Disaster Reforestation Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1141 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1141 To amend the Internal Revenue Code of 1986 to provide a special rule for certain casualty losses of uncut timber. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 26, 2025 Mr. Cassidy (for himself, Mr. Warnock, Mr. Tuberville, Mr. King, and Mrs. Britt) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide a special rule for certain casualty losses of uncut timber. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Disaster Reforestation Act''. SEC. 2. CASUALTY LOSSES OF UNCUT TIMBER. (a) In General.--Section 165(b) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``For purposes of subsection (a)'' and inserting the following: ``(1) In general.--For purposes …