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Published 3 months ago

Cindy Hyde-Smith cosponsors Disaster Reforestation Act - The Vicksburg Post

Summary by The Vicksburg Post
U.S. Senator Cindy Hyde-Smith (R-Miss.) is supporting legislation aimed at fixing 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 during disaster events in the same way the tax code treats farmers and other agriculture c…

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Cindy Hyde-Smith cosponsors Disaster Reforestation Act - The Vicksburg Post

U.S. Senator Cindy Hyde-Smith (R-Miss.) is supporting legislation aimed at fixing 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 during disaster events in the same way the tax code treats farmers and other agriculture c…

3 months ago
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