HR 2543 · 111th Congress 2009–2011, ended

Timber Revitalization and Economic Enhancement Act of 2009

Introduced May 21, 2009 Originated House Sponsor Jim McDermott D-WA

Fact sheet

Latest action · May 21, 2009 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.

IntroducedMay 21, 2009
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Timber Revitalization and Economic Enhancement Act of 2009 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.

Cosponsors 12

Members who signed on, in the order they did. Signatures ran from May 21, 2009 to Sep 14, 2009, with 8 there on the day it was introduced.

Seat	Cosponsor		Signed on
D-WA	Adam Smith	Original	May 21, 2009
R-WA	David G. Reichert	Original	May 21, 2009
D-OR	David Wu	Original	May 21, 2009
D-OR	Earl Blumenauer	Original	May 21, 2009
R-TX	Kevin Brady	Original	May 21, 2009
D-WA	Norman D. Dicks	Original	May 21, 2009
R-CA	Wally Herger	Original	May 21, 2009
R-NC	Walter B. Jones	Original	May 21, 2009
D-WA	Brian Baird		Jun 24, 2009
R-LA	Charles W. Boustany, Jr.		Jun 24, 2009
D-AR	Mike Ross		Jun 24, 2009
R-WA	Cathy McMorris Rodgers		Sep 14, 2009

Actions 2

Everything that happened, newest first.

May 21, 2009Introduced in House
May 21, 2009Referred to the House Committee on Ways and Means.

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
S 316	Timber Revitalization and Economic Enhancement Act II of 2009	Related bill	Jan 26, 2009

Subjects

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

Text 1

Each version as it was printed, newest first.

May 21, 2009Introduced in House

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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.