HYDE-SMITH COSPONSORS DISASTER REFORESTATION ACT
HYDE-SMITH COSPONSORS DISASTER REFORESTATION ACT
Bipartisan Measure Would Help Forest Landowners Recover After Natural Disasters
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) is supporting legislation to fix the federal tax code that unintentionally penalizes forest landowners who lose timber due to natural disasters.
Hyde-Smith has cosponsored the Disaster Reforestation Act (S.217), a bipartisan bill that would allow forest landowners to deduct the full value of timber destroyed...