HR 1341 · 107th Congress 2001–2003, ended

Timber Tax Simplification Act of 2001

Introduced Apr 3, 2001 Originated House Sponsor Mac Collins R-GA

Fact sheet Spreadsheet

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

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 3, 2001
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

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.

Cosponsors 20

Members who signed on, in the order they did. Signatures ran from May 25, 2001 to May 15, 2002.

SeatCosponsorSigned on
R-ARAsa HutchinsonMay 25, 2001
D-TXJim TurnerJun 26, 2001
R-TXPete SessionsJun 26, 2001
D-MSRonnie ShowsJun 26, 2001
R-ALSonny CallahanJun 26, 2001
R-MSCharles W. "Chip" PickeringAug 1, 2001
R-GACharles W. NorwoodAug 1, 2001
D-FLKaren L. ThurmanAug 1, 2001
D-TXMax SandlinAug 1, 2001
R-PAPhil EnglishAug 1, 2001
R-GASaxby ChamblissAug 1, 2001
R-ALSpencer BachusAug 1, 2001
R-TNJohn J. Duncan, Jr.Aug 2, 2001
R-IDC. L. (Butch) OtterSep 5, 2001
R-LAJim McCrerySep 5, 2001
R-NHJohn E. SununuOct 3, 2001
D-METhomas H. AllenOct 3, 2001
R-MNJim RamstadDec 11, 2001
D-TXNick LampsonMar 20, 2002
R-SCLindsey GrahamMay 15, 2002

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Apr 3, 2001

Actions 3

Everything that happened, newest first.

  1. Apr 3, 2001Introduced in House
  2. Apr 3, 2001Sponsor introductory remarks on measure. (CR E512)
  3. Apr 3, 2001Referred to the House Committee on Ways and Means.

In the Congressional Record 1

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
ExtensionsDebate and remarks E512Mac Collins R-GAApr 3, 2001

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.
Short Titles as Introduced
Timber Tax Simplification Act of 2001

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Apr 3, 2001Introduced in House

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

$1 $5 $10

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.