Timber Tax Simplification Act of 2001

Fact Sheet API

Bill Number

HR 1341

Introduced

Apr 3, 2001

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Business income tax Capital gains tax Commerce Income tax Public Lands and Natural Resources Taxation Timber sales

Full Text

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Votes

Summary

Timber Tax Simplification Act of 2001 - Amends the Internal Revenue Code to provide for the application of capital gain treatment to outright sales of timber whether or not the owner retains economic interest.

Actions

Apr 3, 2001

Referred to the House Committee on Ways and Means.
Apr 3, 2001

Sponsor introductory remarks on measure. (CR E512)
Apr 3, 2001

Introduced in House

Amendments

Related Bills