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HR 4330 105th Congress House

Christmas Tree Tax Equity Act

Official title: To amend the Internal Revenue Code of 1986 to allow capital gains treatment and an exception from the uniform capitalization rules for timber which is more than 4 years old when harvested.

Introduced: July 29, 1998 See on congress.gov
Taxation AccountingAgriculture and FoodBusiness income taxCapital gains tax
More subjectsShow fewer subjects
ChristmasCommemorationsCommerceCostsDepreciation and amortizationFinance and Financial SectorIncome taxInventoriesPublic Lands and Natural ResourcesReligionTax deductionsTrees
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 1998
Referred to the House Committee on Ways and Means.
Jul 24, 1998
Introduced in House
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 Latest action July 24, 1998

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Christmas Tree Tax Equity Act - Amends the Internal Revenue Code to make cut evergreens used for ornamental purposes that are older than four (currently six) years eligible for election as section 1231 business property and capital gains treatment.

Exempts such trees older than four (currently six) years from uniform capitalization rules.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 1
DUNN, JENNIFER
· Sep 9, 1998
 R
Aderholt, Robert B.
Alabama · Jul 29, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4330: Christmas Tree Tax Equity Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-4330/
MLA
"H.R. 4330: Christmas Tree Tax Equity Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-4330/.
Bluebook (legal)
H.R. 4330, 105th Cong. (2026), https://openamerica.io/bill/105-HR-4330/.
Markdown link
[H.R. 4330: Christmas Tree Tax Equity Act](https://openamerica.io/bill/105-HR-4330/)
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