HR 1916
106th 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: May 25, 1999
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 1999
Referred to the House Committee on Ways and Means.
May 25, 1999
Introduced in House
Plain-English summary
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1