HR 3609 · 111th Congress 2009–2011, ended

Wetlands Conservation Investment Act of 2009

Fact sheet

Latest action · Sep 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.

  1. IntroducedSep 21, 2009
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Wetlands Conservation Investment Act of 2009 - Amends the Internal Revenue Code to treat gain or loss from the sale or exchange of a mitigation bank credit by the sponsor of the mitigation bank (i.e., the wetland, stream, or other aquatic resource area that has been restored, established, enhanced, or preserved for the purpose of providing compensation for unavoidable impacts to aquatic resources) who earned such credit as the sale or exchange of a capital asset held for more than one year (thus allowing preferential tax treatment of such gain or loss).

Cosponsors 3

Members who signed on, in the order they did. Signatures ran from Sep 21, 2009 to Nov 6, 2009, with 1 there on the day it was introduced.

SeatCosponsorSigned on
D-TNJohn S. TannerOriginalSep 21, 2009
R-LACharles W. Boustany, Jr.Oct 26, 2009
D-WIRon KindNov 6, 2009

Actions 2

Everything that happened, newest first.

  1. Sep 21, 2009Introduced in House
  2. Sep 21, 2009Referred to the House Committee on Ways and Means.

Related bills 1

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

BillTitleRelationshipLatest action
S 2876Wetlands Conservation Investment Act of 2009Related billDec 11, 2009

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Sep 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.