S 567
107th Congress
Senate
Taxation
Business income tax
Capital gains tax
Commerce
Income tax
Public Lands and Natural Resources
Timber sales
A bill to amend the Internal Revenue Code of 1986 to provide capital gain treatment under section 631(b) of such Code for outright sales of timber by landowners.
Introduced: March 19, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2001
Read twice and referred to the Committee on Finance.
Mar 19, 2001
Sponsor introductory remarks on measure. (CR S2477-2478)
Mar 19, 2001
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to provide capital gain treatment for outright timber sales by landowners.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1