Skip to main content
HR 4330 105th Congress House Taxation Accounting Agriculture and Food Business income tax Capital gains tax Christmas Commemorations Commerce Costs Depreciation and amortization Finance and Financial Sector Income tax Inventories Public Lands and Natural Resources Religion Tax deductions Trees

Christmas Tree Tax Equity Act

Introduced: July 24, 1998 See on congress.gov
Sign in to write a letter Sign in to watch
 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
 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.

What's happening now July 24, 1998

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1