To amend the Internal Revenue Code of 1986 to allow taxpayers to include citrus canker tree replacement payments made by the Secretary of Agriculture as income or gain over a 10-year period.

This bill would change how citrus growers report federal disaster payments on their taxes when they receive compensation for trees destroyed due to citrus canker. Under current law, these payments are typically taxed as income in the year they are received; this legislation would allow farmers to spread that income out over a 10-year period instead. By breaking up the tax liability, the bill aims to provide long-term financial relief to growers and help them reinvest in replanting their groves without facing a large, immediate tax bill.