of 2026 amends the Internal Revenue Code to allow for full expensing of certain reforestation expenditures related to qualified natural disasters. This includes a deduction for disaster-related reforestation expenditures up to $500,000 for individual taxpayers and $250,000 for married taxpayers filing separately. The bill also increases the base expensing amount for reforestation expenditures and adjusts for inflation. The changes apply to taxable years beginning after December 31, 2026.

Allows full expensing of reforestation expenditures for qualified natural disasters.

The Save America’s Family Forests Act of 2026 amends the Internal Revenue Code to allow for full expensing of certain reforestation expenditures related to qualified natural disasters. This includes a deduction for disaster-related reforestation expenditures up to $500,000 for individual taxpayers and $250,000 for married taxpayers filing separately. The bill also increases the base expensing amount for reforestation expenditures and adjusts for inflation. The changes apply to taxable years beginning after December 31, 2026.