1. Short title This Act may be cited as the Disaster Reforestation Act . 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 of subsection (a) , and (2) by adding at the end the following new paragraph: (2) Special rule for casualty loss of uncut timber (A) In general In the case of the loss of any uncut timber from fire, storm, insects, invasive species, drought, or other casualty, or from theft, the basis for determining the amount of the deduction for such loss (as otherwise determined under paragraph (1)) shall not be less than the excess of— (i) the value of such uncut timber determined immediately before such loss was sustained, over (ii) the salvage value of such timber. (B) Appraisal methods With respect to the appraisal of a timber casualty loss described in subparagraph (A)— (i) the appraisal valuation date shall be not later than 1 year after the casualty loss; and (ii) the appraisal shall— (I) conform to the Uniform Standards of Professional Appraisal Practice (USPAP); (II) be limited to the value of the lost timber