Save America’s Family Forests Act of 2026
To amend the Internal Revenue Code of 1986 to allow for limited full expensing of certain reforestation expenditures.
The bill, HB8538 or the Save America’s Family Forests Act of 2026, aims to amend the Internal Revenue Code to allow for immediate tax deductions, or full expensing, for certain reforestation costs. This change is intended to encourage more landowners to engage in reforestation activities by reducing the financial burden upfront.
This bill would primarily affect small and medium-sized forest owners who engage in reforestation. By allowing them to deduct the full cost of reforestation in the year it is incurred, the bill seeks to make these projects more financially viable. This could lead to more trees being planted and healthier forest ecosystems.
As of April 28, 2026, HB8538 was introduced in the House and referred to the House Committee on Ways and Means. It has not yet advanced further in the legislative process, so it is still in the early stages of consideration. Key actions to watch include committee review and potential votes in the House.
