Loading…
H.R. 8538119th CongressIn committeeLatest action Apr 28, 2026Decoded by AI · checked against the record
Official title: To amend the Internal Revenue Code of 1986 to allow for limited full expensing of certain reforestation expenditures.
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Starting in 2027, landowners can write off up to $30,000 a year in tree-replanting costs, or up to $500,000 after a declared natural disaster.
50-second read · 4 questions answered below
This bill raises the amount of tree-replanting costs a landowner can immediately deduct on their federal taxes, from $10,000 to $30,000 per year. It also creates a larger deduction for replanting on land where unharvested timber was destroyed by a presidentially declared natural disaster in the past five years, up to $500,000 per property and $1,000,000 total. Both limits adjust for inflation over time, and if disaster-replanted land is sold within ten years, part of the tax benefit must be paid back.
These changes apply to individual landowners, family forest owners, partnerships, S corporations, and certain business groups. They apply to qualifying reforestation costs starting in tax year 2027.
Raising the deduction limits means landowners pay less in federal taxes in the years they replant trees. The payback rule means landowners who sell disaster-replanted land within ten years will owe some of those tax savings back to the federal government.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Ways and Means.