Washington, April 29 -- Representative Greg Steube issued the following press release:
Representatives Greg Steube (R-Fla.) Buddy Carter (R-Ga.), Terri Sewell (D-Ala.), Aaron Bean (R-Fla.), Mike Thompson (D-Calif.), Greg Murphy (R-N.C.), and Nathaniel Moran (R-Texas) today introduced the Save America's Family Forests Act. This bill would allow forest landowners to immediately expense reforestation costs following a qualified natural disaster, accelerating recovery and reinvestment in rural economies.
"In Florida, our family forests face constant threats from hurricanes and severe flooding that can wipe out years of timber production overnight. When disaster strikes, family forest landowners need tax relief when replanting costs hit, not y...