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HR 4509 105th Congress House Taxation Business income tax Commerce Cost of living adjustments Depreciation and amortization Economics and Public Finance Environmental Protection Income tax Indexing (Economic policy) Lumber trade Public Lands and Natural Resources Reforestation Tax deductions

To amend the Internal Revenue Code of 1986 to reduce to 36 months the amortization period for reforestation expenditures and to increase to $25,000 the maximum annual amount of such expenditures which may be amortized.

Introduced: August 6, 1998 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 6, 1998
Referred to the House Committee on Ways and Means.
Aug 6, 1998
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to reduce from 84 to 36 months the amortization period for reforestation expenditures and to increase from $10,000 to $25,000 the maximum amount of such expenditures which may be amortized annually.

What's happening now August 6, 1998

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1