A bill to amend the Internal Revenue Code of 1986 to make permanent certain provisions of the Heartland, Habitat, Harvest, and Horticulture Act of 2008 relating to timber.
Timber Revitalization and Economic Enhancement Act of 201 7 This bill amends the Internal Revenue Code to make permanent the reduced tax rate for corporations that have both net capital gains and timber gains.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Capital gains taxForests, forestry, treesIncome tax rates
A bill to amend the Internal Revenue Code of 1986 to make permanent certain provisions of the Heartland, Habitat, Harvest, and Horticulture Act of 2008 relating to timber.
USA115th CongressS-524| Senate
| Updated: 3/2/2017
Timber Revitalization and Economic Enhancement Act of 201 7 This bill amends the Internal Revenue Code to make permanent the reduced tax rate for corporations that have both net capital gains and timber gains.