S. 1141: Disaster Reforestation Act

S. 1141 is a federal bill in the 119th Congress. Before this bill, timber owners calculating tax deductions for lost uncut trees faced complex valuation rules that often limited their write-offs after natural disasters. Under this bill, timber owners can base their tax deduction on the full appraised… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.