HR 1581
107th Congress
House
Reforestation Tax Act of 2001
Official title: To amend the Internal Revenue Code of 1986 to modify certain provisions relating to the treatment of forestry activities.
Taxation
Business income taxCapital gains taxCommerceDepreciation and amortization
More subjectsShow fewer subjects
Economics and Public FinanceEnvironmental ProtectionIncome taxIndexing (Economic policy)Lumber tradePublic Lands and Natural ResourcesReforestationTax creditsTax deductionsTimber sales
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
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Latest action
Referred to the House Committee on Ways and Means.
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.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
26
MCINNIS, SCOTT
R
Aderholt, Robert B.
R
Rogers, Harold
R
Capito, Shelley Moore
TURNER, JIM
R
Wilson, Joe
HOUGHTON, AMO
JOHN, CHRISTOPHER
LUCAS, KEN
TAUZIN, W.
BALLENGER, CASS
R
Lucas, Frank D.
NETHERCUTT, GEORGE
R
Graham, Lindsey
CRANE, PHILIP
Vitter, David
R
Sessions, Pete
SANDLIN, MAX
D
Bishop, Sanford D.
COLLINS, MAC
Isakson, Johnny
D
Larsen, Rick
R
Simpson, Michael K.
D
Smith, Adam
D
Thompson, Mike
R
Wicker, Roger F.
Cite this page
U.S. Congress. (2026). H.R. 1581: Reforestation Tax Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1581/
"H.R. 1581: Reforestation Tax Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1581/.
H.R. 1581, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1581/.
[H.R. 1581: Reforestation Tax Act of 2001](https://openamerica.io/bill/107-HR-1581/)