Bill Would Help Timber Farmers Weather Storm Losses
A Farm Bureau-backed bill would help timber farmers recover from natural disasters by increasing the amount of financial relief provided by the casualty loss tax deduction.
The Forestry Recovery Act of 2019 (H.R. 1444) would allow timber farmers to “continue their businesses, encourage the reforestation of timberland, and help rural communities maintain their economic base,” American Farm Bureau Federation President Zippy Duvall said in a letter to Rep. Buddy Carter (R-Ga.), the bill’s sponsor.