HR 1581
107th Congress
House
Taxation
Business income tax
Capital gains tax
Commerce
Depreciation and amortization
Economics and Public Finance
Environmental Protection
Income tax
Indexing (Economic policy)
Lumber trade
Public Lands and Natural Resources
Reforestation
Tax credits
Tax deductions
Timber sales
Reforestation Tax Act of 2001
Introduced: April 25, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2001
Referred to the House Committee on Ways and Means.
Apr 25, 2001
Introduced in House
Plain-English summary
Reforestation Tax Act of 2001 - Amends the Internal Revenue Code to allow a deduction to a taxpayer who has a qualified timber gain in an amount equal to the qualified percentage of such gain. Decreases the amortization period for reforestation expenditures.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1