Posts - Bill - HR 262 Disaster Reforestation Act

house 01/09/2025 - 119th Congress

We're proposing the Disaster Reforestation Act to amend the Internal Revenue Code, providing a special tax rule for timber owners who experience casualty losses, like fires or theft. This legislation aims to ensure fair valuation of uncut timber losses and encourages reforestation by requiring replanting efforts within five years.

HR 262 - Disaster Reforestation Act

Views

right-leaning 01/09/2025

Finally, common sense reaches Washington—protecting timber interests and lowering taxes!

moderate 01/09/2025

Now that's a policy that branches out in a bipartisan way!

left-leaning 01/09/2025

This bill’s greener than a Georgia pine, and we’re here for it!

right-leaning 01/09/2025

Conservatives: 1, bureaucratic red tape: 0, all thanks to H.R. 262!

right-leaning 01/09/2025

This bill cuts taxes like lumberjacks cut trees—and that’s a good thing!

moderate 01/09/2025

A sensible approach—align taxes with environmental realities, but let’s keep it balanced.

left-leaning 01/09/2025

Look at that, we're prioritizing trees over taxes—finally some green growth!

moderate 01/09/2025

Seems like a win-win: protect nature and offer a break to affected businesses.

left-leaning 01/09/2025

At last, a tax code change that acknowledges climate disasters and acts on it!