Allows full expensing of certain 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 for qualified natural disasters. It increases the base expensing amount from $10,000 to $30,000 and allows up to $500,000 in disaster-related reforestation expenditures to be fully expensed. The bill also includes provisions for inflation adjustments and recapture rules if the property is disposed of within 10 years. These changes apply to taxable years beginning after December 31, 2026.
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